Italy's economy continues to emerge slowly from its worst post-war recession as figures show that GDP grew 0.4 per cent in the quarter to June
Italian growth edges up in second quarter
Source: www.ft.com
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Bank of France business sentiment stronger than expected
Bank of France industry business sentiment index has come in at 81 in May, up from 75 in April, and better than the median forecast of 77. The Bank of France has revised up slightly it’s forecast for the Q-2, from -0.6% to 0.5%. EUR/USD is on something of a tear, presently up at 1.3920....
Tuesday Sector Laggards: Education & Training Services, General Contractors & Builders
In trading on Tuesday, education & training services shares were relative laggards, down on the day by about 3.7%. Helping drag down the...
EU Leaders Reached Agreement after Unemployment Reached All-Time High
25 out of 27 European Union leaders signed the fiscal treaty in Brussels today. The treaty aims to monitor budget discipline by imposing...
Investing in Greek and Japanese Multinational Companies
Economic conditions in Greece and Japan have scared away many investors, leading to some promising contrarian value plays. You’d think that I...
ECB and IMF now join in the chorus
Last week it was Angela Merkel and Ben Bernanke warning of the dangers of persistently low rates and easy monetary policy. Now the ECB is plotting it’s ‘exit’ strategy and the IMF sees a global economy turnaround later this year. 2-year Treasury yields have roared higher and the...