Wall Street Journal
Spot gold traded only marginally lower in London after Greece's Prime Minister George Papandreousurvived a confidence vote and a trader said with the debt crisis still far from over across the euro zone, any dips are likely to continue to find buyers. ...
See all stories on this topic »Dollar Holds Steady After Euro Vote Relief, Before Fed Decision
FXstreet.com
While there are certainly a number of financial concerns around the global markets (Chinese markets stalling, European debt crisis, etc); the New Zealand dollar's yield doesn't seem to be at direct risk from any one development. ...
See all stories on this topic »Recap: Ben Bernanke's Press Conference
Wall Street Journal (blog)
Bernanke confirms that some of the concern is about 2012 (in addition to 2011), but that growth in 2013 is expected to be stronger. by Sudeep Reddy Hot issue, little insight: The FOMC did discussEurope and the Greek crisis at its meeting today. ...
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Foreign Exchange Insight : Greek Vote of Confidence Spares the EuroFor Now ... Currency News However, Greece's debt woes are not yet over, even though Eurozone Finance Ministers agreed in principal to arrange a second Greek bail-out when they convenedon Sunday. The second bail-out would be partly voluntarily financed by private investors who ... See all stories on this topic » | Currency News |
UPDATE 1-Trichet-Debt crisis warning light flashing red Reuters FRANKFURT, June 22 (Reuters) - The warning lights are flashing red on the euro zone's debt crisis, Jean-Claude Trichet, head of Europe's new super-watchdog and European Central Bank President said on Wednesday. "On a personal basis I would say it is ... See all stories on this topic » | ||
European press agonises over Greece and euro crisis BBC News But he still has to get another unpopular package of austerity measures adopted, to keep the EUbail-out money coming. Here is a selection of European media comments on the Greek debt crisis. No one cares about who said what and who's to blame for the ... See all stories on this topic » | ||
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Greek Debt Crisis Tipping Point Council on Foreign Relations Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics The Greek sovereign debt crisis has entered a critical phase. The four protagonists--the Greek ... See all stories on this topic » | ||
EU leaders to discuss Greek debt at dinner- Greek official Reuters ATHENS, June 22 (Reuters) - EU leaders will discuss the Greek debt crisis and ways to involve private sector creditors in a second EU-IMF bailout for the debt-laden country over dinner at a summit this week, a Greek official said on Wednesday. ... See all stories on this topic » | ||
Nordic Credit Markets See Small Greek Contagion Risk, Fitch Says Bloomberg “Most market participants do not see a high risk of further euro-zone contagion but they do believe the protracted euro-zone crisis is the main threat to European credit market stability,” Fitch said. Concern that Greece will trigger a deeper debt ... See all stories on this topic » | ||
Copper Falls as Debt Crisis May Slow Metals Demand: LME Preview San Francisco Chronicle June 22 (Bloomberg) -- Copper fell in London on speculation Europe's debt crisis will slow growth and demand for industrial metals. -- Greek Prime Minister George Papandreou won a vote of confidence, bolstering his new government's chances of pushing ... See all stories on this topic » | ||
Japan vows to buy more euro debt TODAYonline TOKYO - Japanese Finance Minister said on Tuesday the country would increase its lending to a European rescue fund to help resolve Greece's intensifying debt crisis, highlighting his concern over the potential impact of the continent's financial ... See all stories on this topic » | ||
RPT-UPDATE 5-Europe pushes banks to share Greek bail-out pain Reuters Germany invited private creditors to a meeting, a letter seen by Reuters showed, to discuss their voluntary support for the debt-struck country. Other euro zone countries, including France and the Netherlands, held similar discussions. ... See all stories on this topic » | ||
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IP Comment: Problems ahead for eurozone Irish Post REGRETTABLY, there probably is no good solution to the Greek debt crisis. The Greek government borrowed too much, international banks — particularly the Germans and the French — lent them too much, and Greece has been unable to service the loans. ... See all stories on this topic » | ||
EU's Rehn Begs For Deal On Economic Reform Legislation Wall Street Journal BRUSSELS (Dow Jones)--European economics commissioner Olli Rehn Wednesday beggedEuropean Union lawmakers to compromise on legislation aimed at preventing a repeat of the euro-zone sovereign debt crisis. In blunt language, Rehn warned that failing to ... See all stories on this topic » | ||
For a new narrative on the euro zone EurActiv How can we ensure the long-term sustainability of the euro zone? How should we deal with cases of sovereign debt crisis? How can we create a new positive momentum? The euro is a must forEurope because it makes easier the circulation of goods, ... See all stories on this topic » | ||
Greeks bear a small gift to world indices Sydney Morning Herald Macquarie Private Wealth division director Martin Lakos said the S&P/ASX 200 was still on track for gains in the second half of this year, despite the Greek debt crisis threatening to derail Europe'sbanking system and possibly the global recovery. ... See all stories on this topic » | ||
Spain's FCC to seek overseas financing Reuters Internationalization of funding projects is becoming more and more necessary for Spanish companies due to the euro zone sovereign debt crisis that has forced financial rescues on Greece, Ireland and Portugal and threatens to spill over into Spain. ... See all stories on this topic » | ||
There is no Plan B for Greece -- European Commission Reuters BRUSSELS, June 22 (Reuters) - Greece has clear objectives that it needs to achieve if it is to overcome its debt crisis and there is no alternative to meeting those goals, the European Commission said on Wednesday. "There is no alternative. ... See all stories on this topic » | ||
EU, Mercosur Talks Struggling to Stay Alive Bridges Weekly Trade News Digest Negotiations for a trade agreement between the EU and South American trade bloc Mercosur are approaching yet another impasse, just a year after re-launching the talks. The discussions have been plagued by the worsening euro zone debt crisis, ... See all stories on this topic » | ||
Strong rebound in metals likely on the way: Desjardins Globe and Mail “If, as seems likely, a solution to the European debt crisis can be found in the near term, the metal markets should then focus on robust European metal demand - which should translate into higher prices.” Upside: Desjardins has “buy” ratings on the ... See all stories on this topic » | ||
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New Portuguese PM pledges end to debt 'drunkenness' MSN Philippines News The debt crisis in Portugal, alongside the crisis in Ireland and the most serious crisis in Greece, is causing deep concerns internationally about the resilience of the entire eurozone. Coelho heads a centre-right Social Democratic and right-wing ... See all stories on this topic » | ||
PRECIOUS-Gold steady ahead of Fed, near 2-week top Reuters Gold priced in sterling struck a lifetime high around 954 pounds on Wednesday, fuelled by lingering worries about the debt crisis in Europe. Greece's government will approve its new austerity package on Wednesday after it survived a confidence vote, ... See all stories on this topic » | ||
TREASURIES-After Greek vote, spotlight shifts to Fed Q&A Reuters Traders said they expected volume to pick up again on Wednesday once the outlook on Greece'sdebt crisis was clearer. "We would expect that we would see higher rates by the morning unless another big event happens," said Michael Pond, Treasury and ... See all stories on this topic » | ||
FOREX-Dollar flat vs euro as Fed drops no stimulus hints Reuters Interest rates differentials favor the euro given the European Central Bank is already on a path of monetary tightening. Low interest rates diminish the allure of dollar-denominated assets. Greece'sdebt crisis continues, however, to dog the euro. ... See all stories on this topic » | ||
Greece crisis played down The Nation By The Nation Greece's debt crisis could shake the global financial markets, but it is not a worrisome risk for Thailand because of its minimal exports to the debt-ridden nation, the Bank of Thailand said yesterday. The Thai central bank has been ... See all stories on this topic » | ||
ECB FOCUS - France may lose out as Bini Smaghi stays put Reuters ... Friday's summit of European leaders, which is scheduled to endorse Draghi's appointment as ECB president, derailing the process has become inconceivable, since it would cause a leadership crisisat the ECB in the midst of the euro zone debt crisis. ... See all stories on this topic » | ||
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IMF head: risk to core economies frets EU partners Reuters India By Annika Breidthardt BERLIN (Reuters) - The International Monetary Fund's acting head John Lipsky said on Tuesday the euro zone's partners were concerned about the potential for the crisis in the zone's peripheral economies to spread to core countries ... See all stories on this topic » | ||
Equities buoyed as fears ease over Greece Financial Times By Dave Shellock A more optimistic view of the Greek debt crisis, and a burst of bid and merger activity, combined to lift global equities, commodities and the euro. After markets had closed in New York, a critical vote of confidence by Greece's ... See all stories on this topic » | ||
The EU Should Follow Russia's Fiscal Restraint The Moscow Times By Anders Aslund Watching the current euro-zone crisis unfold, Russians can proudly say they eliminated their public debt. By contrast, the euro-zone decision makers have made nearly every conceivable mistake, and they keep repeating them. ... See all stories on this topic » | ||
Underweight on India within regional equity portfolios: Geoff Lewis, JP Morgan ... Economic Times We are not talking about the peripheral economies in Europe getting back to sustainable fiscal positions until 2014-2015. What this means is that there is going to be volatility caused by the Euro zone sovereign crisis, which will occasionally affect ... See all stories on this topic » | ||
Henderson's McQuaker boosts European exposure FT Adviser Henderson Global Investors' head of multi-manager Bill McQuaker has boosted his European exposure in spite of the ongoing eurozone sovereign debt crisis. The manager has boosted Europein his £661.3m Income & Growth and £427.5 Active funds, ... See all stories on this topic » | ||
Economic Crisis Spreading? Moody's Threatens to Downgrade Italy theTrumpet.com And it may not be running a large budget deficit, but the government's debt is 120 percent of gross domestic product. The worries about Italy and Belgium show that the euro crisis is far from over. For more information on the importance of closely ... See all stories on this topic » | ||
Protests mount ahead of EU summit Europolitics.info It also suggests that Europe's leaders: 1. place social and sustainable development, respect for human rights and solidarity at the heart of the EU's response to the crisis; 2. demonstrate that the poverty reduction target adopted at the June 2010 ... See all stories on this topic » | ||
France Seeks Suitable Successor for Lagarde Wall Street Journal With no weighty candidate in sight to fill her shoes, her anticipated departure will leave a hole both in President Nicolas Sarkozy's government and at the euro zone table as the Greek crisis intensifies . A fluent English speaker, Ms. Lagarde has seen ... See all stories on this topic » | ||
China willing to help Europe stabilize economic growth 英文ä¸åœ‹éƒµå ± The debt crisis afflicting Greece and weighing on the euro is likely to overshadow his visit. Sinceeurozone debt worries first rippled through markets last year, China has repeatedly said that it has confidence in the single-currency region and ... See all stories on this topic » | ||
The IMF warns Spain that it faces considerable risks to its recovery FXstreet.com The consensus is looking for a drop from -9.8 to -10.4, but we believe a sharper decline is not excluded after the weak economic data of re-cent and the flaring up of the debt crisis in Europe. In the US, the FHFA house price index is expected to show ... See all stories on this topic » | ||
Crude Oil Futures Advance After Report Showing Decline in US Stockpiles Bloomberg ... of Greece's debt crisis will spread. “The inventory data today was certainly supportive,” said Sean Brodrick, a natural resource analyst with Weiss Research in Jupiter, Florida. “We're also higher because it doesn't look like the euro zone is going ... See all stories on this topic » | ||
European Stocks Decline as Philips Shares Plunge in Amsterdam San Francisco Chronicle 17, the benchmark Stoxx 600 has tumbled 7.6 percent as US economic data trailed forecasts, adding to concern about Europe's debt crisis. Standard & Poor's 500 Index futures slipped 0.1 percent today, while the MSCI Asia Pacific Index advanced 1 percent ... See all stories on this topic » | ||
Europe's wise men answer: what will happen to Greece? Citywire.co.uk That's the risk; if something goes wrong it will be felt in other regions – not just in Portugal and Ireland but in the United States and China.' 'The name of this crisis is a bit misleading as it is not a "euro crisis" but a "debt crisis".' See all stories on this topic » | ||
London Session: Bernanke faces the press again FXstreet.com The caveat is the Eurozone sovereign debt crisis. This is far from over. As mentioned above the Greek PM passed the easier of its two tests earlier. Today the Socialist party will hold a vote on the EUR28bn of cuts and EUR50bn of privatizations ... See all stories on this topic » | ||
Greece Shows Flaws in European Policy, Says Estonia Jakarta Globe "It's an accumulating problem, because the debt burden ends up almost one and a half times more than is allowed by the rules, an average 85 percent of GDP in the EU. The allowed level is 60 percent," Ligi said. "Those countries that during the crisis ... See all stories on this topic » | ||
Silver-Coin Sales 'Booming' at Perth Mint as Investors Desert Paper Money Bloomberg The soaring demand adds to signs investors are stepping up precious-metal purchases as Europe'sgovernments tackle a sovereign-debt crisis and central banks led by the US Federal Reserve print cash to stimulate their economies, potentially devaluing ... See all stories on this topic » | ||
Gold in sterling strikes record at 954.96 pounds Reuters Africa ... the debt crisis in Europe. Greece's government will approve its new austerity package on Wednesday after it survived a confidence vote, clearing the first hurdle in a battle to secure emergency loans and avert the euro zone's first sovereign debt ... See all stories on this topic » | ||
TheFXSpot:Risk Appetite Rises On Improving Greek Prospects IMarketnews.com Tuesday, US Treasury Secretary Timothy Geithner said it is important that the EU speak with a "clear, more unified voice" regarding its strategy to combat the sovereign debt crisis. "The simple rule of crisis management is you want to have a simple, ... See all stories on this topic » | ||
U.S. Clouds View for Daimler CEO Wall Street Journal The European debt crisis posed another threat and preserving and strengthening the euro-zone and its common currency was key to stable European economic growth, he said. As European political leaders continue to wrangle over a new aid package for ... See all stories on this topic » |
Is the Euro aggravating the European debt crisis? « Wintery Knight By Wintery Knight But if it wasn't for the euro, Greece's debt crisis would be an isolated problem — one that was tough for the country, but easy for Europe to bear. It is only because Greece is part of the euro zone that Athens' debts are a ... Consider this article by John Bolton in the New York Post. Excerpt: Most Americans had barely heard of the International Monetary Fund before the arrest of its managing director, Dominique Strauss-Kahn, for sexually assaulting a hotel housekeeper. ... Wintery Knight |
NewsDaily: U.N. warns austerity plans damage economic recovery By Robert Evans Austerity measures being adopted by many industrialized world governments in the wake of the 2008-09 financial crisis are undermining economic recovery, a United Nations report said on Wednesday. ... NewsDaily: Your best source for breaking news ... The report made no specific reference to the current problems of European countries in the euro zone and outside it, which have been heightened by the political and social turmoil in debt-burdened Greece. ... NewsDaily: Top Headlines |
Today: EUROZONE Debt Crisis News, Jun 21, 2011 EU strives to quarantine Greek debt crisis | Deseret News ... Future of Europe: Euro break up. Future eurozone? Debt crisis. ... article.wn.com/. ... www.interalex.net/.../eurozone-debt-crisis-news-jun-21-2011... ![]() |
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