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Category Archives: Euro Zone
World Stocks Sink on Renewed Eurozone Fears
Stock markets around the world sold off sharply Tuesday as renewed fears of market instability seized investors. The Euro continued it’s slide and markets from Asia to the Eurozone had steep declines in reaction to the Bank Of Spain’s actions over this past weekend, where the Bank took over a Spanish bank that was unable [...]
Posted in Business, Euro Zone, Global Markets, Greece, Solid Principles
Tagged as: Asia, Bank of Spain, Euro, European Central Bank, Eurozone, Global Stock Markets, Kim Jong Il, N. Korea, S. Korea
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German Ban Weighs on Stock Futures
By: STEVE GOLDSTEIN U.S. stock futures dropped Wednesday, the first day of the hastily drawn-up German short-sale ban, which served to reinforce rather than dispel worries over the health of European governments and the lenders that possess their debt. More than two hours before the start of trading, Dow Jones Industrial Average futures were 68 [...]
Posted in Bond Markets, Euro Zone, Solid Principles, U.S. Stock Market, Wall Street, Wall Street Journal
Tagged as: Angela Merkel, Credit default swaps, Dow Jones Industrial Averages, Euro Zone, European Markets, German Short-ban, Germany, Gold, Nasdaq 100, S&P 500, Stock futures, WSJ
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Asian Shares Weaken; Dragged By Continued Europe Worries
By: Colin Ng Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)–Asian stock markets were lower Monday, dragged by heavy losses on Wall Street Friday and ongoing concerns about troubles in the euro zone. Resource stocks were beaten down in Sydney as commodities prices fell. Markets were “predictably” weak after the falls in U.S. and European equities, [...]
New Record Bet Against Euro
By: Don Curren Things just keep looking worse for the euro. Investors increased their bets against the currency to a new record level, according to data released Friday, as the euro weakens sharply in response to market concerns about the longer-term implications of the massive euro zone rescue plan. Net speculative bets–called shorts–against the [...]
Brazil Stocks Decline Early Tracking Worries Abroad
By Gerald Jeffris: Of DOW JONES NEWSWIRES BRASILIA (Dow Jones)– Brazil’s Bovespa stock index extended recent declines in early trading Friday as the local market followed trends abroad spurred by continued concerns over fallout from fiscal woes in Europe. As of 1345 GMT, the main Sao Paulo stocks index declined 1.8% to 63,569 points after [...]
Posted in Bond Markets, Business, Euro Zone, Solid Principles, Wall Street Journal
Tagged as: Bovespa, Brazil, Euro Zone, European Markets, Greece, Greece Debt Crisis, Greek Debt, Sao Paulo Stock Exchange
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Euro drops below $1.25 on growth concerns
BERLIN (AP) – The euro continued its decline against the U.S dollar on Friday, dropping below $1.25 amid worries over the cost and economic impact of an emergency financing deal for indebted European countries. The 16-nation euro had taken a breather in early trading after sliding to $1.2520 in New York late Thursday, but then [...]
GLOBAL MARKETS: European Stocks Fall; Bailout Reassessed
By Michele Maatouk & Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)–European stock markets were sharply lower Tuesday, along with the euro, as investors began to reassess the viability of the EUR750 billion euro zone rescue package. “Yesterday’s strong rally following the euro-zone bailout announcement has halted as questions marks over whether the [...]
Posted in Banks, Bond Markets, Business, Euro Zone, Solid Principles, Wall Street, Wall Street Journal
Tagged as: China, European Markets, Wall Street, WSJ
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European Markets Surge
By: ISHAQ SIDDIQI European stock markets pushed sharply higher Monday, while sovereign debt markets slumped, as market participants reacted to news of a hefty €750 billion ($955 billion) rescue package to stabilize the euro and prevent the Greek debt crisis from affecting other member countries. The Stoxx Europe 600 index jumped 5.9% to 251.09. London’s [...]
Greek Bonds Still Under Pressure
By: KATIE MARTIN LONDON—Greek bonds buckled Wednesday as investors flocked to safe havens amid mounting fears that other euro-zone countries could suffer a fate similar to Greece. Markets were already under pressure after Standard & Poor’s Corp. downgraded the debt of both Portugal and Greece. That double-whammy took Greece down to junk status and reinvigorates [...]
Posted in Bond Markets, Business, Euro Zone, Overseas Markets, Solid Principles
Tagged as: Euro Zone, Germany, Greece, Italy, Portugal, Spain, WSJ
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EU Sees Wider Greek Deficit, Roiling Markets
Bonds Fall as Investors View Bailout and Default as Givens By CHARLES FORELLE BRUSSELS—New figures revealed that Greece’s debt crisis is even worse than investors believed, delivering a fresh shock to European markets and all but ensuring that the International Monetary Fund and euro-zone countries will have to step in within weeks to bail out [...]
Posted in Bond Markets, Business, Euro Zone, Greece, IMF, Solid Principles, Wall Street Journal
Tagged as: Athens, Bailouts, BNP Paribas, Euro Zone, European Commission, European Markets, Greece, Greek Debt, IMF, Investors, Moody's, Portugal, Spain, WSJ
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