LONDON (AP) — European stock markets edged up on Thursday, recovering from heavy losses the day before, as investors had expected the continent's leaders to fail to reach a breakthrough in their crisis resolution efforts. (full story)
BRUSSELS (AP) — European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as the potential for a messy Greek exit from the euro appears to be rising. Some leaders stressed the importance of planning for just such an event but offered no measures that might help Greece avoid it. (full story)
Matthew Bradbard - RCM Asset Management - Wed May 23, 6:08PM CDT
Softs: Cocoa has given up over 6% in the last three sessions reaching my downside objective today. The inverse relationship to the dollar will exist but the easy money has been made on shorts. Once sugar broke 20 I see no support unit 15 cents. That does not mean we will see 15 cents but... (full story)
NEW YORK (AP) — The euro plunged to its lowest level in nearly two years Wednesday as investors fretted that European leaders won't be able to prevent Greece from making a messy exit from the region's shared currency. (full story)
LONDON (AP) — Stock markets were hit hard and the euro skidded down to near 22-month lows against the dollar Wednesday as investors grew increasingly skeptical that European Union leaders will be able to cobble together a plan to kick-start the region's faltering economy and deal with its crippling debt. (full story)
The Daily Market Update provides some insight into the significant fundamental and technical developments from the previous and overnight sessions and how they could effect the current session's market action. (full story)
BRUSSELS (AP) — European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as the potential for a messy Greek exit from the euro appears to be rising. Some leaders stressed the importance of planning for just such an event but offered no measures that might help Greece avoid it. (full story)
Jonathan Millet - ForexMinute - Wed May 23, 4:33AM CDT
Crude oil is the commodity to watch, as its slump continues. The dollar is trading higher, while the euro is under much downward pressure. (full story)
BANGKOK (AP) — Asian stock markets faltered Thursday as the lack of a breakthrough in Europe's attempts to shake off its debt crisis kept sentiment gloomy. (full story)