The cost of oil is around $71 per barrel on Tuesday. This is primarily due to the concerns regarding the euro zone crisis. This concern outweighs the optimism regarding U.S. demand. Data has shown that the crude stocks will fall for the largest user of fuel in the world. As a result, the stock markets [...]

According to Hungary’s secretary of state Mihaly Varga, the real status of Hungary’s public finances is hidden. This implies that the country needs stronger and more effective measures to reach their target of a 3.8 percent of GDP. Last Friday, the euro reached its lowest mark in four years because many were afraid of a [...]

Rallying commodities and stocks, along with the predictions that factories and jobs will get a lot of orders are indications that the United States of America is enjoying a boost in economic terms. In contrast, the yen is getting weaker. As mentioned, the economic strengthening is most apparent at the US industries incorporated more measures [...]

A downward trend has been seen on the Japanese yen following the resignation of Japanese Prime Minister Yukio Hatoyama on June 2 (Wednesday). Business analysts has been skeptical about this trend because the successor might be in a dilemma with the weaker currency in his lap. It’s been two weeks that the yen has suffered [...]