 Los Angeles Times The dismal US jobs report for June is getting most of the attention on Wall Street Friday, but the greater risk to the global economy may be the spreading debt crisis in Europe. The “contagion” that has forced Greece, Ireland and Portugal to seek ... See all stories on this topic » | ||
| CEE currencies seen mostly shrugging off euro debt crisis Reuters By Sandor Peto BUDAPEST (Reuters) - Analysts expect currencies in the European Union'semerging markets to strengthen more against the euro over the next 12 months, largely shrugging off the debt crisis afflicting the euro zone. ... See all stories on this topic » | ||
| Publicis CEO: Ad Market Resisting Euro-Zone Crisis Wall Street Journal By William Horobin and Frances Robinson AIX-EN-PROVENCE, France (Dow Jones)--The global advertising market is proving far more resilient as the euro-zone debt crisis unfolds than it did in the aftermath of the collapse of Lehman Brothers and the ... See all stories on this topic » | ||
| Clegg Cautions U.K. Against Triumphalism Over Euro Area's Debt Crisis Woes Bloomberg ... over the euro area's debt crisis and said all countries should pursue policies to spur growth. “The UK should not see ourselves as spectators, watching from the wings, triumphalist, complacent, as ifEurope's economic woes are a euro-zone problem, ... See all stories on this topic » | ||
| Euro states should give up debt powers: Bini Smaghi Reuters The euro zone debt crisis continues to be the main source of worry for financial markets. ECB heavyweight Bini Smaghi warned the bloc was struggling to bring the problems under control and this was pushing up the cost of an eventual solution. ... See all stories on this topic » | ||
| European shares rise, debt fears cap gains Reuters Investors were spooked by concerns the debt crisis that has forced Greece, Ireland and Portugal to be bailed out could spread, prompting a sell-off in peripheral euro zone banks , which shed 3.4 percent. "There is an attack against Italy, ... See all stories on this topic » | ||
| EURO GOVT-Italian/Bund yld spread at widest level in euro era Reuters By Ana Nicolaci da Costa LONDON, July 8 (Reuters) - Fears that the euro zone debt crisis could spread as far as Italy drove the risk premium on Italian debt to its highest since the launch of theeuro zone on Friday, raising concerns about the cost of ... See all stories on this topic » | ||
| EURO GOVT-Italy bears brunt of peripheral pressure, Bunds soar Reuters As Italy bore the brunt of the market's negative outlook on euro zone's debt crisis, the flight into safe-haven assets was boosted by well below-forecast jobs data from the US which wrongfooted the market and sent Bund futures soaring. ... See all stories on this topic » | ||
| Global markets weekahead: Lacking conviction Reuters By Natsuko Waki LONDON (Reuters) - Investors are unlikely to gain strong conviction on asset allocation any time soon as risks from the escalating euro zone debt crisis and risks surrounding China offset more positive signals from the corporate ... See all stories on this topic » | ||
| Analysis - Tremonti exit would spell big trouble for Italy Reuters By Gavin Jones ROME (Reuters) - Speculation is growing that Italy's Economy Minister Giulio Tremonti -- credited with shielding the country from the euro zone debt crisis -- will soon be forced out of government, which would further raise the heat on ... See all stories on this topic » | ||
| Groupama CEO: Greek Debt Crisis Solution To Involve Private Sector Wall Street Journal AIX-EN-PROVENCE, France (Dow Jones)--French insurer Groupama's chief executive Jean Azema said Friday he expects a solution to Greece's debt crisis to involve the private sector, despite the situation remaining very complex and sensitive. ... See all stories on this topic » | ||
| Dollar up vs. euro, down against others after jobs MarketWatch Still, the euro remained weak as political turmoil surrounding Italy's finance minister sent that country's bond yields up sharply, raising worries about Italy getting sucked into Europe's debt crisis. “It's difficult to want to invest in anything, ... See all stories on this topic » | ||
| Euro slips on EU bank jitters, payrolls awaited Reuters By Naomi Tajitsu LONDON, July, 8 - The euro slipped to a session-low versus the dollar on Friday, dogged by concerns that European banks were struggling as the euro debt crisis festers, while investors braced for the possibility of strong US employment ... See all stories on this topic » | ||
| Gilmore in Berlin for debt crisis talks RTE.ie The Tánaiste and Minister for Foreign Affairs, Eamon Gilmore, travels to Berlin later today for talks with the German Foreign Minister Guido Westerwelle on matters including the euro zone debt crisis. Mr Gilmore, who is also Trade Minister, ... See all stories on this topic » | ||
| MONEY MARKETS-Markets reluctant to price in more ECB hikes Reuters The ECB raised interest rates for the second time in four months on Thursday and signalled a further hike is likely this year to tackle inflation despite the intensifying euro zone debt crisis . Several analysts expect a further hike to come in October ... See all stories on this topic » | ||
| Euro Declines as EU Bank Stress-Test Document Stokes Regional Debt Concern Bloomberg “This is something that's weighing on the euro. It gets back to the heart of the euro-zone debt crisis.” Lenders will be made to disclose capital levels, estimates for profitability in 2011 and 2012 and their holdings of sovereign debt in the July 15 ... See all stories on this topic » | ||
| Europe Factors-Shares seen up; focus on US jobs data Reuters Focus will also be on the euro zone debt crisis, which has been prompting investors to stay cautious. The IMF executive board is expected on Friday to approve the disbursement of just over 3 billion euros for Greece, in time to help the country pay ... See all stories on this topic » | ||
| Buy Europe now Investors Chronicle For most non-financial companies in Europe the crisis has equated to a massive currency advantage." China has notably been buying European debt and building its euro reserves, while seemingly turning its back on the dollar. ... See all stories on this topic » | ||
| EU "Muzzles Free Speech," Slippery Slope Ahead? GoldAlert Evans-Pritchard, the International Business Editor of The Telegraph, heaped strong criticism on euro zone officials over the latest developments in the European sovereign debt crisis in his latest column. “Before we all join the chorus of abuse against ... See all stories on this topic » | ||
| ||
| How to Profit from European Threats Against Rating Agencies Forbes (blog) After the embarrassment that they faced over their role in the sub-prime mortgage debt crisis, politicians and investors alike began to openly question how useful the credit ratings were to creating a stable financial market. Still, it could be argued ... See all stories on this topic » | ||
| ||
| 'If the US defaults, there will be simultaneous selloff in equities, bonds and ... Daily News & Analysis On the debt crisis in Europe, you have said one country would leave the euro. Which is that and has that day drawn closer? Europe's peripheral situation is worrisome — call it a bad situation that, unfortunately, will get even worse before it gets ... See all stories on this topic » | ||
| How to Make Money From US, Europe Debt Woes TheStreet.com ... meaning that if the country defaults on its debt, investors will lose confidence in the euro and other euro-zone debt, escalating bond yields, making borrowing excessively costly and, perhaps, leading to default. The causes for crisis are obvious. ... See all stories on this topic » | ||
| ||
| CANADA FX DEBT-C$ rallies to 8-week high, helped by US data Reuters [ID:nN1E7660BF] Separately, European Central Bank President Jean-Claude Trichet said the bank would relax rules and keep providing liquidity to struggling Portugal, allaying worries about Europe's debt crisis. [ID:nLDE7660BO] "The market took the ... See all stories on this topic » | ||
| Italian banks have passed stress tests-sources Reuters ... (Reuters) - The five Italian banks involved in EU-wide stress tests have all passed the financial health check, banking sources told Reuters on Friday as UniCredit led shares in Italian banks down on contagion fears from the euro zone debt crisis. ... See all stories on this topic » | ||
| Clegg warns against euro gloating Belfast Telegraph Mr Clegg is holding talks with French prime minister Francois Fillon and finance minister Francois Baroin over the debt crisis, European economic reform and military cooperation. The Deputy Prime Minister will also give a speech to leading business ... See all stories on this topic » | ||
| ||
| Hope, prayer, magic and QE3 MarketWatch (blog) Which debt debate? Both the US debt ceiling and Europe's sovereign debt crisis, which now looks like its engulfing Italy – the euro zone's fourth-largest economy. “It's easy to throw QE3 about but QE2 just finished and we haven't seen the results of it ... See all stories on this topic » | ||
| Remarks by Herman Van Rompuy, President of the European Council following his ... IEWY News What we are facing is not a crisis of the euro. The euro is a strong and stable currency. Since it was launched, inflation in the euro area has remained low and stable. The balance of trade of theEurozone is in broad equilibrium. Overall public debt ... See all stories on this topic » | ||
| Treasury dealer sees "record" number of bears ahead of payrolls Reuters This year's flare-up of the euro-zone sovereign debt crisis has sparked a similar flood of safe-haven buyers, but the crisis waters may be receding now. "While concerns about Greece and Europe are rife for the balance of the year, those are put in the ... See all stories on this topic » | ||
| ECB acting tough and running scared FX-MM This should hardly be a surprise given the ongoing sovereign debt crisis in Europe and the desire by savers in the likes of Greece, Portugal and Spain to protect their wealth by moving it to a safe harbour. EUR/CHF, which started the week above 1.23, ... See all stories on this topic » | ||
| Aluminium prices may go up 10% to $2800 in medium term Business Standard Besides demand from emerging economies, factors like expectation of the US economy doing well along with a solution to the European debt crisis would also favour the pricing environment. “According to our estimates, the US economy will see better ... See all stories on this topic » | ||
| China: EU bailout leaves 'fundamental problems' unresolved EUobserver.com The Chinese diplomat also advised the major eurozone economies to dig deeper into their pockets: "We hope that on the face of the difficulties the euro is facing, the core [euro-using] countries can unite to avoid this crisis." Looking further afield ... See all stories on this topic » | ||
| TREASURIES-Bonds fall on jobs data; ECB backs Portugal Reuters The ECB move was expected since it did the same for Greek debt, but it nevertheless calmed investor jitters and reinforced the notion of financial backing for struggling euro zone members. But many investors believe the European debt crisis is far from ... See all stories on this topic » | ||
| UPDATE 1-Telecom Italia to buy AES Atimus in $1 bln deal Reuters By 1418 GMT Telecom Italia shares were down 2.3 percent, outperforming a 3 percent fall in Italy's blue-chip FTSE MIB index triggered by fears of contagion from the euro zone debt crisis. (Writing by Deepa Babington; Editing by Dan Lalor and David ... See all stories on this topic » | ||
| ANALYSIS: Germany rebounds from global economic slowdown Monsters and Critics.com Also overhanging the global and European economic outlook has been the uncertainty unleashed by the debt crisis gripping parts of the 17-member eurozone. This in turn has helped to undercut the performance of the euro. But Germany's recent economic ... See all stories on this topic » | ||
| minor changes Business Recorder Concern that Greece's debt crisis would spread to other highly indebted peripheral euro zonecountries flared up this week after Moody's slashed its rating for Portugal to junk status. "Ireland could get downgraded to junk status too, which would hurt ... See all stories on this topic » | ||
| ||
| ECB round-up now the dust has settled FXstreet.com This tells us a couple of things: 1, yield is having less of a positive effect on the euro as the sovereign debt crisis rumbles on, or 2, the euro will play catch up, and the relationship will return to its historical norm. It's too early to know what ... See all stories on this topic » | ||
| Stock Futures Flat ahead of Jobs. Stocks to Watch: AAPL, BAC, CHK, CREE, GS ... TradersHuddle.com ... with its recovery and the sovereign debt crisis is not harming Europe's biggest economy. Commodities were retreating as the euro fell on continued concern over the euro zone peripherydebt crisis and as traders await the US employment report. ... See all stories on this topic » | ||
| Greece ETF On The Way? Global X Details Slew Of International ETFs Business Insider Much like the proposed Portugal fund, this product could see high levels of trading volume thanks to the ongoing crisis plaguing the nation's finances. Hungary ETF: This proposed product seeks to follow the Solactive Hungary Index, offering exposure to ... See all stories on this topic » |
| The Eurozone is f***ed, but at least US and Japan are more f***ed ... By Mathias Oesterlund He admitted that there are three countries in the Eurozone suffering of debt crisis, and particularly the situation in Greece is vulnerable. But he underlined that is was not a thread to the Eurozone in general. - What we are facing is not a crisis of the euro. The euro is a strong and stable currency. Since it was launched, inflation in the euro area has remained low and stable. The balance of trade of the Eurozone is in broad equilibrium. And finally he appointed the ... Beyondbrussels.com |
| The EU's latest solution to its debt crisis: Shoot the messenger ... By D.J. McGuire The EU's latest solution to its debt crisis: Shoot the messenger. Now that the ratings agencies have come around to notice that eurozone nations' debt isn't worth the paper on which it's printed, the Brusselian Empire has responded by ... The eurozone will learn that the hard way. In the meantime, they will make things worse by going after the ratings agencies. The market does not take kindly to governments restricting information in order to hide bad news (it slowed down ... The right-wing liberal |
| The EU's latest solution to its debt crisis: Shoot the messenger ... By jr@bearingdrift.com (J.R. Hoeft) Now that the ratings agencies have come around to notice that eurozone nations' debt isn't worth the paper on which it's printed, the Brusselian Empire has responded by . . . threatening the agencies (Telegraph' UK): The EU ... The eurozone will learn that the hard way. In the meantime, they will make things worse by going after the ratings agencies. The market does not take kindly to governments restricting information in order to hide bad news (it slowed down foreign ... Bearing Drift: Virginia's Conservativ... |
| Germans prefer austerity to tax cuts: poll (AFP) | Stock Market ... By Editor - Business News The poll revealed deep scepticism about Chancellor Angela Merkel's pledge to cut taxes by an unspecified amount in 2013, the year of the next scheduled general election, and perhaps general unease over the eurozone debt crisis. Forty-nine percent said the plans ... Falling unemployment has cut social costs, and the national deficit is expected to drop to 27.2 billion euros ($38.9 billion) from the previous estimate of 31.5 billion euros. The German deficit will have been ... Rocket News |
| Is Greece heading for euro exit door? Quite possible | Firstpost The euro project is at best faltering, but it is unclear whether the sovereign debt crisis will bring it to an end or whether it will emerge from a difficult teenage phase. ... In 2010, prices for consumer goods and services were more than 20 percent above the EU average in Finland and some 30 percent below in fellow euro zone member Slovakia. Income inequality has also increased, although not shot up, in the past decade, with the richest 20 percent in the euro zone now ... Firstpost |
| Factbox: Coming events in the euro zone debt crisis - Yahoo! News Read 'Factbox: Coming events in the euro zone debt crisis' on Yahoo! News. ( Reuters) - Following are upcoming events linked to the debt crisis in the euro ... news.yahoo.com/factbox-coming-events-euro-zone-debt-crisis... |
| How does the Eurozone crisis boost gold & silver? | MINING.com ... world markets has been the Eurozone debt crisis and its effect on the euro. ... Gold and silver prices moved up on the bad news from Europe and have ... www.mining.com/.../how-does-the-eurozone-crisis-boost-gold... |
No comments:
Post a Comment