Italian Bond Auction Shows Demand For Short-Term Debt, Produces Record Setting Yields
Government Bonds Following Monday’s stock market rally, United States markets opened higher ahead of another meeting of finance ministers in the Euro zone who are coming under pressure to find a permanent solution to the lingering debt crisis in the region, although ...
Spain and Italy look towards the bail-out fund
Europe The euro gained steadily on Friday as markets corrected on reflection of the US dollars overbought status. The safe-haven currency has been widely in demand this week as bond yields of several European countries remain high and, specifically, the Italian ...
The non-political and the Euro
Forex News The Euro had a confusing day today as the positive news that technocrat Mario Monti would lead the new Italian government was tempered by the surprise announcement that he too would be the new finance minister. Markets are generally fearful of anything ...
Markets nervous as Spain and Italy bond yields rise
Government Bonds The Euro was trading heavily today as both Spanish and Italian sovereign debt forced it to lose the gains that it had made during the Asian market. Traders were particularly concerned about the rising bond yields of both countries which, have been exposed ...
Thirsty For Ways To Profit In The Current Environment? Two Beverage Stocks To Watch (BUD, CCE)
Stock Picks A spike in Italian bond yields to levels not previously seen in the Euro zone sent global markets spiraling downward on Wednesday morning as uncertainty over the ability of a new government in Italy to tackle the country’s debt crisis frightened ...
Euro sinks despite Berlusconi departure
Forex Charts Even after today’s announcement of Silvio Berlusconi’s resignation, Euro markets moved considerable lower. This indicates that the market is still highly cautious of Europe’s precarious position and risk aversion still exists on a large scale. ...
Italy next to face the bond yield crisis
Europe The Euro project was supposed to be the most progressive and unified monetary venture ever created, spreading wealth and allowing the exchange of goods across a prosperous and strong economic region. Today’s Euro project , however, looks increasingly ...
Is Italy Poised To Be The New Greece?
Europe Investors watching the US Labor Department non-farm payroll report had reason to be optimistic, as the dip below 400,000 in unemployment claims seems to indicate a light at the end of the tunnel for the country’s ailing labor market. The US labor ...
Decline and fall
Forex News One of the principle reasons why many traders refuse to get involved with the Japanese yen is because of situations such as today’s, where intervention by the Ministry of Finance manipulated the value and sent it spiralling in early Monday trading. ...
Stocks Tread Water Despite Solid Employment Data
Stock News Stocks in the US consolidated after a large run higher during most of the week. Better than expected employment data, helped equities get off to a strong start, but a downgrade by Fitch of Italian debt, created a cloud over US trading action. Fitch ...
