Author: Alon Levitan

David Cameron continues to insist that the U.K.’s decision to veto the E.U. treaty amendment was the right thing to do, but the repercussions from a failing Eurozone continue to reverberate. According to Moody’s...

Traders had been anxiously awaiting news of today’s ECB offering of 3-year loans, and the ECB has now confirmed that the response was far greater than they had foreseen or that analysts had predicted. For the first time...

The Reserve Bank of Australia minutes released today shed further light on the economic impact of the global economic slowdown on the Australian economy. The RBA lowered interest rates by 25 basis points to 4.25% on December...

The Bank of Japan is expected to announce its interest rate decision at its meeting scheduled for Wednesday December 21st. The BOJ is expected to keep rates on hold near zero. Markets are waiting to see if the BOJ will increase...

As ECB head Mario Draghi prepares to address the European Parliament’s Economic and Monetary Affairs Committee later this afternoon, he has already made the media circuit and provided a hint of what is to be expected. For...

Consumer sentiment declined in New Zealand according to a survey done by Westpac Bank. The survey respondents blamed conditions on Europe that would lead to slow growth in major economies and create a credit crunch. The index...

Consumer prices as measured by CPI were unchanged in November. The U.S. Labor department reported that that CPI was flat in November in line with market expectations. Core CPI rose 0.2%. A drop in energy costs helped saved...

The Reserve Bank of India left its interest rates on hold and signaled to the markets a more dovish outlook. The RBI said that its monetary policy would be more accommodative of growth in 2012. The RBI held lending rate on hold...

In a recent speech, Mario Draghi, the president of the European Central Bank, has urged the Eurozone’s banking sector to ensure that new capital requirements do not trigger a credit crunch. But according to some analysts...