- Most European markets rose Wednesday with investors awaiting Germany's Constitutional Court to approve the euro zone's new bailout fund to help reduce the debt stress faced by the countries in the region.
- On Tuesday Euro/Dollar increased with 115 pips ahead of German court ruling today. The European currency appreciated from 1.2757 to 1.2871 yesterday, matching the positive money flow sentiment at over 19%, closing the day at 1.2853. This morning the Euro is trading quietly, with movements at the upper end of yesterday's range for now. On the 1 hour chart the upward channel looks good, while on the 3 hour chart the new upward channel is also intact. Break above the nearest resistance and ye...
- Asian shares edged higher Wednesday as investors remained cautiously optimistic that a German court would approve the legality of the euro zone's bailout fund later in the day and the U.S. Federal Reserve may deliver further stimulus measures this week.
USA vs. Jamaica: Watch Live Stream Online of World Cup Qualifier; Prediction, Probable Lineups, PreviewWatch live coverage as the United States men's national team takes on Jamaica in Columbus, Ohio, plus a full preview, team news and prediction.
- Gazprom has Europe's natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant's offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU's natural gas supplies.
- The Euro rallied to an overnight high of 1.2817 as Germany's Constitutional Court reassured that it will rule on the European Stability Mechanism on September 12, while Finance Minister Wolfgang Schaeuble warned of the slowing recovery in Europe's largest economy as the debt crisis continued to dampen the outlook for the region. In turn, Germany's Economy Ministry endorsed the European Central Bank's bond-buying program as the non-standard measure is expected to boost short-term liqu...
- This week is setting up much like last week in that stimulus or quantitative easing is by far the main item of focus by both traders and investors. The US Fed FOMC meeting is Wednesday and Thursday of this week with many participants expecting the Fed to act now to try to jump start the economy and try to put some life into the faltering jobs market as both are part of their mandate. The market became slightly more convinced that the Fed would act this week after Friday's weak nonfarm payroll...
- Gas prices still are not really coming down in Chicago or in China. Already the city with the highest gas prices in the nation Chicago gas prices and some of the highest paid public school teachers. Oh never mind they are on strike. Well gas prices are going up on yet another pipeline problem this time the Magellan. That comes as word that refiners in the Gulf Coast are still battling the aftermath of Hurricane Isaac. Gas will continue to be strong and will be the strong part of the sector.
- The most important court decision of 2012 will take place Wednesday in Germany, when the red-robed justices of the German Constitutional Court hand down a decision for which it is no hyperbole to say it could change the course of history. The Court is expected to rule over whether Germany is barred from contributing to the European Stability Mechanism, Europe's all-purpose bailout fund of which the German state is the major planned benefactor.
- Asian stock markets declined Tuesday as investors opted for caution ahead of key events including German court ruling on ESM constitutionality and the U.S. Federal Reserve policy meeting later this week.
- Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. The pace of hiring is expected to slow in large emerging economies including China and India.
- A look at five players likely to be on Chelsea's radar heading into the next transfer window.
- The summer sports lifted the host nation's mood as Mo Farah, Jessica Ennis, and David Weir were cheered on in the centre of the city.
- From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.
Apple iPhone 5 Features: Report Says Device Will Work On The Fastest Global LTE Networks But Not Likely On All CarriersApple fans all around the world widely assume that the company's upcoming "iPhone 5" will have the LTE functionality. A new WSJ report said that the handset would work on the fastest 4G LTE networks around the world, including those in the U.S., Europe and Asia.