The Euro Rises On Spanish Rescue, Stocks Next

The Asian markets this morning signaled satisfaction with the Euro bail out plan. Will it last?

Topics:  asian   euro   
  • Euro Rises on German Ruling
    One of the questions hanging over the new bailout fund is whether and when Spain, the most urgent candidate for support, will ask for a rescue. Newspapers in Finland on Wednesday reported that the Spanish prime minister, Mariano Rajoy, might ask for the ...
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  • Euro on the brink? Why Spain's 'budget to get us out of a crisis' will do no such thing
    Spanish Prime Minister Mariano Rajoy swept to power last year ... The French budget is expected to deliver nearly £25billion of spending cuts and tax rises as the government battles to reduce the country’s deficit. With the national debt climbing ...
    09/27/2012 - 6:54 am | View Link
  • Catalonia seeks 5bn-euro bailout from Spain
    The debt-ridden Spanish region of Catalonia has asked for a bailout ... will have to request a full financial rescue. In June, Spain requested 100bn euros ($122bn; £79bn) of loans from the eurozone's bailout fund to help support its banks, which are ...
    08/28/2012 - 1:35 am | View Link
  • FOREX-Euro rally pauses, more gains seen ahead
    The euro has rallied strongly this week on persistent speculation the ECB will unveil plans to help lower Spanish and Italian bond yields at ... so people want to sell when it rises. They sell and then buy back, sell and then buy back,” said Satoshi ...
    08/23/2012 - 1:00 pm | View Link
  • Euro rises amid talk of expanded ECB role
    The euro rose to a seven-week high against the US dollar yesterday (21 August), fuelled by speculation the European Central Bank could soon act to stem the region's debt crisis by lowering Spanish and ... letting the eurozone's rescue funds directly ...
    08/21/2012 - 7:22 pm | View Link
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