While the worst of Eurozone debt crisis seems to have past, Euro is further boosted by China Premier Wen Jaibao’s comment that Europe is a major market for China to invest its foreign-exchange reserves. In additional. China and Germany Signed 10 agreements that worth at least $4.4b in Beijing to

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Mid-Day Report: EUR/USD Breaks 1.3 on China, USD/JPY Makes New 2010 Low

According to Bloomberg data, when the Fed last imposed a ceiling on the fed funds rate at 0.25% in December 2008, two-year government paper reached a record low yield of 0.6044%.

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Double-Whammy from NY Conference Board Sinks Recovery Hopes

Economic growth in Japan rose in the first three months of the year as consumer spending and housing investment inclined, following an expansion during a previous quarter which confirms that the Japanese economy is on the right track to recovery from the worst recession since WWII.

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Economic Growth In Japan Accelerated To 1. …