Jun 30, 2011 4:05 PM ET
U.S. stocks closed higher on the last day of the second quarter. The day also marks the end of second round of easy monetary policy that lasted seven months. The controversial QE2 program lifted stocks by 26%, gold by 22% and the dollar declined 10%. For the year the S&P 500 index gained 4.9%.
Jun 30, 2011 9:57 AM ET
Euro area inflation remained flat at 2.7% in June. German jobless rate declined in June. French producer prices rose less than estimated in May. Hungary surplus improved and Denmark GDP contracted in the first quarter.
Jun 30, 2011 7:37 AM ET
The European indexes extended gains after the Greek parliament approved the austerity measures. AkzoNobel planned to acquire Schramm Holding for €142 million. Barclays agreed to sell private equity fund interests worth €520 million to AXA Private Equity.
Jun 29, 2011 5:33 PM ET
U.S. indexes extended gains for the third day in a row as investors looked beyond Greek austerity vote. The euro gained and crude oil and metals advanced. Visa and MasterCard surged after the latest Fed proposal showed higher fees that retailers pay for debit card transactions.
Jun 29, 2011 8:27 AM ET
Euro area retail sales and sentiment fell in June. French GDP growth revised down in the first quarter. Spanish retail sales declined in May. Hungarian jobless rate declined in the three month period to May. Romania''s central bank held key rate at 6.25%.
Jun 29, 2011 3:43 PM ET
The European indexes traded higher ahead of austerity vote in the Greece. The EU officials stepped up media campaign in the support of austerity measures. Euro-zone economic sentiment index fell to 105.1 in June. Philips agreed to acquire Indal. Japan-based Kyocera agreed to buy Unimerco.
Jun 28, 2011 6:25 PM ET
U.S. indexes turned positive ahead of closely watched Greek vote tomorrow. The Dow, Nasdaq and S&P 500 indexes added more than 1%. The euro gained. Crude oil and commodities advanced. The IMF appointed French Finance Minister Christine Lagarde as the next managing director.
Jun 28, 2011 8:11 AM ET
European commercial vehicle sales improved and Swedish retail sales dropped in May. German consumer confidence set to strengthen in July. Italy''s producer prices rose and Swiss consumption indicator increased in May.
Jun 28, 2011 7:54 AM ET
The European indexes declined ahead of the austerity measures vote in Greek parliament. Greek unions call for a two-day strike. Carrefour received offer from Brazil-based Gama to form a strategic partnership.
Jun 27, 2011 8:37 AM ET
Foreign direct investment in the European Union plunged 75% to €54 billion. Romania jobless rate rose in the first quarter. Finnish retail sales increased and Sweden trade surplus improved in May.