-
Benzinga Market Primer, Thursday August 9
Thursday, August 9, 2012 - 7:09am | 760Read More...Markets showed caution early Thursday following mixed data out of China overnight and renewed fears over the European Debt Crisis. Chinese CPI inflation fell to 1.8 percent on an annualized rate, lower than the 2.2 percent rate seen in June but better than expectations of a 1.7 percent annualized...
-
Morgan Stanley Doesn't See End of the World for Europe
Friday, May 20, 2011 - 10:56am | 308Read More...Morgan Stanley is one financial firm that is predicting brighter days ahead for Europe. According to Bloomberg, Morgan Stanley believes that the euro will appreciate against the Swiss franc as the debt crisis abates. For most of May, the euro has been steadily depreciating against the U.S. dollar...
-
Return of the Euro: Currency Ends Decline on Strong Denial of Rumors (ERO)
Monday, May 9, 2011 - 11:06am | 196Read More...The Euro is near flat, after receiving a severe bludgeoning last week, amid speculation of a probable Greek exit of the Eurozone. In an unannounced meeting on May 6th, European Union Finance Ministers agreed to ease the terms of the $110 billion Euro bailout attained by Greece from the EU and the...
-
Goldman Sachs Down As Greek Rumors Spread (GS, NBG)
Friday, May 6, 2011 - 12:40pm | 97Read More...Goldman Sachs (NYSE: GS) shares fell below the $150 level, as rumors of Greece leaving the Eurozone have started to come out. Goldman Sachs broke the $150 level, but started to come back after the rumors were denied. The German newspaper Der Spiegel reported the news, citing unnamed sources. Der...
-
Will Greece Restructure?
Tuesday, April 19, 2011 - 7:28am | 428Read More...Rumors are spreading that the debt-ridden Greece will need to restructure its debt. Early this month, the German newspaper Der Spiegel wrote that the high ranking IMF officials were recommending Greek debt restructuring to the European governments. Later it was rumored that the Germans have taken...
