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Barclays: Most Likely Scenario Is Greece EMU Exit
Monday, July 6, 2015 - 1:42pm | 316On Sunday, Greek voters decided to reject the last deal creditors proposed. While Chancellor Angela Merkel and French President Francois Hollande are scheduled to meet in Paris on Monday to assess the situation, analysts at Barclays argue that the most likely scenario includes the country exiting...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Spanish and Italian Borrowing Costs Rise
Tuesday, June 26, 2012 - 2:28pm | 461Spanish and Italian borrowing costs rose at auction on Tuesday, as the debt-ridden nations try to stay solvent and avoid the same fate as Greece, Ireland, and Portugal. The rise in borrowing costs follows the downgrade of 28 Spanish banks by Moody's, the formal request for bailouts by Cyprus and...
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What a Greek Exit Would Look Like (FXE, FEZ, GLD, SPY, QQQ, GSG, CS)
Thursday, May 24, 2012 - 11:23am | 709It feels as though the market went from discussing a Greek exit as a very unlikely event to now the most likely endgame for Europe. The question is, what would a Greek exit actually look like and how would it play out? The answer can be seen in the way that the US authorities, along with other...