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Showing 831 - 840 of 1260 results for "Eurozone"

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
... China also reducing by 50 bps its banks' reserve requirement ratio - starting this very day. Help from news out of the Eurozone that... wait for it... there is another plan in the works. I just hope that the Europeans have by now learnt their lesson ...

Market Wrap - Morning

AAP  |  MONDAY, 5 DEC 2011
... as 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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 DEC 2011
... Governor Mervyn King said the co-ordinated central bank action announced on Wednesday was only "temporary relief" to the eurozone's "underlying solvency problems", which he said have to be tackled directly by the governments. The European Central Bank ...

Tell someone who cares

BENJAMIN ONG  |  FRIDAY, 2 DEC 2011
... but somehow they didn't have the same spook they had even only a week ago. There was Monsieur Sarkozy warning that the Eurozone risk "exploding... without economies heading toward more convergence" of fiscal policies. There's Fraulein Merkel expected ...

Market Wrap- Morning

AAP  |  THURSDAY, 1 DEC 2011
... ($A1.35) as leading central banks pumped liquidity into the financial system to prevent a second credit crunch linked to the eurozone debt crisis. London's FTSE-100 index of leading shares finished the day up 3.16 per cent at 5,505.42 points, while in ...

A liquid Christmas

BENJAMIN ONG  |  THURSDAY, 1 DEC 2011
... by 50 bps to 21% effective 5 December. Stock markets around the globe surged, so did commodity markets while yields on Eurozone debt securities fell. And yes, this time, it's something you can write home to mother about... not the paltry half a percent ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
... year (nearly half of the earlier prediction of 1.7%) and 0.7% next year (down from the 2.5% predicted in March). In the Eurozone, last night's Italian bond auction of three-year credit sold at yields at 7.89% and 10-year yields rose to a new high of ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
... higher close on European markets despite Italy being forced to pay record rates at a bond auction and intense pressure on eurozone finance ministers to avert economic meltdown The Australian dollar continues to rise - and is now above parity, as investors ...

Worry me not

BENJAMIN ONG  |  TUESDAY, 29 NOV 2011
... (down from the 2.3% it forecast in May) and 1.6% in 2012 (down from May's prediction of 2.8%). It also mentioned that the Eurozone "appears to be in mild recession" and that it could turn "into deep recession with large negative effects for the global ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 NOV 2011
... Fund (IMF) bailout, later flatly denied, was taken positively as offering a way out for one of the most heavily indebted eurozone states. Even with the IMF news lead, Italy still had to pay sharply higher rates to raise fresh funds on Monday, suggesting ...