Author: Alon Levitan

A lack of economic data points has not stopped the Euro’s recent rise, as the higher-risk currency was recently trading at 1.2823 against the U.S. Dollar, a gain of more than 1.31%. Investor optimism, although a temporary...

China reported fourth quarter GDP rose 8.9% from a year earlier. The data beat most analyst expectations of a print of 8.6%. While the data was better than analyst expectations, the results fell short of the GDP growth...

Following Standard & Poor’s downgrade en masse of the Eurozone’s more vulnerable and fiscally-troubled states, a new announcement from S&P confirms investors and analysts’ fears: the Eurozone’s...

Australia reported that home loan approvals rose in November as the Reserve Bank of Australia delivered its first rate cut in 2011. Loans for houses and apartments rose 1.4%, beating analyst expectations of a 1% growth. First...

A Spanish bond auction exceeded expectations with over double its target amount of bonds selling to investors on Thursday. Spain was able to raise EUR10 billion ($12.7 billion) from the sale, although it originally hoped to sell...

As was noted in a previous post, a similar analysis can be done with the eToro data, where the distribution of “closing ratio” was presented, and demonstrated the tendency of traders to close out their position at a...

Earlier, the Bank of England announced that it would leave its key lending rate unchanged at 0.5%, as economists had widely predicted. The press release also noted that the Bank’s asset purchasing program would be...

China reported that inflation eased in the month of December. Consumer prices rose 4.1% in December on an annual basis. This was slightly lower than the 4.2% increase in November on an annual basis. While food prices have risen...

According to George Osborne, the U.K. Finance Minister, there are plenty of reasons to be optimistic about the economic outlook in 2012, despite the growing threat of stagnation brought about by its Eurozone neighbor. In a...

Wall Street took a tumble today as J.P. Morgan posted 23% drop in fourth quarter earnings as revenues shrank. Investor look at J.P. Morgan to set the tone for the rest of financials as it is the first major bank to post...