Market Uncertainty Sends Equities Lower; Euro Drops to Signi
The Euro has seen massive moves lower to start the week and this continued during the Asian session after Monday’s meeting between EU finance ministers did little to ease the general concerns that are being seen in the current market environment.
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National Bank of New Zealand Business Confidence June 2011
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U.S. Equities Close Higher Despite Weak Consumer Data
U.S. stocks finally moved higher after another down-trending week, this time led by strong gains in the financial sector, even as investors continue to eye the latest developments on Greece’s debt restructure.
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Bank of Israel: the inflation will remain above target 2011
According to a recent report published today by Bank of Israel, the Israeli inflation (CPI) will remain above the Bank’s target and is currently expected to reach 3.1% on an annual scale.
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Mergers and Acquisitions – Weekly Report
On Monday Fortis acquired Central Vermont Public Service for €470 million. This had negative implications for the buyer, with the utility giant down over 2%. Central Vermont was up over 40% reflecting the large premium being paid.
Cancer and Mobile Phones Linked; Nokia Stock Slumps
The radiation caused by cell phones has led the WHO to put mobile phones in the same “carcinogenic hazard” category as engine exhausts, and lead.Until now WHO have claimed that no concrete evidence has been provided to suggest the link betwee
US Economy Falters But Wall Street In The Money
With the Memorial Day weekend now a mere memory, market players will refocus their attention on the U.S. economy. Earlier, the results of the Conference Board’s consumer confidence survey were released as well as the Chicago Purchasing Manager’s
U.S. Consumers Crushed By Inflation, Double Dip Insight
An in-depth analysis of the risks lurking to the US economy and the Dollar from consumer's weakness .
US Data Round-Up: Spending & Incomes, Confidence, Home Sales
Today’s US data showed a mixed picture for consumers as personal spending rose 0.4% in April, but mainly on account of higher prices for energy and food. However, consumer confidence showed sentiment improving in May, likely as energy prices fell


