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 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 - 8:18 pm | View Link
  • Euro rises, but gains seen fleeting
    The euro's gains were capped by record high Spanish bond yields, reports of official preparations ... Austria's finance minister said Italy may need a financial rescue because of its high borrowing costs, drawing a furious rebuke from the Italian prime ...
    06/12/2012 - 9:40 am | View Link
  • Financial Markets Give Mixed Reaction to Spanish Deal
    This weekend’s Spanish bank rescue ... rises, even if they don’t go far towards compensating for the stocks’ recent losses. And even if stocks have come off their early highs. Compare that with the reaction in the foreign exchanges, where the euro ...
    06/11/2012 - 12:30 am | View Link
  • Euro rises on European's move to help Spanish banks
    TOKYO, June 11 (Xinhua) -- The euro rose against the U.S. dollar and the yen early Monday morning in Tokyo, following eurozone's move Saturday to help rescue banks in Spain. At 9 a.m., the euro fetched 1.2644-2649 dollars and 100.59-61 yen, compared with ...
    06/10/2012 - 2:52 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 - 2:37 pm | View Link
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