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| | | ... energy too," Burrell Stockbroking adviser Jamie Elgar said. The early gains may have been caused by overnight comments by Italian Prime Minister Mario Monti that Greece was likely to stay in the euro zone. But the future for Greece remains uncertain ... |
| | | | It is ironic that the country that brought the world the story of the "Sword of Damocles" is itself now that very sword dangling precariously above the heads of world financial markets. Any moment now. Events in Greece over the past few days have jacked ... |
| | | | ... points. Milan's FTSE Mib slumped 2.56 per cent to 13,311 points, on news that Moody's has downgraded the ratings of 26 Italian lenders amid fears over their exposure to the debt crisis. Madrid's IBEX 35 index slid 1.6 per cent to 6700.70 points, as the ... |
| | | | ... Spain's Sovereign Debt Rating Cut by S&P on Deficit, Bank Bailout Concerns Spain Yields at 6% Show Bank, Economy Risk Italian Business Confidence Drops to Lowest in Two Years Italy's Borrowing Costs Rise at Auction of 8.5 Billion-Euros of Bills France ... |
| | | | ... percent to 6,739.90 points but in Paris the CAC 40 slipped 0.13 percent to 3,229.32 points. Milan lost 0.66 percent after an Italian debt auction saw a spike in borrowing costs on six-month bonds and Madrid tumbled 1.29 percent, hit by poor results from ... |
| | | | ... and Italy which caused European markets to rally. "The main driver this morning is the positive yields on Spanish and Italian bonds overnight," he said. "There was some less than positive data out of the US with housing, but even though that happened ... |
| | | | ... European equity markets bounced back bigger time - including a 2.3% rise in the Spanish bourse and a 3.7% jump in the Italian one. This is hardly surprising given the positive news flowing out onto cyberspace while we were sleeping. Spain sold a,-3.18 ... |
| | | | ... European stock markets bounced back on Thursday from losses early in the day as investors shrugged off the results of an Italian bond sale and regained a taste for riskier investments. London's benchmark FTSE 100 index jumped 1.34 per cent higher to ... |
| | | | ... in the economy. The world is turning upside down again because Europe's back to the fore. We should be scared because Italian and Spanish bond yields are rising again. The yield on 10-year Spanish bonds rose to a 4-month high of 5.98% while those of ... |
| | | | ... according to official data released on Tuesday. Frantic selling on European markets overnight, amid concerns about Spanish and Italian yields, had renewed concerns about the euro zone, Mr Jones added. "Spanish bond yields were off to the races, and that ... |
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