Treasuries gained, pushing 10-year note yields down from the highest level in almost a month, as renewed concern Europe’s sovereign-debt crisis will undermine the recovery spurred demand for relative safety.
The yield curve flattened for the first time in five days after the Wall Street Journal reported that European stress tests underestimated some banks’ holdings of [...]
Posts Tagged ‘european markets’
Treasuries Rise as European Bank Concern Encourages Demand for Safest Debt
September 7th, 2010 by Financial Writer
Tags: economy activity, economy recovery, euro zone, european markets, financial crisis, financial markets, lenders, recovery economy, wall street
more...Bundesbank boosts Germany’s growth outlook
August 19th, 2010 by Financial Writer
The Bundesbank said Thursday that Germany’s economy is on track to generate growth of around 3% for 2010 and that there is little chance of the United States going back into recession.
The assessment in the German central bank’s monthly report for August was credited with temporarily lifting U.S. stock index futures, while European shares extended [...]
Tags: banks, central bank, economists, economy recovery, european central bank, european markets, germany, Global Economy, money
Stocks fall on jobs report and euro
June 4th, 2010 by Financial Writer
Stocks slumped Friday after a government report showed employers added fewer jobs than expected last month and the euro plunged to a new 4-year low, reviving worries about the health of the European economy.
The Dow Jones industrial average (INDU) lost 200 points, or 1.9%. The S&P 500 index (SPX) gave up 21 points, or 2%. [...]
Tags: Dow Jones Industrial, economy recovery, european economy, european markets, financial, financial stocks, Nasdaq composite, stock market, unemployment rate, united technologies, us economy, us stocks
European Stocks Fall on Budget Deficit; Nokia Drops, RBS Gains
April 24th, 2010 by Financial Writer
April 24 (Bloomberg) — European stocks fell for a second week as the euro area’s budget deficit widened to more than double the European Union’s 3 percent limit in 2009, led by Greece and Ireland, offsetting better-than-expected results from companies including Ericsson AB and Volvo AB.
Greek banks sank as Moody’s Investors Service cut Greece’s sovereign [...]
Tags: dow jones, euro, european economy, european markets, european stocks, european union, financial, financial markets, Global Economy, IMF, investors
European Stocks Retreat as Greek Credit-Default Swaps Surge
April 21st, 2010 by Financial Writer
European stocks declined for the third time in four days, led by Greek, Spanish and Portuguese shares, as the cost of insuring against Greece defaulting on its debt surged to a record.
Alpha Bank SA, Greece’s third-largest lender, Banco Santander SA and Banco Espirito Santo SA all dropped more than 2 percent as credit-default swaps on [...]
Tags: banks, european economy, european markets, european stocks, financial, fiscal crisis, investors, stock market
European markets lifted by industrial output data
March 12th, 2010 by Financial Writer
European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession in the 16 countries that use the euro may be stronger than previously thought.
The FTSE 100 index of leading British shares was up 18.60 points, or 0.3 percent, at 5,635.86 while Germany’s DAX [...]
Tags: economic recovery, european markets, european stock markets, us consumer, wall street