Finance Roundtable

Will US Treasury secretary Hank Paulson beg for a delay in the inevitable series of rate hikes the Euro will see in the next two years?
Paulson has started out on a trip to Frankfurt in order to have a cup of tea with ECB president Jean-Claude Trichet and ...

The Oesterreichische Nationalbank (OeNB) has elected a new interimistic governor who will participate in the meetings of the European Central Bank (ECB) from September 1. The 64 years old Professor Ewald Nowotny will ...

Is this a bad omen for the future of the Eurozone's artificial currency? According to a report of the Austrian TV station ORF the European Central Bank has delayed the construction of its planned 185 metres high twin leaning towers. ORF said that the ECB surprised with an announcement ...

Don't get too excited about the next statement of the Federal Open Market Committee (FOMC) that will rattle markets a short while after publication before the investment community will remember that any improvement in the real economy has not been in the cards since the April statement. Fed chairman ...

Conflicting inflation indicators peppered with a breakdown in Eurozone retail sales will probably tilt the governing council of the European Central Bank (ECB) to vote for an unchanged leading overnight interest rate, standing at 4% since June 17, 2007.
ECB president Jean-Claude Trichet will be happy to announce ...

The Federal Open Market Committee's (FOMC) widely expected move to cut the Fed Funds rate by 25 basis points to 2% fails to instill confidence. Citing both the sagging economy and a highly uncertain inflation outlook the FOMC favored in an 8-2 split vote to try and stimulate the economy ...

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Fed chairman Ben Bernanke may be a bit unfocused at the runnning 2-day FOMC meeting. The Wall Street Journal, for the first 95 years a staunch supporter of every Fed move, walks him to the gang plank. After being equalled to an alcoholic desiring ever ...

It gets difficult these days to keep a check on all the crises in the world. Roller coasting financial markets mirror the nervousness that seems to have taken a solid global grip. Soaking up news stories can become overwhelming and depressing. Every new day brings a barrage of by now ...

Gold prices correctly shrugged off the announcement of the International Monetary Fund (IMF) that wants to sell 403.3 tons of gold, worth some $11 billion, to cover annual losses of $400 million. While this transaction appears arithmetically strange from the outset, the idea is not exactly new. Like the ...

So what are Apple's revenues from its overseas iPhone sales? German mobile phone service provider Deutsche Telekom has slashed prices for iPhones by as much as 75%, giving away the 8GB model for €99 instead of €399. According to a report by German daily Frankfurter Allgemeine Zeitung (FAZ) this ...