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By Keith Jenkins and Emma Charlton |
June 17, 2012
The euro strengthened as official projections showed Greece’s two largest pro-bailout parties winning enough seats to forge a parliamentary majority.
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By Rita Nazareth, Bloomberg |
May 14, 2012
U.S. stocks declined, sending the Standard & Poor’s 500 Index toward the lowest closing level since March, as Greece struggled to form a new government amid growing speculation the nation may leave the euro region.
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By Ott Ummelas and Kim McLaughlin, Bloomberg |
May 12, 2012
A Greek exit from the euro could be “technically” managed yet would damage confidence in the monetary union, said ECB council member Patrick Honohan.
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By Austin Kiddle |
May 9, 2012
Gold is overreacting to bad news and ignoring good news. Calmer heads may want to focus on the good news that physical demand from Asia is improving in the case of India and exploding in the case of China.
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By Phil Flynn |
May 9, 2012
Concerns that Greece may default and turn away from the Eurozone have killed the euro and tanked oil as well. Of course the fact that supply of oil is overflowing had some impact as well.
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By Rita Nazareth and Peter Levring, Bloomberg |
May 8, 2012
U.S. stocks fell, sending the Dow Jones Industrial Average lower for a fifth day, as the struggle by Greece’s political leaders to form a government underscored growing concern about the region’s debt crisis.
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By Maria Petrakis and Natalie Weeks, Bloomberg |
May 7, 2012
New Democracy leader Antonis Samaras began trying to put together a government after a Greek election that raised fresh questions about the country’s euro membership and triggered the biggest stock-market rout in four years.
