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Eurozone Growth Picks Up, Investors Still Cautious
Thursday, May 14, 2015 - 2:55pm | 382Read More...Data out this week appeared to show that the European Central Bank's quantitative easing program has helped turn the region around; the eurozone economy grew at its fastest pace in almost two years during the first quarter of 2015. The gain can be attributed largely to impressive growth in France...
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Bitcoin Exempt From VAT Tax In Spain
Monday, April 27, 2015 - 10:13am | 383Read More...Last week, the Spanish tax office confirmed that bitcoin transactions will not carry a Value Added Tax (VAT) much like other goods bought and sold in the country. The decision was cheered by enthusiasts who say the law makes it easier for bitcoin-based businesses to grow and is likely to...
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ECB QE Seems To Be Working...
Monday, March 30, 2015 - 12:40pm | 418Read More...Last week, the European Central Bank released lending data which suggested that the bank's easing tactics were having a positive impact on the block's forward progress. With just one month of bond buying behind it, the bank said it's stimulus program had helped to spur on lending to...
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Greece Backs Out Of The Spotlight While Anti-Euro Sentiment Remains
Friday, February 27, 2015 - 10:27am | 350Read More...After a very public battle between Greece's new, leftist government and EU policymakers over Greece's bailout program, the two sides reached an 11th hour deal that will keep the nation's economy afloat with another installment of EU funding. The deal essentially extends Greece's...
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Uber Makes The Best Of A Ban In Spain
Monday, February 23, 2015 - 12:32pm | 363Read More...After being banned from providing its taxi service throughout Spain in December, Uber has decided to maintain its presence in the country by rolling out a food delivery service in Barcelona. Spanish officials have called on telecommunications companies to block access to Uber’s website...
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Ron Insana On The Latest Investing Lexicon: "Deflationcy"
Wednesday, January 7, 2015 - 10:01am | 1030Read More...This piece contains the opinions of Marketfy Maven Ron Insana that do not reflect the opinions of Benzinga.com. I think it's time for a new word to describe what is going on in the global economy, outside the United States. I call it "deflationcy," the complacency surrounding the...
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Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 4:39pm | 1787Read More...U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
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Eurozone Unemployment Rate Down Slightly In March
Friday, May 2, 2014 - 2:30pm | 414Read More...The eurozone's economy is showing some vitality, after several stunning years of financial setback. Eurostat, the European Union's statistics office, reports the euro area's seasonally-adjusted unemployment rate was 11.8 percent in March. That figure has remained stable for the last four months...
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3 Years After 'The Shame of it All,' Ireland Exits Bailout
Friday, December 13, 2013 - 4:57pm | 647Read More...Three years after seeing its economy in tatters and the nation facing bankruptcy, Ireland has become the first eurozone member to end its IMF/EU bailout. "This isn't the end of the road,” Michael Noonan, the Irish finance minister, told a news conference on Friday. “This is a very significant...
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Market Wrap For November 29: Early Closing Bell And End To November
Friday, November 29, 2013 - 2:29pm | 1069Read More...Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...
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Windows Phone Sales Near Double Digits In Key European Markets (MSFT)
Wednesday, October 2, 2013 - 10:35am | 570Read More...Microsoft's (NASDAQ: MSFT) Windows Phone sales share in Europe approached double digits in August, according to Kantar Worldpanel ComTech. Although Google's (NASDAQ: GOOG) Android platform was still king of the hill at 70.1 percent market share, Windows Phone’s 9.2 percent number across the...
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Benzinga Market Primer: Monday, August 5: Futures Flat On Relaxed China Fears, Emerging Market Rebound
Monday, August 5, 2013 - 6:30am | 1023Read More...Futures Flat On Relaxed China Fears, Emerging Market Rebound U.S. equity futures were flat in early pre-market trade as services data out of China showed that the economy continued to chug along at low levels in July. Also, easing fears over imminent Federal Reserve tapering led to rebounds in...
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Spanish Unemployment Drops In Second Quarter For First Time In Two Years
Thursday, July 25, 2013 - 11:33am | 469Read More...Spain's economy may finally be on the up-swing after years of contraction marked by a financial crisis created from a massive housing and credit bubble. However, more good news came for the Spanish economy Thursday as the government announced that the unemployment rate declined for the first time...
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Service PMI Round-Up: China, Eurozone Disappoint as Britain Improves
Wednesday, July 3, 2013 - 11:12am | 499Read More...Global service PMIs were released overnight with weakness in China and the eurozone weighing on markets around the world. A slower pace of expansion in China's service sector increased fears of a China hard landing while a weaker than expected reading in the eurozone coupled with a flare up of...
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Welcome Back to the European Debt Crisis
Wednesday, July 3, 2013 - 10:59am | 850Read More...Greece's government is failing to make the cuts to get its next bailout payment. A key Italian politician faces jail time for having sex with and refusing to pay an underage prostitute. Portugal's government is on the verge of collapsing, risking the sustainability of its bailout reforms. And...
















