European Markets Dip

The benefit of last week's European Union summit was almost erased as Spanish borrowing costs shot higher and Spanish bank shares sank, with action from a trio of global central banks Thursday sparking concerns about the health of the global economy.

Topics:  european union   spanish   global   
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  • European Markets Slip
    European markets edged lower Thursday with socks mostly moving on earnings related news. The FTSE was down 0.3%. The CAC 40 Paris slipped 0.1% while the German DAX was down 0.3%. Producer price inflation in Germany fell unexpectedly last month, official ...
    04/17/2014 - 4:58 am | View Link
  • Forex markets likely to goad European Central Bank into action
    Mario Draghi, the president of the European Central Bank, is probably one of the most effective central bankers when it comes to talking the markets in a particular direction--but if he wants a weaker EUR (CME:E6.C), action will have to back his words.
    04/17/2014 - 3:51 am | View Link
  • Markets Aren't Doing Much
    Traders talk at Madrid's Bourse. Markets aren't doing too much early in European trading. Britain's FTSE 100 is down 0.2%. France's CAC 40 is flat. Germany's DAX is down 0.1%. Spain's IBEX is down 0.2%. Italy's FTSE MIB is down 0.3%. This follows Wednesday ...
    04/17/2014 - 12:04 am | View Link
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  • European parliament adopts financial markets rules
    (MENAFN - AFP) The European Parliament adopted new rules Tuesday to tighten the regulation of financial markets in order to stop rampant speculation, including on foodstuffs. The European Union's Financial Markets Commissioner Michel Barnier first pushed ...
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