US Existing Home Sales, Jerome Powell’s speech, US Durable Goods Orders, German Ifo Business Climate, US Final GDP, US Unemployment Claims are the highlights of this week. Here is an outlook on the main market movers coming our way. Last week U.S. Federal Reserve two-day policy meeting concluded with a decision to maintain current monetary policy. However, Fed Chair Yellen stated the Federal Reserve may increase rates by as much as 2% until ...
(Reuters) - Vesa Vihavainen is worried. Merivaara, his Finnish-based hospital bed-making business, is struggling - just like the economy that Finns once held up to debt-laden Greeks as a model of what national thrift can achieve. Weak sales mean Merivaara has had to lay off staff as Finland fails to find an exit from a two-year recession. That spiral of lost jobs and income is also wrecking the country's cherished reputation for sound public finances. Finland's school-masterly ...
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