eurozoneeconomy
ECB Leaves Rates Unchanged; Markets Await Word from Trichet
8:02AM 12/02/2010
The European Central Bank left interest rates unchanged for a 20th straight month.
Officials at the ECB in Frankfurt left the benchmark lending rate unchanged at 1%, Bloomberg News reported. The move was widely forecast by analyst and economists.
Attention now shifts to a scheduled news...
Eurozone GDP Growth Slows as Austerity Takes Its Toll
9:02AM 11/12/2010
Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set its monetary policy.
The Swiss franc has been a top currency over the past six months, outpacing the dollar by 8.9% and the euro by 7.8%, thanks to shaky conditions in Europe. But some signs suggest the Swiss currency is due for a correction.
Beyond Europe's debt crisis and difficulties with the euro, the region's underlying economy -- which has been much less involved with financial gimmicks than its American counterpart -- tends to be more stable than it's generally given credit for.
Zachary Karabell on Europe, China -- and What Investors Are Missing
12:00PM 6/01/2010
Author and money manager Zachary Karabell thinks Lehman Brothers' collapse in 2008 has made investors overly cautious. And he sees bonds as riskier than stocks right now. (With video.)
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.08 | -0.11 -1.28% | 184.54M | |
| 2.21 | +0.27 +13.66% | 107.06M | |
| 12.45 | -0.25 -1.93% | 35.97M | |
| 18.84 | -0.30 -1.54% | 33.77M |
% Gainers
| 31.71 | +7.81 +32.68% | 15.75M | |
| 89.60 | +13.21 +17.29% | 10.41M | |
| 2.21 | +0.27 +13.66% | 107.06M | |
| 10.55 | +1.15 +12.23% | 2.78M |
% Losers
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