Who's Best At Forecasting Path Of US Economy?
February 22 2013 11:29 AM
The world's most accurate forecaster of the U.S. economy is a 26-year-old Frenchman who has never been to the U.S.
Is The Euro Zone Recovery In Doubt?
February 21 2013 11:00 AM
The latest PMI survey showed that the downturn in the euro zone’s businesses worsened unexpectedly in February, particularly in France.
What Euro Crisis? German Investor Sentiment Jumps In February
February 19 2013 10:22 AM
German investor sentiment soared to its highest level in nearly 3 years in Feb., adding to signs that the worst of the euro crisis is over.
Euro Zone Recession Deepened In 4Q, But ECB Rate Cut Unlikely
February 14 2013 11:55 AM
A bigger-than-expected GDP contraction in Q4 brought a dismal end to a very difficult year for the euro zone.
Economic Events: Bank OfJapan, Group Of 20 Meetings In Focus
February 12 2013 5:55 AM
Foreign-exchange traders will be closely watching the G20 meeting in Russia. Currency manipulation will likely dominate the discussions.
ECB Risks Losing Currency War
February 05 2013 5:42 AM
As other central banks continue printing money, the European Central Bank seems to be moving in the opposite direction.
Labor Minister Says France Is ‘Totally Bankrupt’
January 30 2013 12:21 PM
Recent economic data indicates that France is lagging further behind Germany and this gap will widen as the year goes on.
This Week’s Economic Events
January 29 2013 5:56 AM
This week the focus will be on U.S. non-farm payrolls, ISM data, FOMC decision and January vehicle sales.
Spain’s Unemployment Rate Rises To 26%
January 24 2013 7:05 AM
Spain’s unemployment rate in the fourth quarter of 2012 jumped to a record high of 26 percent, data released by the National Statistics Institute showed Thursday.
Spain's Recession Deepens, Bailout 'Inevitable'
January 23 2013 12:59 PM
Even if Spain asks for a bailout, it won't be enough to address the country's deep-seated problems, according to a European economist.
An Unemployed World, A ‘Lost Generation’
January 22 2013 1:02 PM
Rising youth jobless rates have spurred concern over a “lost generation.” Global joblessness hit 197 million, up 4 million in 2012.
German Investor Confidence Unexpectedly Soars To 2.5-Year High
January 22 2013 12:00 PM
A widely followed survey of German investor confidence posted a two-and-a-half year high, surging unexpectedly above its long-term average.