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23-Feb-12
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1 0 Tag Archives: bailout
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Gold eases on euro zone worries as optimism fades – Reuters

Globe and MailGold eases on euro zone worries as optimism fadesReutersBy Frank Tang and Jan Harvey | NEW YORK/LONDON (Reuters) – Gold eased on Wednesday, declining after Tuesday's rally as a rise in the dollar, worries over a euro zone recession an…

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Brent crude falls towards $121 on euro zone worry, China data – Reuters

ABC NewsBrent crude falls towards $121 on euro zone worry, China dataReuters* China PMI shrinks for fourth straight month * Euro zone debt concerns back in focus * Asia, Europe cut back on Iranian crude imports (Adds details, updates prices) By Florenc…

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Dollar Touches Six-Month High Versus Yen Before Housing Data – BusinessWeek

Mainichi Daily NewsDollar Touches Six-Month High Versus Yen Before Housing DataBusinessWeekThe euro was 0.4 percent from a three-month high versus Japan's currency as the Greek government won a second bailout and sent debt-swap and austerity measur…

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Gold higher on bailout doubts – Sydney Morning Herald

Globe and MailGold higher on bailout doubtsSydney Morning HeraldBullion has benefited from news that China recently cut its required reserve ratio and committed to help the euro bloc. The metal already received a strong boost after the US Federal Reser…

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Greek deal helps RBA justify its rate freeze – The Canberra Times

Telegraph.co.ukGreek deal helps RBA justify its rate freezeThe Canberra TimesAfter more than 12 hours of talks, the nations that use the euro reach an agreement to hand Greece $170 billion in additional bailout loans. EURO ZONE leaders have agreed to a…

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Yen Falls in Longest Streak in Two Months; Euro Gains on Greece Bailout – Bloomberg

The central bank unexpectedly held rates at 4.25 percent this month after two quarter-percentage-point reductions late last year Australia’s currency fell 0.9 percent to $1.0665. The Aussie dropped 0.8 percent to A$1.2411 per euro and declined …

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Europe’s Failed Course – New York Times

Mortgage Rates & Trends (blog)Europe's Failed CourseNew York TimesStruggling euro-zone economies like Greece, Portugal, Spain and Italy cannot cut their way back to growth. Demanding rigid austerity from them as the price of European support has le…

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FOREX-Euro off on Greece, US data boost dollar vs yen – Reuters

TorFX Foreign Currency Exchange (blog)FOREX-Euro off on Greece, US data boost dollar vs yenReuters* Decision on Greek bailout put off until at least Monday * US economic data better than expected; dlr highest since Oct vs yen * Swedish crown falls as c…

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Greek bailout tensions hit other euro countries – Washington Times

As stocks and the euro fell on Thursday, borrowing rates rose for Italy and Spain’s government debt — a sign that investors are worried that the two countries would be dragged back into a crisis that had shown some signs of easing. Concern has …

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Greek Bailout Tensions Hit Other Euro Countries – NPR News

As stocks and the euro fell on Thursday, borrowing rates rose for Italy and Spain’s government debt — a sign that investors are worried that the two countries would be dragged back into a crisis that had shown some signs of easing. Concern has …

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