Italian drama pictured in a very straightforward article By Satyajit Das Eurozone debt crisis isn’t Italy’s biggest worry The eurozone debt crisis has taken a heavy toll on Italy. The country’s economy has shrunk by around 10% since 2007, marked by a triple-dip recession. Output has regressed to levels not seen in more than a decade. Overall… Continue reading Insight: Italy´s Economy Woes
Everybody’s attention will be on Janet Yellen who talks at 1:15pm today in Harvard, wanting to gather some more clues about the Fed’s intentions and next steps, including a conceivable rate hike in June or July. What’s more, with a long holiday in both the US and UK (US security market shuts down at 2pm today),… Continue reading Markets Commentary
All Awaiting Yellen´s talk Global Markets Flat On Low Volumes, Oil Slides Markets heading into a three-day weekend in the U.S. and with a key speech from Federal Reserve Chairwoman Janet Yellen on tap. The Fed chief is due to speak at Harvard University in her first public appearance in a couple of months. Most… Continue reading Wall Street at Breakfast
G7 to double growth efforts Japan’s Abe warns of global crisis European stocks soft as oil retreats from $50 Dollar rises as world stock markets hold steady Japanese Prime Minister Shinzo Abe, talking up what he calls parallels to the global financial crisis that followed the 2008 Lehman Brothers bankruptcy, said the G7 “shares a… Continue reading Markets Update am
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