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:
  • Spanish stock market rises and risk premium falls after Greek deal
    the gap between Spanish and German 10-year borrowing costs dropped to 113 basis points on the news. This is lower than it was when Greek Prime Minister Alexis Tsipras announced a referendum on the EU’s conditions to prolong the second bailout. The euro ...
    07/12/2015 - 9:28 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 - 8:18 pm | View Link
  • Euro Rises Against Dollar as EU Seeks Acceptable Greek Path
    June 19 (Bloomberg) -- The euro rallied ... as yields rose. Spanish 10-year yields jumped 28 basis points, or 0.28 percentage point, to 7.16 percent yesterday, above the 7 percent rate that pushed Greece, Ireland and Portugal to seek rescue packages.
    06/19/2012 - 3:05 am | View Link
  • Stock market rescue? Spain's bailout buoys stocks.
    If Greece leaves the euro, that will raise questions of whether other countries might, too. The Spanish rescue plan also doesn't address other critical issues. Take Italy, for example: government debt in the third-largest euro economy continues to pile up ...
    06/11/2012 - 1:30 am | 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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