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Showing 91 - 100 of 145 results for "Euro Area"

IMF - It Means Fun

BENJAMIN ONG  |  WEDNESDAY, 10 OCT 2012
... 24 January 2012. On 24 January the IMF warned that, "The global recovery is threatened by intensifying strains in the euro area and fragilities elsewhere. Financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated," ...

The pain in Spain does not fall mainly on the plain

BENJAMIN ONG  |  THURSDAY, 27 SEP 2012
... approved by Madrid -- it reverberates up to that overriding issue of unity within the Eurozone. It makes a mockery of the euro area's work-in-progress towards greater fiscal union. No Virginia, the rain in Spain does not fall mainly on the plain. As ...

Super Mario to the rescue

BENJAMIN ONG  |  FRIDAY, 7 SEP 2012
... sterilised.... it accepts the same (pari passu) treatment as private or other creditors with respect to bonds issued by euro area countries and purchased by the Eurosystem through Outright Monetary Transactions, in accordance with the terms of such bonds." ...

Lost

BENJAMIN ONG  |  TUESDAY, 17 JUL 2012
... "the threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area." To make it three for three, last night it changed its mind again. While it kept its 2012 global growth forecast unchanged ...

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
... year and by 2.25% in 2013 because it's still "subject to elevated downside risks, in light of financial strains in the euro area and uncertainty over domestic fiscal plans." In its April report, the IMF predicted the US to grow by 2.1% (up from January's ...

Can this latest kick of the can can?

BENJAMIN ONG  |  MONDAY, 2 JUL 2012
... FTSE MIB index rocketed by 6.6%. Even the Greek stock market rallied by 5.7%! Hallelujah! You can read the official "Euro Area Summit Statement" on http://consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ec/131359.pdf. We just saw in full display ...

Fundamentally challenged

BENJAMIN ONG  |  FRIDAY, 22 JUN 2012
... in factory activity in China and the Eurozone. China's PMI fell to 48.1 in June from 48.4 in the previous month. The euro area's index decelerated to 44.8 from 45.1 in May, with Germany's sliding to 44.7 from 45.2. Finally, this late-breaking news from ...

BRIC slows on Europe woes

BENJAMIN ONG  |  TUESDAY, 19 JUN 2012
... surrounding Greece dissipated, Spain pops up to take its place. News was the yield on 10-year Spanish bonds jumped to a euro area high of 7.28% last night. Boyoboyoboy. Spanish yields eased to around 7.16% at the close. But hey wait, isn't this above ...

Australian economy on target for growth: OECD

BEN COLLINS  |  WEDNESDAY, 23 MAY 2012
... than the 7.9% unemployment rate expected for the OECD as a whole in 2013, and around half of the 11.1% forecast for the euro area in that year. The OECD has also backed the Government's commitment to return to surplus. The report suggested that authorities ...

Best friends forever

BENJAMIN ONG  |  FRIDAY, 13 APR 2012
... the ECB still had the Securities Market Programme (SMP) in place that would allow it to purchase government bonds from euro area member countries. And not to be left out, the Bank of Japan also promised to "powerful easing" to ensure durable economic ...