Alot of people from Europe, particularly in Belgium were very anxious with the new austerity moves that the European Union government is implementing. The citizens fear that this will slowly worsen the economy of the country. Thousands of people from Brussels, nay, tens of thousands had a strike march along the streets of Brussels to [...]

The price of gold reduced to $1,225 per ounce last Thursday in Europe. This is largely due to the rise of Euro against the dollar, implying that many consider that it’s highly risky to have a strong appetite for assets at the expense of bullion. The State Administration of Foreign Exchange, or SAFE, located in [...]

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 [...]

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 [...]

Economists predicted that unemployment in Germany will fall, and they were right. However, they were wrong about how much unemployment would fall, and it was a little better than they predicted. Unemployment is reduced to more than two times as predicted in May and that really helped Germany’s recuperation. Unemployment reduced by 45,000 people, far [...]