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Tag Archives: Euro Zone

Euro Zone Woes Continue

02-Sep-09

Despite reporting a smaller-than-expected second quarter economic contraction, the woes continue for the 16 countries that form the Euro Zone. The region’s unemployment rate rose to a seasonally adjusted rate of 9.5% (15.1 million people) in July. This is the worst monthly percentage figure the Euro Zone has seen in about 10 years.
Additionally, the unemployment [...]

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Overnight Market News – August 13, 2009

13-Aug-09

US Federal Reserve Announces Plans to Ease Bond-Buying Program as it Sees Economy “Leveling Out”
Euro Zone Close to Recovery as Germany and France Emerge From Recession, Each Reporting Second Quarter Growth of 0.3%
Wal-Mart Stores Inc Reports Flat Second Quarter Earnings of USD 0.88 per Share, Beating Estimates of USD 0.85 per Share
US Home Foreclosure Filings [...]

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Financial News Summary – May 29, 2009

29-May-09

- US Economy Shrinks at 5.7% Rate in First Quarter
- Euro Zone Annual Inflation Drops to Zero in May
- Time Warner to Spin Off AOL
- US Durable Goods Orders Up, Jobless Claims Down

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