Category: World Economy

European Economic summary for 22nd March 2012

European Economic summary for 22nd March 2012

Eurozone PMI Composite 48.7 – lower than expected. Consensus 49.6. Previous 49.3. Eurozone PMI Manufacturing 47.7 – lower than expected. Consensus 49.5. Previous 49.0. Eurozone PMI Services 48.7 – lower than expected. Consensus 49.2....

Why is crude oil going down again?

2 weeks ago when crude oil was rocketing up, many analysts came up with different explanations why crude oil would reach $140 and some said it would go till $180. That doesn’t seem possible...

Why Greek PSI deal is a credit event

Zero Hedge comes up with amazing analysis and prediction most of the time. Here is another flow diagram from them showing CDS triggers as the only possible outcome with the current Greek PSI deal....

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