Archive for June 19th, 2012

New Overnight Developments Abroad - Daily Update

Fear Persists of Euro Crisis Contagion

June 19, 2012

At the G20 Summit in Los Cabos, Mexico, IMF resources to handle Europe’s crisis was raised sharply to $456 billion, but markets still doubt if contagion can be stopped.  A new Greek government has still not been fleshed out. Spanish auctions of 12- and 18-month T-bills raised as much capital (EUR 3 billion) as sought […] More