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Showing 41 - 50 of 101 results for %22Debt Action Plan%22

Market Wrap - Morning

AAP  |  THURSDAY, 6 SEP 2012
... meeting on Thursday (European time), with all eyes on president Mario Draghi for new measures to fight the region's stubborn debt crisis. In local economic news on Thursday, The Australian Bureau of Statistics (ABS) is due to release August Labour force ...

Blahs take the blues away

BENJAMIN ONG  |  WEDNESDAY, 8 AUG 2012
... remember a case when Pimco was so certain about the future that, according to Bloomberg, Pimco "eliminated government-related debt from his flagship fund last month as the U.S. projected record budget deficits." That was back in February last year when ...

Market Wrap

AAP  |  MONDAY, 6 AUG 2012
... Better-than-expected US jobs data added to early gains made on a more positive view of the European Central Bank's stand on the eurozone debt crisis. The European single currency jumped sharply to $US1.2391 from $US1.2178 in New York late on Thursday. ...

Wen's visible hand

BENJAMIN ONG  |  MONDAY, 16 JUL 2012
... guiding hand necessary. Adam Smith must be turning in his grave as he watches first the GFC and now the European sovereign debt crisis unfold. All caused by economic actors' acting in their own self-interests while the government's hand stayed invisible. ...

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
... US data releases on factory orders and car sales and most definitely not because we've seen the backside of the European debt crisis. This indicator, Virgie, is International Monetary Fund (IMF) and its regular updates of its growth projections. It is ...

Can this latest kick of the can can?

BENJAMIN ONG  |  MONDAY, 2 JUL 2012
... again. Italy's now the latest member that is too big to fail and too big to bail. Remember it was once Spain? Because its debt was more than those of Greece, Ireland and Portugal combined? But with the pledge of a a,-100 billion rescue - along with Germany's ...

More of the same

BENJAMIN ONG  |  MONDAY, 25 JUN 2012
... could have as much as a,-100 billion to save its banks. Hooray! But wait, this a,-100 bil would add to Spanish government debt. Bond markets sent the yield on its bond surging past the "request for bailout mark" of 7%. Boo! Last week, it was Greece's ...

Deja vu of deja vu

BENJAMIN ONG  |  TUESDAY, 15 MAY 2012

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... these have a tendency to become self-fulfilling. Country A placed on credit watch, investors don't want to buy country A's debt issuances, its borrowing cost rise making it harder to fund deficit and debt, economic growth slows/contracts, making it harder ...

Market Wrap - Morning

AAP  |  MONDAY, 5 DEC 2011
... traders focused on the negatives in a mixed jobs report and worried about Europe's ability to respond to a growing eurozone debt crisis. The Dow Jones Industrial Average rose 0.61 point, or 0.01 per cent, to end the session at 12,019.42. The tech-heavy ...