Tag Archive for Pessimism

Spain suffers as sentiment sours post-Greek election | Reuters

(Reuters) – Spanish bond yields hit a new euro-era high above seven percent and Italian yields jumped on Monday as initial relief after a pro-bailout victory in Greek elections gave way to pessimism about the huge problems still facing the currency bloc. The swift reversal in sentiment saw German Bund futures rise, quickly erasing early…

Euro zone economic sentiment falls to near 3-year low | Reuters

(Reuters) – Euro zone economic sentiment fell more than expected in May, as pessimism among manufacturers and retailers in particular worsened, although consumers became slightly less downbeat about the economy for the year ahead. The European Commission’s economic sentiment index slipped by 2.3 points in the 17-nation euro zone to 90.6, lower than the 92.0…