Unity or …?

Spurred by doomsday scenarios for the euro zone, past two weeks demonstrated flight to safety across the markets as investors dumped risky assets in favor of the safe ones. Equities suffered and Bonds gained, while Forex participants favored USD and JPY to pretty much every other major — [Read more...]

Greece in Focus

European sovereign debt crisis is reshaping the political scene in the EU.  Last week, France elected a socialist president, whose platform included a revision of previously agreed upon fiscal austerity measures. Euro has depreciated 1.28% against the US Dollar since then. People’s discontent [Read more...]