All Posts Tagged With: "Eurozone"

German Investor Confidence Rises!

The markets are going to forgive the U.S. of its debt position and imbalances. They will forgive the U.S. of the financial institution meltdown that all began with sub prime mortgages. They will forgive the U.S. of having rising unemployment, and an economy that will be proven to be in a recession. And I’m not even going to go into the future debts the U.S. will have to take on with all the baby boomers hitting retirement.

The Tiny London-Listed Share That’s On The Brink Of Doubling In Post-War Georgia

The tiny London-listed share that’s on the brink of doubling in post-war Georgia. There’s a popular misconception that the Chinese word for “crisis” means “danger and “opportunity”.

The Biggest Loser of Purchasing Power

“You will lose more in purchasing power (as central bank monetary inflation destroys the currency by printing enough to finance the higher stock prices) than you will ever net in gains…”

Eurozone Inflation Highest for 16 Years

Eurozone inflation measured 3.7% year-on-year in May, the highest rate for 16 years, reports Bloomberg. This increases the likelihood of an interest rate hike by the ECB in July, putting more downward pressure on the US dollar.

Money Morning’s William Patalon III discusses how rising inflation is dominating the news on both sides of the Atlantic:

Undoubtedly, a universal theme is emerging at the Fed and other world central banks: Inflation, Inflation, Inflation.

ECB Stands Firm Against Inflation

After voting to hold rates steady at its monthly meeting today (Thursday), European Central Bank (ECB) President Jean-Claude Trichet said a rate hike in July is “possible.”

Day Two For Risk Aversion…

More losses… Currencies rebound… Jumping off the bandwagon…  Slowing renminbi appreciation? And Now… Today’s Pfennig!

How Can Spain Overcome This Economic Situation?

‘The economic figures in Spain have deteriorated. Rato proposes reforms, and hopes that the government approves a package of economic measures soon’ says Paola Pecora.

Should Britain Dump the Pound for the Euro?

The news on the UK economy just keeps getting worse. Last week’s news was unremittingly glum - from falling house prices to income squeezes, most of us are quite a bit worse off than we were a year ago.

US and Japan Want to End EU Technology Tariffs

Japan and the US said they would use the World Trade Organization to overturn European Union tariffs on consumer technology items such as computer screens, multifunctional printers and TV set-top boxes capable of accessing the Internet.

“The EU should be working with the United States to promote new technologies, not finding protectionist gimmicks to apply new duties to these products,” US Trade Representative Susan Schwab said to Thomson Reuters.

And Now… Today’s Pfennig! Thursday May 29, 2008

Fisher talks tough… GDP revision today… A$ remains resilient… Norges Bank keeps rates unchanged… Sounding Like A Hawk…

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