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CBS NewsRPT-Selling in May could be shrewd in uncertain 2012Reuters(Repeats Friday story without changes) * France, Spain seen as headwinds over summer * Defensive stance, options markets recommended By Tricia Wright LONDON, April 27 (Reuters) – The su…
By Marshall Auerback Nearly one Spaniard in four is unemployed, according to data released on Friday, as the country’s economic and financial predicament prompted a government minister to talk of a “crisis of enormous proportions”.The data from the National Statistics … Continue reading →
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Al-ArabiyaCrude ends up; weak GDP raises hopes for Fed easingEconomic TimesNEW YORK: US crude futures ended higher on Friday, up for the sixth session in a row, on hopes that weaker-than-expected growth data will spur the US Fed to initiate more moneta…
Early today 523 banks requested an unprecedented €489 billion ($640 billion) in super-cheap funding from the European Central Bank.
But the massive lending operation has garnered only a tepid response from markets, with short-term government bond y…
(Reuters) – The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.
http://in.reuters.com/arti…
European CEOs Move Cash to Germany In Case of Euro Breakup
December 09, 2011, 10:34 AM EST
By Manuel Baigorri and Richard Weiss
Dec. 9 (Bloomberg) — Grupo Gowex, a Spanish provider of Wi-Fi wireless services, is moving funds to Germany because it ex…
The market’s skepticism was reflected in the outcome of the Italian bond auction. The Italian Treasury on Monday sold 3 billion euros, or $4.1 billion, of five-year bonds priced to yield 6.3 percent — up nearly a full percentage point from the yiel…
