Spain
Investors Worried about Europe and China
June 25, 2012
The last week of June started on a down note, with softer share prices, bond yields, European currencies and oil prices. There have been few data releases so far this Monday, but three U.S. indicators are scheduled. Press reports over the weekend claim that China’s economy has slowed more abruptly than official data imply. According […] More
New Jitters About Euroland Peripherals
December 15, 2010
The dollar was buoyed as Moody’s flagged a risk that Spain’s Aa1 sovereign debt rating might get downgraded. Greece was hit by more worker strikes today, disrupting transportation in that economy. The U.S. currency rose 0.7% against sterling and the Australian dollar, 0.4% versus the euro and kiwi, 0.3% relative to the Swiss franc and […] More
Asian Stocks and Dollar Are Weaker
July 15, 2010
The dollar fell by 0.7% against the euro, 0.6% against the Swiss franc and sterling and 0.2% versus the yen and Canadian dollar. The U.S. currency firmed 0.2% against the kiwi and 0.1% against the yuan and Australian dollar. Equities in the Pacific Rim lost 1.7% in China, 1.5% in Hong Kong, 1.1% in Japan, […] More
New Uneasiness About European Public Finances
June 16, 2010
Officials denied market rumors of a big aid package being forged for Spain. German 10-year bund yields rose 3 basis points, and spreads of Spanish, Portuguese, and Greek sovereign debt yields above bunds have widened to 219, 295, and 651 basis points. The dollar advanced 0.3% against the euro and yen, 0.2% against the Canadian […] More
