The more urgent issue is what to do with a $45 billion-a-month program known as Operation Twist, in which the central bank is buying long-term Treasury securities and funding the purchases with sales.
Posted in Fundamental Updates Tagged Crisis, Debt, Debt Ceiling, Economy, Eurozone, Forex News, Leading Indicator, Macroeconomic Trends
Eurozone finance ministers will make another attempt on Monday … to settle differences over debt relief measures for Athens and give a green light to disburse up to €44bn of aid. more funds to Gree
Posted in Financial News Tagged Forex News, Leading Indicator, Macroeconomic Trends, Non-Farm Payroll
Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent. Employment rose in professional and business services, health c…
Posted in Financial News Tagged Economy, Eurozone, Forex News
UK house prices increased by 0.6% in October, more than offsetting the 0.4% decline recorded the previous month. Monthly price changes have failed to establish a strong trend in either direction ov…