Archive

Good morning. As Greek PM George Papandreou’s gamble continues to puzzle and annoy the global economy, the man has managed to win the confidence of his cabinet on the...

Good morning. The latest relief over the complex EU deal on increasing the EFSF firepower and 50 per cent write-off on Greek debts took a turn for the worst....

Good morning. The euphoria over Wednesday’s EU deal didn’t last long as the soaring yield on Italy’s bond auction proved that the market remains skeptical about the success of...

Good morning. Yesterday’s euro deal boosted market sentiments globally. Equity markets around the world gained while major currencies gained against the greenback as risk appetite improved. More positive news...

Good morning. The European leaders have managed to seal a three-tier deal on Thursday which they feel will help stabilise the European Union. The private banks and insurers have...

Good morning. There’s a lot at stake today. Or apparently that’s what the market buzz is. Some say it’s the moment of truth of Europe. Today the European Union...

Good morning. As the D-day (Wednesday) approaches, pressure on EU leaders is mounting. To make matters worse, services and manufacturing numbers from Germany, France and wider European economy showed...

Good morning. The European summit held on Sunday failed to produce any breakthrough as expected. However, there were promises of concrete action after Wednesday’s meeting. Some progress was made...

Good morning. The global markets are in a state of suspended animation, waiting for the outcome of Sunday’s summit meeting. Expectations however, have been moderated as EU leaders have...

Good morning. There has been no new development in the last 24 hours from the eurozone. Talks of increasing the lending limit of the EFSF bailout fund to insure...