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By Angeline Benoit and Ben Sills |
April 26, 2013
Spanish Prime Minister Mariano Rajoy sought a two-year extension to meet European Union deficit rules, as he lowered his growth forecast and predicted little relief from a record 27% unemployment rate.
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By Stephen Kirkland, Inyoung Hwang and Leslie Picker, Bloomberg |
February 8, 2013
Stocks and commodities rose as Europe’s leaders reached a budget agreement, China’s trade expanded more than estimated and companies posted better-than- forecast earnings. Spanish bonds gained and the yen rallied.
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By Elisa Martinuzzi and Sonia Sirletti |
February 5, 2013
Banca Monte dei Paschi di Siena SpA, engulfed by criminal probes of former management, may disclose as early as Wednesday the size of losses the bank hid in 2008 and 2009 using derivatives.
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By Mark Shenk, Bloomberg |
February 4, 2013
Oil tumbled the most in two months after equities dropped on political turmoil in Europe and as Middle East tensions eased on the prospect of renewed talks between Western countries and Iran.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
February 4, 2013
Stocks tumbled the most this year and the euro slid while Spanish bond yields surged amid renewed concern about Europe’s debt crisis. U.S. Treasuries rose, while oil fell after the longest stretch of weekly gains since 2004.
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By Joseph Ciolli, Bloomberg |
January 17, 2013
The euro approached a 10-month high against the dollar as Spain’s borrowing costs fell at a 4.5 billion-euro ($6 billion) sale of bonds, underscoring increased confidence in European debt markets.
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By Neal Armstrong, Bloomberg |
December 11, 2012
Italian government bonds rose, reversing an earlier decline, as concern that Prime Minister Mario Monti’s resignation would derail the nation’s attempts to cut its debt load eased.
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By Lukanyo Mnyanda and Allison Bennett, Bloomberg |
October 23, 2012
The euro dropped from a five-month high against the yen after Moody’s Investors Service cut the credit ratings of five Spanish regions and French industrial confidence fell to the lowest in more than three years.
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By Phil Flynn |
October 22, 2012
We saw many get hit as commodity fund long positions sank to a 12-week low. Oil prices got hit off fears that China was slowing and Europe would not get its act together.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 19, 2012
The euro declined for a second day against the dollar after Spanish Prime Minister Mariano Rajoy said his nation doesn’t feel under any pressure to ask for a bailout, fueling concern the debt crisis will be prolonged.
