Reuters
June 7 - Debt agency sets amount of 6-month T-bills to be auctioned June 14. -- June 24 - Summit ofEU heads of state and government in Brussels. -- Ireland has drawn down a third of the 67.5 billioneuros in loans from the EU and the IMF. ...
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Greece to Get Next Aid Installment as Euro-Zone Officials Plan New Bailout
Bloomberg
With the review complete, EU leaders will now focus on wrapping up a new bailout package to prevent the euro area's first sovereign default. A year after the rescue that aimed to stop the spread of thedebt crisis, Greece remains mired in recession, ...
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The Euro's PIG-Headed Masters
CNN (blog)
But by stubbornly arguing that that these countries are facing a liquidity crisis, rather than a solvency problem, euro officials are putting entire system at risk. Major eurozone economies like Spain and Italy have huge debt problems of their own, ...
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Trichet's Dream of a European Finance Ministry
Spiegel Online
Without further integration of budgetary policy among countries belonging to the currency union, they said, the euro was doomed. The ongoing European debt crisiswould appear to have lent credence to the naysayers -- and on Thursday, European Central ...
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Spiegel Online
The eurozone needs a Plan B, as 'quarantining' the weak is too costly
Telegraph.co.uk
Will politics continue to dominate the economics in the eurozone's response to the peripheral debt crisis? Or will the economics come to dominate the politics? Greece is promising yet more fiscal tightening despite evidence this is self-defeating as ...
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Telegraph.co.uk
Gold drops on Euro debt concerns
Commodity Online
Gold fell yesterday, after good US nonfarm productivity along with fading Euro Zone debt crisisconcerns, kept investors away from the metal. However it could not sustain despite of weaker jobless data. However, on anticipation ahead of reports today ...
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CANADA FX DEBT-C$ flat as Greece news offsets US data worries
Reuters
Senior euro zone officials have agreed in principle on a new financial aid plan for Greece that will give it more time to try to resolve its debt crisis, a source close to the talks told Reuters. [ID:nLDE7510VR] Earlier, data showed the number of ...
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Europe Factors-Shares set to rise, US payrolls eyed
Reuters
Traders are also likely to keep an eye on developments in Greece, after a source said senior euro zone officials have agreed in principle on a new bailout package for the highly indebted country which will give it more time to resolve its debt crisis. ...
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It's Ugly Out There!
FXstreet.com
The debt crisis in the Euro zone, the unstable situation in the Arab countries, and Japan still dealing with the nuclear crisis as a result of the natural disaster all have the potential to add fuel to the fire. In the Euro zone, they are preparing for ...
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Morning Briefing: Czech Retail Data on Tap, Core Events Eyed
Wall Street Journal (blog)
By Marcin Sobczyk Central European markets will largely be driven Friday by developments on core markets, especially efforts to ease the debt crisis in Greece and on US labor market data. The Czech Republic is expected to report that retail sales ...
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Barchart Morning Call
Inside Futures
Bullish factors included (1) reduced concerns over the European debt crisis after German Chancellor Merkel said the European Union remains committed to the euro and the outlook for German growth is "very positive," and (2) a rally in for-profit ...
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GLOBAL MARKETS: European Stocks Tread Water; Greece, Payrolls Key
Wall Street Journal
Greece approaches another critical juncture in its debt crisis Friday as the European Union and the International Monetary Fund conclude their review of Greek budget accounting. The "troika" of EU, IMF and European Central Bank officials is expected ...
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Euro Falls Despite Strong Services PMI Data
Benzinga
Stronger performance by Spain's service sector might persuade some investors that the Spanish economy is able to withstand the crisis without any bailout. The euro is trading lower against other major currencies in today's early trading, however. ...
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Dr. Peter Morici: Lessons from the Eurozone for the United States
FinFacts Ireland
Substantial spending cuts or higher taxes would suffocate the economic recovery, and a second credit crisis and deeper recession would likely cause chaos for China's exporters and banks. Hence, Beijing continues to print yuan to buy dollars, ...
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FinFacts Ireland
Gold May Decline as Near-Record Prices Spur Sales by Investors
San Francisco Chronicle
Concern about faster inflation, Europe's debt crisis, a weakening dollar and fighting in Libya boosted gold to a record $1577.57 on May 2. Prices are up 7.8 percent in 2011 after climbing the past 10 years, the longest run of gains in at least nine ...
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Plenty of potential for payrolls to disappoint
FX-MM
Notwithstanding the pervasive gloom regarding Europe's sovereign debt crisis, the common currency has barely lost any ground against most other major currencies in the current quarter. More buying by those determined sovereign wealth funds has ...
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Nervousness sets in
FX-MM
Equities on the whole still look good value and are yielding some decent returns, yields that continue to rise, but downward trending economic data and a never ending debt crisis in Europe are hampering progress for the market. ...
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Five Misconceptions Squashed - The Absolute Return Letter June 2011
Stockopedia
Anyway, the point I wish to make is that the sovereign debt crisis is one which needs to be taken seriously well beyond the borders of the eurozone. If Greece goes down, the euro is toast: Not necessarily! Staying on the subject of sovereign ...
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Stockopedia
Greek bail-out progression aids euro
Financial Times
His future remained uncertain, however, as he promised to step down at a later, unspecified, date after overcoming the Fukushima nuclear crisis. Japan's Nikkei 225 fell 0.7 per cent with oil and gas and financials the biggest fallers. ...
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Friday Newspaper Review - Irish Business News and International Stories ...
FinFacts Ireland
The Irish Times reports that Greek premier George Papandreou is coming under pressure within his own party over the next phase of the country's EU-IMF bailout, a development that threatens to derail efforts to settle its debt crisis this month. ...
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FinFacts Ireland
IBD'S TOP 10
FireEngineering.com
Obama and Congress don't reach a deal to raise the debt ceiling soon. Moody's cited a "very small, but rising risk" the US will default. Obama discussed the debt crisis with House Dems, a day after House GOP members pressed him to issue his own deficit ...
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GETTING PERSONAL: Bond Star Hasenstab Finds Opportunity Abroad
Wall Street Journal
Hasenstab doesn't expect a dollar crisis but said we "may have seen the end of the era where it's the only reserve currency." The euro will strengthen if euro-zone policymakers make the right calls, and over time the yuan will become a global reserve ...
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Daily Market Outlook
FXstreet.com
... aid process and indicates Europe should consider strengthening central control economic policy if efforts to deal with its debt crisis do not deliver results'. Spain's treasury sold 2.753 and 1.200 billioneuros of 2014 and 2015 bond respectively. ...
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Fairfax Market Report including Greek Prime Minister is expected to put a plan ...
Proactive Investors UK
Additionally he stated that there was “ No crisis of the euro” Germany – The engine room of Europecontinues to outperform the rest of the Eurozone. PMI services increased last month beating expectations according to figures out this morning. ...
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EUROPEAN OPENING NEWS INCLUDING: Greek PM Papandreou is expected to provide ...
Proactive Investors UK
Belgian finance minister Reynders said he is not against maturity extension for Greek EU loans, however he ruled out Greek restructuring, and said EUR exit is absurd. He also said that EU is in process of limiting crisis to three countries. ...
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Morning Silver Market Report
NASDAQ
... facing a potential debt crisis. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) While equity markets in Asia and Europe were mixed during the overnight session, early indications are that US equity markets would open with moderate losses this morning. ...
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Another week of downbeat data suggesting deadbeat prospects for many
FXstreet.com
Economists and commentators are discussing 'post financial crisis monetary and fiscal policy' – what they don't seem to realise is that the crisis is not over at all, in fact it's about to get worse. Bank of Italy governor Mario Draghi gave his last ...
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When Big Ideas Die
National Journal
A developing deal to pay down Greece's enormous debt without restructuring it will only put off, yet again, the reckoning. The essential problem is that, politically, the Europeans can't permit the euro zone to fail, and yet, according to the rules of ...
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Developing Countries Ready to break down in the IMF's European Domination
Business Area
Carstens said the euro zone countries facing financial crisis must adopt credible programs to deal with crises that could be supported by the EU and the IMF. Carstens self nomination to face opposition from European countries, because many who want to ...
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European Stocks Seen Little Changed Ahead Of Payroll Report
RTT News
... eurozone blue chippers, the Stoxx Europe 50 index, the German DAX , France's CAC 40 and the UK's FTSE 100 fell between 1.3 percent and 2.0 percent on Thursday, as concerns about the US economy and Greece's sovereign debt crisis continued to rattle ...
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BNZ Foreign Currency Reports
Voxy
The twists and turns of the Greek sovereign debt crisis, and the associated gyrations in risk appetite and the EUR, will continue to provide near-term direction for the NZD/USD. In the short-term, support is eyed on dips towards 0.8100. ...
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Voxy
Stock Futures Lower Ahead of Jobs Report. Stocks to Watch: AAPL, BIDU, BAC ...
TradersHuddle.com
Yesterday Bank of America spun off its last large private equity fund as it complies with post-crisisfinancial reform, creating North Cove Partners with more than $6 billion under management. North Cove will manage private equity investments on behalf ...
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Newspaper Briefing, including Is US economy in need of third round of QE ...
Proactive Investors UK
China could be biggest banking market by 2026: China is on course to be the worlds biggest banking market within 15 years in a shake-up accelerated by the financial crisis, according to PricewaterhouseCoopers. It would overtake the US 20 years earlier ...
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Stocks Ended Mixed Ahead of Key Jobs Report (AAPL, APOL, BAC, BJ, C, CVX, DV ...
TradersHuddle.com
Big banks, Bank of America (NYSE:BAC), Citigroup (NYSE:C), and Wells Fargo (NYSE:WFC) fell earlier after Moody's announced the companies were placed on review for a possible downgrade due to government support returning to pre-crisis levels. ...
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International Business Times
Australia: Reassuring news out of Europe on the Greece debt crisis also helped the AUD gain a little ground towards the USD1.0700 level. Yesterday's stronger than expected Australian Retail Sales figures failed to have much of an impact on the AUD; ...
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Greek finance ministry held as loan deal nears
Bangkok Post
Papandreou is due to Luxembourg later Friday for talks with the eurozone's head policymaker Jean-Claude Trichet on Greece's economic crisis. Greek newspapers reported Friday that tortuous four-week talks with the EU, the IMF and the European Central ...
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Portugal winds up campaign, opposition edges ahead
AFP
It is the third eurozone nation to seek a bailout after Greece and Ireland last year. Socrates, 53, argues that he did everything to avoid a bailout. He blames the PSD, which had backed previous fiscal tightening, for provoking a political crisis to ...
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AFP
Gold and silver daily commentary (June 03, 2011)
Stock Markets Review
Reports indicate that Greece is willing to accept deeper austerity measures in return for additional aid from the IMF and the EU. China has started to impose tighter capital requirements for their major banks. A private survey of Euro zone ...
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Complete Euro Debt Crisis Forward Calendar | zero hedge
By Tyler Durden
June 20 - Eurogroup meeting of euro zone finance ministers and Ecofin meeting of EU finance ministers in Luxembourg; June 24 - Summit of EU heads of state and government in Brussels. IRELAND: Ireland has drawn down a third of the 67.5 ...
zero hedge - on a long enough... - http://www.zerohedge.com/fullrss2.xml
Trichet's United States of Europe? | The Great Debate UK
By Kathleen Brooks
But while this will plug short-term financing needs it is still only adding more debt to Greece's enormous debt pile and not dealing with the core problem: the financial malaise at the heart of theeuro zone that allowed Greece to get away ... This is the primary reason for developing closer fiscal and economic ties in the aftermath of the sovereign debt crisis. But a centralised Ministry of Finance could solidify Europe's powers on the world stage at the same time as the ...
The Great Debate UK - http://blogs.reuters.com/great-debate-uk/
GLOBAL MARKETS-Debt crisis hammers equities, euro | Reuters
Euro zone debt woes hit stocks, euro * European shares down 1.5 pct; ... But investors were mainly digesting a block of bad news about the euro zone crisis, ... This is more a reflection of the inability of the EU to sort out anything, ...
www.reuters.com/.../markets-global-idUSLDE74M0CD20110...
World stocks, euro slip on euro zone debt crisis (Reuters) | News ...
Reuters - World stocks fell while the euro headed toward a two-month low on Wednesday on concerns about the euro zone's spreading debt crisis and the ...
www.inthenews.eu/world-stocks-euro-slip-on-euro-zone-debt-...
FACTBOX-Coming events in euro zone debt crisis - CNBC
FACTBOX-Coming events in euro zone debt crisis. ... of euro zone finance ministers and Ecofin meeting of EU finance ministers in .... If the market overreacts favorably to any news of a Greek debt deal, here's how to trade currencies. ...
www.cnbc.com/id/43264794
Forex News – Euro Zone Debt Crisis Spread Fear in Markets, and ...
May 23, 2011 daily news – Euro Zone Debt Crisis Spread Fear in Markets, ... Drop Start the Week with a Decline as the Europe's Debt Crisis to Expand ...
www.forexcomreview.net/.../forex-news-euro-zone-debt-crisis...
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