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If Greece fails, it will be the beginning of the end of the eurozone, Greece's Prime Minister warned this morning, as he struggled to reach an agreement with creditors...
On Tuesday the Australian dollar was lower against its U.S. peer, despite upbeat business confidence data from Australia. The greenback was also broadly lower after Monday's report saying that U.S. President Barack Obama...
According to UBS, gold remains a strong safe-haven asset despite changing dynamics in the marketplace during the last 15 years...
“Everyone around the table wants Greece to say in the euro….but we have rules,” said German Chancellor Angela Merkel during the G7 Summit, noting earlier that every day counts in the race to finalise a deal with Greece...
Goldman Sachs International's Vice Chairman Michael Sherwood told CNBC on Monday that it is too early to predict how long will the selloff in governmet bonds last in the wake of "unprecedented" market volatility...
Gold prices climbed on Monday on some short covering in the futures market and some bargain hunting in the cash, says Kitco News. Prices had dropped to a 2.5-month low last Friday...
European stocks dropped on Monday with Germany's benchmark index falling 10 percent from its April peak. German bond yields rise again...
According to leading indicators released Monday by the Organization for Economic Cooperation and Development, which is based in Paris, the U.S. economy may not recover strongly from its first-quarter poor performance, while Russia's economic stagnation may be coming to an end...
On Monday the pound tumbled against the U.S. dollar, re-approaching a one-month low as demand for the greenback remained broadly supported by Friday's positive U.S. employment data...