Search Results for: Greek economy
Europe Stocks Gain as Retailers Rise, U.K. Prices Miss Forecasts
January 13th, 2015
European stocks advanced for a second day, as retailers climbed and data showed U.K. inflation fell to the lowest level in 15 years. The Stoxx Europe 600 Index added 1.1 percent to 343.74 at 12:02 p.m. in London, extending ...
Euro hovers near 9-yr lows, undermined by ECB QE bets
January 8th, 2015
The euro extended losses into a sixth straight day to trade near a nine-year low on Thursday, as investors bet the European Central Bank was getting closer to adopting quantitative easing to ward off deflation. A slump in German ...
Euro hits fresh low before inflation trial, bonds boom
January 7th, 2015
The euro hit a nine-year trough today as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs reached all-time lows as oil fell 10 percent in just ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
Dollar Gains Fifth Day Versus Yen Before GDP as Aussie Weakens
December 23rd, 2014
The dollar rose for a fifth day against the yen before U.S. reports that analysts said will show economic growth was revised higher and durable goods orders increased. A gauge of the greenback climbed to a five-year high after ...
Crashing crude may blow a $1.6 trillion hole in the global oil sector, annually
December 15th, 2014
Talk about an oil spill. The spectacular unhinging of crude oil prices over the past six months is weighing mightily on the U.S. stock market. And while it may be too early to abandon all hope that the market ...
European shares extend sell-off as energy stocks suffer
December 12th, 2014
European shares slid on Friday, with further declines in the price of oil hitting energy stocks, while political concerns over Greece also pegged back equities. The pan-European FTSEurofirst 300 index fell 1.1 percent to 1,342.24 points, while the euro ...
Oikonomia, Revisited
October 31st, 2014
My knowledge of ancient Greek is not significantly different from zero, but every student of economics at some point runs into oikonomia, the root word from which economy and economics were later derived. For example, in describing the etymology ...
Before a Bailout, E.C.B. minutes showed doubts over keeping a Cyprus Bank afloat
October 20th, 2014
As the Cypriot economy reeled from the collapse of its second-largest bank in 2013, the European Central Bank faced a thorny question: Should it keep the institution, Cyprus Popular Bank, alive with short-term loans or pull the plug? By ...
Asia stocks halt selling as U.S. data calm investor nerves
October 17th, 2014
Asian stocks clawed back some of this week’s losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI’s broadest index ...
