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| | | ... fears are not being reflected in Europe's early 2012 equity market performance. The equity markets of recently downgraded France and Italy are up 5.1% and 3.6%, respectively. But what takes the cake is Greece - the country that is on the verge of default ... |
| | | | ... European banks, including those considered particularly susceptible to a further outbreak of unease in Europe, such as France's Societe Generale and Italy's UniCredit, were buoyed by the news that Germany's second-largest bank, Commerzbank, won't need ... |
| | | | ... service its debts and be forced to default, potentially triggering more turmoil in global markets. In Europe, the CAC-40 in France closed down 0.2 per cent at 3,264.93 while Germany's DAX rose 0.3 per cent to 6,354.57. The FTSE 100 index of leading British ... |
| | | | ... that cowardly captain, Schettino, and are getting on board. Take for instance, the successful bond and bill auctions of France, Belgium, Italy, Spain and the European Financial Stability Fund (EFSF) right straight after S&P lopped their credit ratings. ... |
| | | | ... European and US markets have traded strongly. Germany's DAX closed 1.8 per cent higher at 6,332.93 while the CAC-40 in France rose 1.4 per cent to 3,269.99. The FTSE 100 index of leading British shares ended 0.7 per cent higher at 5,693.95. The euro ... |
| | | | Standard & Poor's was at it - slashing - again last night. After lopping off one A out of France's and Austria's AAA credit rating at the end of last week, it did the same for the European Financial Stability Fund (EFSF). According to S&P: "We consider ... |
| | | | ... King public holiday. LONDON - Europe's leading stock markets shrugged off a wave of ratings downgrades, including that of France's triple-A status, while the euro remained essentially unchanged on Monday. Steep losses were posted in London, however ... |
| | | | ... market volatility the potential result, according to the UBS Investing in 2012 report. Presidential elections in the US, France and Russia along with likely leadership change in China may see heads of state in the world's largest economies replaced at ... |
| | | | ... sparked a fresh wave of risk aversion ahead of more Chinese data this week. Standard & Poor's (S&P) on Friday stripped France and Austria of their triple-A status and downgraded seven debt-laden European countries. Global markets posted a muted reaction ... |
| | | | ... Malta (to A), Slovakia (A) and Slovenia (A+) doesn't really matter that much. The chop that matters is the one given to France and Austria. Both countries lost their triple-A and are now rated AA+ -- the same as America. Only Germany, The Netherlands ... |
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