daily report
European Shares European shares jumped on Wednesday on the news of a massive infusion of liquidity at the much awaited ECB tender, with banks gobbling up ca. €490 billion in three-year cut-price loans. The relief however…
European Shares Signs of relief are to be seen in the markets since yesterday with the bulls taking the control following uplifting confidence data and a successful Spanish auction that saw Spanish borrowing costs falling sharply…
European markets European shares are trading flat this morning, as all eyes remain fixed to the euro zone crisis. The big picture still looks bleak with the EC President warning about significant pressure on the euro…
European Shares The fear of imminent rating downgrades materialised in the past week with Fitch lowering the outlook of major European and US based banks and Moody’s cutting Belgium’s credit rating by two notches on Friday,…
European Shares European shares opened slightly higher following an Asian session of modest gains as investors were calmed by better than expected economic data from the other side of the Atlantic. The credit rating agency Fitch…
Global Shares European shares fell to a two week closing low in thin volume on Wednesday on fears that a downgrade of France sovereign rating would add to the euro zone crisis. The pre-summit warnings started…
Global Shares US equities and Asian markets came under pressure yesterday with the focus falling on the Federal Reserve that warned about the US economy’s exposure to the euro zone crisis and failed to take additional…
European Shares Investors continue to be unconvinced by the plan delivered on Friday with European shares shrugging off any progress made by EU leaders. Today European stocks opened flat after a disappointing overnight Asian session on…
EU Deal On Monday markets continue to digest the results from Friday’s agreement between the EU nations, that paves the way for closer economic ties needed to prevent future debt crisis. With an overwhelming majority of…
European Markets European stocks slid on Thursday to a one-week closing low after ECB President Draghi gave no indication the European Central Bank would step up purchases of government bonds and that it would act as…