Germany Said To Be Working On Growth Plan For Euro ZoneEconomic Data(EU) ECB: €3.8B borrowed in overnight loan facility vs. €3.8B prior; €760.9B parked in deposit facility v ...
Major European PMI Manufacturing data misses expectations; German IFO Business Confidence falls for the first time in 7 monthsEconomic Data(RU) Russia Gold & Forex Reserve w/e May 18th: $514.3B v ...
My quick snapshot yesterday of major European markets showed a massive rally, which I playfully suggested was driven by a "Don't bet against the EU Summit" sentiment. Well, the market yesterday showed...
Euro hits fresh 2012 lows ahead of informal summit; More reports of an ECB contingency plan in the worksEconomic Data(GR) Greece Mar Current Account: -€2.1B v €1.1B prior(NL) Netherlands Mar...
Economic Data(JP) Japan Apr Supermarket Sales Y/Y: --1.9% v -2.4% prior(FI) Finland Apr Unemployment Rate: 8.4% v 8.4%e(DK) Denmark May Consumer Confidence Indicator: 0.4 v 0.6 prior(ZA) South Africa ...
Most of the major European indexes closed modestly higher yesterday, the first day of a week that includes a highly anticipated EU summit, and a day after Gavyn Davies featured a sobering chart in his...
The fact that Spanish bank shares rallied Friday (3.1% at pixel time) and have easily outperformed the market (IBEX up 0.3%) following Moody's downgrade of 16 Spanish banks should be understood as a ...
Spain's Banking Sector Said To Be Calling For Renewed Ban On Short Selling.Economic Data:(EU) ECB: €809M borrowed in overnight loan facility €839M prior; €762.4B parked in deposit ...
Investors are increasingly concerned that the debt crisis in the Euro-zone is spreading as Spain announced an increase in borrowing costs during its most recent auction. This fueled higher demand for ...
3-month Euribor rises for the first time in the post-LTRO environmentEconomic Data(EU) ECB: €839M borrowed in overnight loan facility €2.0B prior; €785.1B parked in deposit facility v ...