Showing posts with label ESM. Show all posts
Showing posts with label ESM. Show all posts

Tuesday, October 9, 2012

Europe: Fall dominated

European stocks closed in red on Tuesday. Measured on the Stoxx 600-index, there was a decrease of 0.5 percent to 270.20. 441 of the index 600 shares fell. The three largest stock markets in Europe closed lower. In Britain, there was a decrease of 0.5 percent and in Germany of 0.8 percent, while shares in France fell by 0.7 percent.

Monday, October 8, 2012

Euro rescue fund with 500 billion euro is ready

Two years after the euro countries started to design a new, permanent rescue fund for their ailing economies, the fund - called ESM – is now a reality.

Economy and finance ministers from the 17 euro countries are Monday meeting in Luxembourg to founding the board of the fund, which should eventually be able to support problem countries with up to 500 billion euro.

Wednesday, September 26, 2012

Bonds: The Spanish problems pours in

The yield spread between South and North Europe widened considerably Wednesday, when there were major decline in interest rates in Northern Europe and significant increases in Southern Europe and especially Spain.

Thursday, September 20, 2012

Bonds: Europe in small side steps

European bond yields Thursday painted a picture of a somewhat indecisive market after a number of key areas such as European consumer confidence and U.S. business outlook index from Philadelphia Fed more or less equalized Wednesday’s fluctuations.

Wednesday, September 12, 2012

Europe: German court voting in favor of participation in the ESM

The German Constitutional Court has approved its participation in the European Stability Mechanism, ESM.

Tuesday, September 11, 2012

Currency: Quiet market opens up new opportunities

The players in the international currency markets is again Tuesday extremely reluctant to take new positions on the books. But the quiet markets is not so bad that it's not good for something.