• Market talk of asset-reallocation from fixed-income and into equities has helped lift sentiment
from the open. • Reports that Spanish banks are pressing market regulators to reinstate a
short-selling ban on domestic financials has helped keep neg…
• Market talk of asset-reallocation from fixed-income and into equities has helped lift sentiment
from the open. • Reports that Spanish banks are pressing market regulators to reinstate a
short-selling ban on domestic financials has helped keep neg…
The euro hit a four-month low, extending declines prompted by fears Greece may leave the euro zone
and on contagion jitters after Moody’s downgraded 16 Spanish banks.
The euro hit a four-month low, extending declines prompted by fears Greece may leave the euro zone
and on contagion jitters after Moody’s downgraded 16 Spanish banks.
Adversity to risk remains the name of the game, as nothing changed regarding the limited hope for
economic recovery in the US, slowing down of the Chinese economy and ongoing fears about the
Eurozone peripherals’ structural problems….
ASIA A Chinese think tank has said GDP is likely to grow by around 7.5% in the second quarter of
this year, with inflation at 3.3% across the same period….
The financial markets have little choice but remain risk averse amid limited hope for economic
recovery in the US and ongoing fears about the Eurozone peripherals’ structural problems….
The financial markets remained risk averse on Thursday on unrelenting fears about the weakening US
economy and the Eurozone peripherals’ structural problems. The major currencies need a strong
pretext to recover, despite being oversold….
The euro inched up after plunging to a four-month low the day before, as some Greek banks faced
emergency funding needs, compounding fears that the country’s exit from the euro may put more
pressure on other struggling European nations.
The appetite for risk is limited once again ahead of the US open despite persistent concerns about
the weakening US economy and the Eurozone peripherals’ structural problems. The major currencies
need a strong pretext to recover, despite being overso…
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