Articles by Portugal
Manchester United Transfer News: Oliveira, Feghouli and Evangelista All Said to be on Ferguson's Radar
September 18 2012 2:40 PM EDT
Manchester United are linked with a trio of young talent in the latest transfer speculation.
All Signs Pointing to Gold
September 18 2012 3:36 AM EDT
With another syringe of quantitative easing being injected into the U.S. economy's bloodstream, Ben Bernanke is giving the markets their liquidity fix. The Federal Reserve's action reaffirmed my stance I've reiterated on several occasions that the governments across developed markets have no fiscal discipline, opting for ultra-easy monetary policies to stimulate growth instead.
Chelsea Transfer News: Fellaini and Llorente Linked with January Moves; Oliveira to Join Next Summer?
September 17 2012 3:27 PM EDT
Chelsea have been linked with two international strikers, while there is increasing speculation about a move for Marouane Fellaini.
Real Madrid Transfer Rumors: Club Willing to Sell Cristiano Ronaldo, For Right Price?
September 13 2012 10:47 AM EDT
Real Madrid could have a plan in place should Cristiano Ronaldo decide to leave.
London Session: Is it the Bernanke put or the Bernanke call these days?
September 13 2012 8:18 AM EDT
Today is all about Bernanke and the FOMC meeting that concludes later today. The main questions the markets want answered is 1, will we get more QE this month, 2, what form will it take, and 3, what size will it be? The markets seem to have made up their mind on the first question the Fed will act because of the unambiguously bad payrolls data in August and also after Bernanke’s defence of conventional QE at the Jackson Hole conference last month. We tend to agree that if the Fed doesn’t announ...
Daily Summary on USD, EUR, GBP, JPY, AUD and CAD
September 12 2012 2:04 PM EDT
The dollar begins the day mixed against its major counterparts as investors digest a pivotal German court decision ahead of tomorrow's Fed announcement. Expectations are clearly high that the FOMC will at the minimum hint at further stimulus measures with another round of quantitative easing a strong possibility. With US economic data having shown a steady decline over the past six months and with unemployment remaining frustratingly high, investors are betting the Fed may be compelled to int...
German ESM Ruling: World Stocks Rally, But Don’t Sound The All-Clear Yet
September 12 2012 10:17 AM EDT
Market bulls charged on Wednesday -- running U.S. stock futures, European stocks, the euro, oil and gold higher -- in the wake of a German court ruling that backs the country's participation in the euro zone's new bailout fund created to prevent the weakest euro economies from going bust. However, some economists warn that it's too early to sound the all-clear on the fate of the single currency bloc.
Sentiment Mildly Positive ahead of German Constitutional Court’s Ruling
September 12 2012 3:58 AM EDT
Financial markets steadied as investors awaited German Constitutional Court's ruling on the ESM/fiscal compact and the People's Bank of China reported RMB 704B of new loans in August, up from a disappointing RMB 540B in July. Positive comments from the Troika after meeting with Portuguese and Greek officials also helped sustain sentiment. News reports said that Spain has proposed a 3-step plan towards a Eurozone fiscal union. In the US, Moody's warned of credit downgrade if no progress ...
Most Important Supreme Court Decision Of 2012: Six Things To Know
September 11 2012 6:15 AM EDT
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.
AS THE EURO TUMBLES, SPANIARDS LOOK TO GOLD
September 10 2012 8:11 AM EDT
The unremitting deterioration of the eurozone's sovereign debt landscape continues to fuel uncertainties about the longevity of the euro as a strong currency. Such uncertainties are not only leading to capital flight from the EMU's periphery to the core and destabilizing markets worldwide, but they are also beginning to frighten southern European savers into seeking refuge outside their 10-year-old currency.
September 12th Looms Large for Germany
September 05 2012 5:45 PM EDT
The German economy is undoubtedly the powerhouse of Europe. As a result, an understanding of the developments within Germany can offer a strong indication of the path that the rest of Europe is likely to take. Until recently, Germany stood as a bastion of sound money against those Keynesian led regimes in the developed nations that favor continual currency debasement as an economic panacea. Throughout much of the past decade the German monetary bias was upheld by the Frenchman Jean Claude Triche...
Chelsea Transfer News: Falcao, Jovetic, Malouda and Meireles Involved in Latest Speculation
September 04 2012 5:09 PM EDT
Chelsea could already be lining up a massive signing for the January transfer window.
Currency Focus: Bernanke Strikes Delicate Balance On Stimulus
September 02 2012 7:24 PM EDT
Acutely aware of the emphasis markets had placed on his Jackson Hole appearance, the ensuing market reaction suggests Fed Chairman Ben Bernanke successfully walked the tight-rope by displaying a willingness to embark on further non-traditional policy initiatives, without prompting a material shift in expectations.
Tottenham Transfer News: Moutinho, Lloris Join Spurs While Van Der Vaart Exits?
August 31 2012 12:48 PM EDT
The Spurs make some last minutes moves at the transfer deadline.
TOTTENHAM TRANSFER NEWS: Lloris, Afellay, Moutinho, Dzagoev and Willian Involved in Recent Speculation
August 29 2012 1:37 PM EDT
Spurs may send Rafael van der Vaart to the Bundesliga, according to reports.
Liverpool Transfer News: Sturridge, Dempsey, Van Wolfswinkel and Vargas Discussed in Latest Speculation
August 28 2012 2:19 PM EDT
Liverpool look set to be one of the more active clubs in the final days of the transfer window.
Seven Days That Will Decide Euro Zone Fate: Next Fortnight Is Critical
August 28 2012 1:51 PM EDT
Seven key events in the next fortnight that will determine whether the now-four-year-old euro zone crisis results in Greece and perhaps also Spain leaving and even whether the monetary union will survive. Here is a list of the seven critical dates with their corresponding events.
Gold Headed to $1770
August 28 2012 5:03 AM EDT
A few weeks ago I wrote that the short-term outlook in Gold was Bullish, in the meantime, the public has been Bearish Gold all year and lots of "dumb money" started to exit the market. It is this combination of factors that lead me to a firm Bullish mode into the end of the Summer.
Jackson Hole, Bernanke And Draghi: Economic Events for Aug. 27-31
August 27 2012 3:02 PM EDT
The biggest event this week is Friday's Jackson Hole meeting. While this week's economic calendar is rather packed, Wall Street seems to care more about Federal Reserve Chairman Ben Bernanke's speech at the Kansas City Fed's annual economic symposium.
EuroCrisis and China
August 27 2012 4:41 AM EDT
Since the beginning of 2012, China's exports to the European Union (EU) have shown a significant downward trend. Experts said both EU and China are responsible for the downward trend, but the former has much influence than the latter. The Spillover Effect of the debt crisis in Europe is increasingly apparent.