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The euro crisis

Thu, 23 May 2013 16:43:20 GMT

The euro crisis
The Economist - 10 hours ago

The euro-zone economy has just endured a sixth successive quarter of shrinking GDP. The malaise is spreading to core countries including Finland and the Netherlands, which both contracted in the first quarter.

Draghi says euro zone more stable, "needs a more European UK" - Reuters UK
Euro Banknotes Designed to Foil Counterfeiters Also Defeat Vending Machines - Businessweek

Euro Advances Versus Yen Before German Data as Stocks Rebound

Thu, 23 May 2013 23:55:27 GMT

Euro Advances Versus Yen Before German Data as Stocks Rebound
Bloomberg - 3 hours ago

“I expect the euro to go higher in the near term,” said Kengo Suzuki, the chief currency strategist at Mizuho Securities Co.

Euro hits 3-1/2 yr high versus yen, rallies against Swiss franc - Reuters
Yen Jumps Most in Five Weeks Versus Euro on China, U.S. Concern - San Francisco Chronicle

Euro-Area Services, Factory Gauge Rises More Than Estimated

Thu, 23 May 2013 08:25:32 GMT

Euro-Area Services, Factory Gauge Rises More Than Estimated
Bloomberg - 19 hours ago

A euro-area services and factory output gauge increased more than economists forecast in May, adding to signs the currency bloc is starting to emerge from its record-long recession.

Euro-Zone Business Activity Falls Again - Wall Street Journal
Euro Zone Private Sector Activity Contracted In May While The UK Reported Flat ... - International Business Times

Dollar, euro slump versus yen on stock losses, China data

Thu, 23 May 2013 03:51:51 GMT

Dollar, euro slump versus yen on stock losses, China data
Reuters - 23 hours ago

The yen also rallied versus the euro and other currencies, further buoyed by a jump in 10-year Japanese government bonds yields, to 1.000 percent, the highest in a year.

Euro stocks slump in wake of Tokyo plunge - The Australian
FOREX-Yen rallies sharply against dollar, euro after China data - Reuters UK

ECB can't solve euro zone crisis alone: Weidmann

Thu, 23 May 2013 19:11:39 GMT

ECB can't solve euro zone crisis alone: Weidmann
Reuters - 8 hours ago

PARIS (Reuters) - Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools. Speaking in ...

ECB needs solid euro zone public finances to do its job - Weidmann - 4-traders (press release)

Euro Tuner Cars Rally For Cheesesteaks

Thu, 23 May 2013 20:10:37 GMT

Euro Tuner Cars Rally For Cheesesteaks
New York Times (blog) - 7 hours ago

Behind the wheel was Andrew Pollock, 26, an engineer from New Jersey, who had allowed me to be his co-pilot for the fourth annual Euro Philly Cheesesteak Run, a road rally that culminated at Tony Luke's Cheesesteaks in South Philadelphia. The 40-mile ...

In trying to defend Sergio Garcia's racial remark, Euro Tour CEO drops a ...

Thu, 23 May 2013 20:14:28 GMT

In trying to defend Sergio Garcia's racial remark, Euro Tour CEO drops a ...
Yahoo! Sports (blog) - 7 hours ago

In trying to defend, or at least rationalize, Sergio Garcia's "fried chicken" shot at Tiger Woods, European Tour CEO George O'Grady took to the airwaves of Sky Sports.

Euro Tour CEO Refers to Sergio Garcia's Friends As 'Colored' - CBS2 Chicago
Euro Tour boss says Sergio has many 'colored' friends - Golf.com (blog)

FOREX-Yen climbs against dollar, euro as stocks slide

Thu, 23 May 2013 12:11:58 GMT

FOREX-Yen climbs against dollar, euro as stocks slide
Reuters - 15 hours ago

Yen rises versus dollar, euro as Nikkei tumbles. * Worries Fed may taper QE, weak China PMI hit stocks. * Euro helped somewhat by PMI data, still vulnerable.

Lessons for Euro From Two Revolutions

Thu, 23 May 2013 19:38:27 GMT

Lessons for Euro From Two Revolutions
Wall Street Journal - 7 hours ago

The euro crisis is a story of a breakdown in the mechanisms meant to manage national relations within the currency union. Its future hangs on how—and whether—these broken mechanisms can be refashioned.

Euro Tour CEO apologizes for saying 'colored'

Thu, 23 May 2013 17:10:17 GMT

Euro Tour CEO apologizes for saying 'colored'
Yahoo! Sports - 10 hours ago

VIRGINIA WATER, England (AP) -- The head of the European golf tour apologized for using the term ''colored'' during a live television interview Thursday in which he was reacting to the spat between Tiger Woods and Sergio Garcia.