With another disappointing European figure in luggage investors Friday sends the euro down in value against both the dollar and the yen. Meanwhile the Swedish krona loses terrain after unexpectedly weak figures from the industry.
Friday, November 9, 2012
Stocks: Fiscal cliff also draws Europe down
The mood could be better on the stock exchanges in Europe in Friday's trading, where investors have pushed optimism to the side. Instead, the focus is on the major challenges that policymakers are struggling with on both sides of the Atlantic.
In Europe the debt crisis continue to pull down, while Americans' concerns is whether Democrats and Republicans can agree in due time before the fiscal tightening with the entrance to 2013.
In Europe the debt crisis continue to pull down, while Americans' concerns is whether Democrats and Republicans can agree in due time before the fiscal tightening with the entrance to 2013.
Tuesday, October 30, 2012
Bonds: Calm winds on interest-front
There was relatively quiet on the bond markets in Europe Tuesday, where a lack of news and remain closed trading in the U.S. meant very little fluctuation in interest rates.
Spain's economic growth lagged not quite as much as economists feared in the third quarter. Growth in gross domestic product, GDP, was Tuesday morning amounted to minus 1.6 percent in the third quarter compared with the same period last year. Economists had expected a decline of 1.7 percent, which was in line with data earlier this month from the Bank of Spain.
Spain's economic growth lagged not quite as much as economists feared in the third quarter. Growth in gross domestic product, GDP, was Tuesday morning amounted to minus 1.6 percent in the third quarter compared with the same period last year. Economists had expected a decline of 1.7 percent, which was in line with data earlier this month from the Bank of Spain.
Saturday, October 27, 2012
Stocks: Sprint secured pluses in New York
It went up and down on the U.S. stock market on Friday. Investors are keeping a close eye on the economic data that alternately disappoints and shows good performance.
Dow Jones index ended the day with a minimal increase of 0.03 percent to index 13,107. S&P 500 ended the day with a small loss of 0.07 percent to Index 1411, while the Nasdaq rose by 0.06 percent to index 2987.
Dow Jones index ended the day with a minimal increase of 0.03 percent to index 13,107. S&P 500 ended the day with a small loss of 0.07 percent to Index 1411, while the Nasdaq rose by 0.06 percent to index 2987.
Friday, October 19, 2012
Bonds: Spanish messages turned the picture
Bond dealers were almost gone for the weekend before Friday's trade. In any case, there were close to absolute rest on a trading day, which was marked by cautious buying almost across the board.
This resulted in a slight decline in interest rates in both South and North Europe most of the day, but new reports that Spain has not intend to seek official help for its pressed banking sector reversed the picture in Spain and Italy, which ended with small increases in interest rates.
This resulted in a slight decline in interest rates in both South and North Europe most of the day, but new reports that Spain has not intend to seek official help for its pressed banking sector reversed the picture in Spain and Italy, which ended with small increases in interest rates.
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