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Creating a European Centralized Banking System More Difficult Than Planned
Monday, October 29, 2012 - 7:03am | 350Read More...The euro continued to hover at 1.2902 on Monday morning as eurozone financial leaders continue to debate the best way to move forward with plans for a centralized bank. While investors are still waiting for signs that Spain is ready ask for a sovereign bailout, the spotlight is on the new...
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Benzinga Market Primer, Tuesday October 16
Tuesday, October 16, 2012 - 6:12am | 1085Read More...U.S. equity futures rose slightly in early Tuesday trading as reports surfaced indicating that Spain may be closer to submitting to a Troika program in exchange for debt support from the ECB. Recently, it appeared as though Spain was reluctant to ask for a bailout, as the country did not want to...
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Euro Spikes as Rumors of Bond Short-Selling Ban Circulate
Friday, August 10, 2012 - 1:48pm | 273Read More...CSI Forex, a market data provider and investigative company, reported Friday that the rapid spike in the EUR/USD was caused by a rumor that European leaders may be about to implement a short selling ban on sovereign debt. Such a ban would effectively cap yields at current levels and potentially...
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European Leaders Agree to New Growth Measures
Thursday, June 28, 2012 - 5:03pm | 278Read More...According to European Council President Hermann Van Rompuy, European leaders have agreed on approximately $150 billion in new growth measures. This new growth package reportedly contains project bonds. Van Rompuy was speaking after the close of the first day of discussions in Brussels. European...
