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Europe Stocks Plunge as China Equity Fall by 8.5% Overnight
– Chinese equity market experienced its biggest drop since 2007. The Stoxx Europe 600 Index dropped by 0.5 percent…
Gold is Not Glittering Anymore – in its Worst Slump Since 1996
– So much for predictions that gold would spike to $2,000 an ounce. The yellow metal is in a…
Dollar Recovers After Drop, Pound Rises on BOE
– The New Zealand Dollar climbed more than 1.3 percent (over 85 pips) versus the US Dollar. The gain came…
Tsipras Returns to Parliament for Bailout
– Tsipras Returns to Parliament in Struggle to Qualify for Bailout. Prime Minister Alexis Tsipras will return to the…
Greece Begins Paying EU and IMF as Banks Reopen…
– Greece repaid the European Central Bank the bank said, clearing a key obligation worth about €4.2bn with one…
Dollar on Top Amid Fed Focus While Gold Slumps to Lowest Level Since 2010
– Greek banks will reopen for basic services today, three weeks after they were shut to prevent their collapse, as…