Union International says that a Greek exit from the Euro, while catastrophic for Greece, could be equally painful for the rest of Europe Union International: As the propsect of a Greek exit or “Grexit” from Europe grows with each passing day of impasse between Greece and her EU neighbors sharing the single currency, the lack […]
Union International Comments as ECB Toughens Stance On Greece
Union International: The European Central Bank will no longer accept Greek bonds as collateral for loans, raising the pressure on Greece’s banks. Union International: The European Central Bank has said it will no longer accept Greek government bonds as collateral for loans. The central bank said its decision was based on legitimate concerns that the […]
Union International: EU Members Play Hardball With Greece
Union International: Greece’s new anti-austerity government is finding the going tough in its efforts to ease the country’s debt burden. Union International: The new anti-austerity government in Greece is encountering stiff opposition from EU member nations as it tries to begin the tough task of easing the size and severity of its debt obligations. Two […]
Union International: More Evidence US Economy Slowing
Union International has reiterated its view that interest rates in the US are unlikely to be hiked this year. Union International has told clients that the likelihood of an increase in US interest rates during 2015 has decreased amid worsening economic data emerging from the world’s largest economy. “The latest consumer spending data recorded its […]
Union International: ECB QE Unleashed Euro Tanks
Union International: Mario Draghi has finally deployed the full-blown quantitative easing program investors have been calling for. Union International: After three years of playing for time and pushing conventional policy tools to the limits of their usefulness, Mario Draghi, last week, finally bowed to immense pressure and made good on his promise to do “whatever […]
Union International: ECB QE Far From Done Deal
Union International: Investors may be jumping the gun by pricing the first official round of quantitative easing from the ECB into markets. Union International: With investors seemingly convinced that European Central Bank President Mario Draghi is finally set to unleash full-blown quantitative easing imminently, some are warning that the unprecedented move is far from “a […]