Archive for July 30th, 2012

New Overnight Developments Abroad - Daily Update

Anticipating Coordinated Monetary Easing as Reported Data Were Mostly Soft

July 30, 2012

Share price gains overnight continue to reflect optimism that the ECB will take forceful action Thursday to preserve the euro.  Stocks are up 1.9% in Spain, 1.0% in Germany, 0.8% in France and 0.6% in Britain.  In the Pacific Rim, equities climbed 1.8% in India, 1.6% in Hong Kong, 1.1% in Singapore and the Philippines, […] More