With the elections in France dominating the news right now, many are asking, "What is the date of the French election?"
The question comes amid concerns of a French exit of the EU and abandoning the euro due to two of the top four candidates wanting a "Frexit."
With the elections in France dominating the news right now, many are asking, "What is the date of the French election?"
The question comes amid concerns of a French exit of the EU and abandoning the euro due to two of the top four candidates wanting a "Frexit."
Here's everything you need to know before Sunday...
Greece is on track to run out of money in two weeks.
Unless officials can alter its current burn rate, the Mediterranean country will hit a cash wall on April 8, according to German newspaper Frankfurter Allgemeine Sonntagszeitung.
Exactly how much does Greece owe?
The country is 323 billion euros in debt ($352.7 billion) - more than 175% of its GDP.
These four charts help to put that number into perspective...
The march to euro-dollar parity continued today (Wednesday) as the currency slipped below $1.06 for the first time since 2003.
In January, our 2015 euro forecast saw euro-dollar parity happening sometime in the first half of 2016.
It's fallen 12.6% in 2015. And it's still got a ways to go...
When the Swiss National Bank de-pegged from the euro last month, the fallout was massive.
One dramatic example of its impact was that felt by Miami-based hedge fund manager Everest Capital. The firm's largest single fund lost nearly all its capital, $830 million in assets, thanks to heavy bets that the Swiss franc would decline.
Alpari U.K., a foreign exchange broker, became insolvent. New York's FXCM, an online foreign exchange trading firm, got a $300 million lifeline from Leucadia.
But just like the subprime mortgage debacle in the United States, small retail investors are caught in the crosshairs too.
Last week, the European Central Bank's turn finally came to announce large scale quantitative easing.
As the continent witnesses a battle between deflation and attempts at inflation, will it finally be enough?
Europe is following in the footsteps of the United States, hoping for similar "successful" results.
Instead, it's likely to fall somewhere between the U.S. and Japan.
From the Land of the Rising Sun there is precedent, but it's a forewarning.
Gold doesn't have many allies at this point. But one accidental ally is the Eurozone's financial crisis.
Troubles in Europe spell opportunity for gold stocks and bullion. And there's plenty of trouble in Europe.
See where smart investors are already making big gains on the rising volatility...
To continue reading, please click here...
To see what commodities and other sectors are hinting at for 2011, read on...
