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   
BING NEWS:
  • 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 ...
    09/12/2012 - 1:46 pm | View Link
  • Sterling rises to a three-and a half-year high against the euro
    Eurozone finance ministers approved a bailout for Spanish banks amid soaring borrowing rates on bond markets in a sign investors are worried the government itself may need rescuing. But the rescue deal requires the Spanish government to present by the end ...
    07/20/2012 - 3:08 am | View Link
  • Merkel buries euro bonds as summit tension rises
    However Germany, the EU's biggest economy and paymaster, appeared ready to budge on using the euro zone's rescue funds more flexibly to help ... The provision has scared investors off buying Spanish debt since Madrid was promised a bailout of up to 100 ...
    06/25/2012 - 7:39 pm | View Link
  • How tiny Finland could bring euro crisis to end
    We’ve just seen one rescue package for the troubled Spanish banks. But who says 100 billion euros ... During a recession, businesses go broke, unemployment rises, and loans don’t get repaid because people don’t have any money. None of that is good ...
    06/12/2012 - 8:00 pm | View Link
  • The Euro Rises on Spanish Rescue, Stocks Next
    In what looks like a positive initial reaction by markets to the bailout of Spain, agreed at the weekend, the Euro has risen 1% against the dollar. US stock futures are also up. The Bangkok Times reported shortly after markets opened: “The single ...
    06/10/2012 - 2:27 pm | View Link
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