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 - 1:47 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 - 3:38 am | View Link
  • FTSE 100 rises on China data, euro zone optimism
    “Compared to a month ago Greece looks more secure within the Eurozone, Spain’s bond holders won’t be placed in a subordinated position in the event of a Spanish default and the ESM/ EFSF rescue facilities may become more flexible,” said analyst at ...
    07/2/2012 - 3:45 am | View Link
  • Merkel buries euro bonds as summit tension rises
    (From L) Spanish Prime Minister Mariano Rajoy ... 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 banks and reassure investors spooked by an increased risk ...
    06/26/2012 - 3:05 pm | View Link
  • Gold rises on physical demand, euro uncertainty
    Bullion, which veered away from its positive correlation with riskier assets in the previous session, tracked gains in U.S. equities and the euro following their declines on Monday when some investors said the European financial rescue of Spanish banks was ...
    06/12/2012 - 8:39 am | View Link
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