The banking sector in Asia benefit from the regulations in the West

Increasingly central role as Asia takes a global hub for financial services may gain even more weight to the imposition of U.S. and European governments for new taxes on the profits of banks, “said Josef Ackermann, CEO of Deutsche Bank, quoted by the Wall Street Journal.
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Capital Economics: The odds of death of the euro is 50%

Economists from Capital Economics consulting firm predicted that the eurozone is likely to collapse than to survive, says CNBC.

“We came to the conclusion that the scales have tipped against the survival of the euro area in its current form,” it said in a letter to Capital Economics to clients.
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UK inflation remained above the limit of government

Prices of consumer goods and services in Britain slowed its growth pace in July, but remain above the fourth consecutive month set by the government inflation ceiling of 3 percent.
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Economic pessimism of investors in Europe is going down during the summer

Evaluation of investors in the euro area business conditions in Europe improved unexpectedly in July despite concerns about the large government deficits of several European countries and the state of the global economy.
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Euro is rising against the dollar after employment data in USA

Euro continued to become more expensive and the dollar on Friday after a new dose of negative fundamental news in the U.S. again reinforce fears that the recovery of U.S. economy is slowing.
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Euro is rising

On Thursday, the euro shot against major currencies after the euro area banking system has shown that stable and no serious difficulties with liquidity. A day after the program ended the ECB, which were distributed to 440 billion euros were allocated new six-day loans of 78 banks amounted to 111.2 billion. And this time the loans were requested significantly less than the estimated 150-200 billion.
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