Northern Europe is gonna do just fine because the US will have strong growth,and they will do well off that,according to Joseph McAlinden,Chief Investment Officer at Catalpa Capital.People are gonna feel wealthier and spend,which is good for the world economy.The US economy,the stock market is the buy on the gold seam right now.
French consumer confidence fell in March on the stalled economy.
US durable goods orders were up more than forecast.US home values are at their highest level since 2007.
An EU report says the employment outlook is very bleak across Europe.
UK banks must raise 38 billion dollars to make up for a capital shortfall,the Bank of England says.
London remains the world's top financial centre,says the Global Financial Centres Index.
VTB has the most exposure to Cyprus of the Russian banks,according to Standard and Poor's.The EU says the Cypriot bank tax is not a template for future bailouts.
Credit Suisse is to buy Morgan Stanley's Europe wealth management business.Erricson is in talks to buy Microsoft's IPTV business.
The euro has traded below 1.28 for the first time since November.
German plant and machine orders were unchanged in February on weak Euro-zone demand.
Credit Suisse(CS),Microsoft(MSFT),Morgan Stanley(MS),Erricson(ERIC)
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