Deficit Concerns Resurface on Fringe of Eurozone

Sunday, June 20, 2010 8:00
Posted in category stock market

euros.noteAfter bonds in the periphery countries of the eurozone all sank on renewed concerns over fiscal deficits, the stock markets were cautious and the euro eased against the dollar.
The bonds of Spain, Portugal and Greece fell in tandem, pushing their yields sharply higher and their spreads over benchmark German Bunds wider, as nerves crept back into the debt markets after several days of relative calm.
The analysts expected that some retracement given tha lots of global stock indices had advanced strongly over the past week.

Share and Enjoy:

  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Technorati
  • Twitter
  • Live
  • MySpace
  • Netvibes
  • StumbleUpon
  • NewsVine
  • Ping.fm
  • Reddit
  • Yahoo! Bookmarks

Related posts:

  1. Concerns Resurface at Google’s Search Priorities
    Dispute broke out last week over Google’s latest attempt...
  2. Norwegian Move Boosts Eurozone Bonds
    Eurozone bond markets were lifted significantly with one of the...
  3. Markets Volatile on Fears Eurozone Due to Debt Crisis
    European shares are traded on fears that the debt crisis...
  4. Calls for United to Eurozone Crisis
    Mario Monti, the Italian prime minister has called for a...
  5. Eurozone Bond Investors Accused of Overreacting to Sovereign Risk
    Investors in eurozone bond market stand accused of letting “animal...
You can leave a response, or trackback from your own site.

Leave a Reply

ss_blog_claim=525c1fce334ae6929f33f2287bed57aa ss_blog_claim=525c1fce334ae6929f33f2287bed57aa