Lower durable goods orders in the US

Durable goods orders fell 0.1% monthly and rose 10.1% annual in August to $201.8 billion, according to the latest data from the US Census Bureau. The market was expecting a ...

London close: Stocks dive in late trading

Stocks gave up an earlier rally to finish firmly in the red amid continued nervousness ahead of an audit of Greece's finances. There is speculation that some countries in the Eurozone ...

Finland approves changes to the European rescue fund

Following weeks of foot-dragging over its part in the Greek bailout, the Finnish Parliament has approved changes to the European Financial Stability Fund (EFSF) that are intended to make the ...

New European legislation on economic governance passed

The European Parliament approved a legislative package today to strengthen EU economic governance to prevent future debt crises. These rules consolidate the supervisory role of the European Commission in order to ...

ALERT: Finnish parliament approves changes to EFSF

Finnish parliament approves changes to EFSF. More to follow ... AB

EU presses forward with financial transaction tax

The European Commission has said it plans to introduce a financial transaction tax on all EU member states. The levy - nicknamed the 'Robin Hood' tax by campaigners - would aim ...

UPDATE: Germany will wait for results from troika auditors in Greece

German Chancellor Angela Merkel has 'suggested' that some of the terms of Greece´s bail-out package could be renegotiated, according to some market reports this morning. The above on the eve of ...

FX round-up: Euro advances on Europe hopes

The euro perked up against the dollar on Tuesday on growing confidence that euro zone officials are hatching plans to tackle the debt crisis. Market onlookers are now widely expecting officials ...

London open: Stocks ease after surge

Shares have fallen back a little in early dealings, unsurprisingly given yesterday's surge. Hedge fund manager Man Group took investors by surprise though and the shares are sharply lower. It said ...

Miles latest MPC member to contemplate more QE

Bank of England policymaker David Miles has indicated he is closer to voting for a further round of quantitative easing (QE). Miles told the Times newspaper that the Bank's Monetary Policy ...
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