Tag: European Economy 2012

In Europe: European shares fall as market braces for weak profits

8 October 2012

“We’re still quite cautious about the market,” just as you should be!

European shares fell early on Monday as investors braced for a weak third-quarter earnings season and the prospect of a greater-than-expected economic slowdown in parts of Asia. Read more…

In Europe: Exclusive: Euro zone considering bond insurance for Spain – sources

4 October 2012

Market likely to be optimistic with “growing expectations that Madrid will apply for assistance.”

The euro zone is considering aiding Spain by providing insurance for investors who buy government bonds in a move designed to maintain Spanish access to capital markets and minimize the cost to European taxpayers, European sources said. Read more…

In Europe: European shares bounce back, led by peripheral markets

2 October 2012

Bailout request set to lift markets…trying times I’d say.

European stocks rose around midday on Tuesday, reversing early losses and led by peripheral markets on growing expectation of a near-term bailout request from Spain.

Read more…

In Europe: European shares slip on China slowdown, Spain worries

20 September 2012

Modest day of trading ahead as “stimulus… takes a while to kick in.”

European shares fell in thin trade on Thursday as disappointing Chinese manufacturing data weighed on cyclical stocks and euro zone banks continued to retreat on uncertainty about if and when Spain would apply for a bailout. Read more…

In Europe: European stocks pause after rally, uptrend intact

17 September 2012

“There’s no need to wait for a pull-back because the trend is very strong…” Famous last words?

European stocks were down around midday on Monday as investors took a breather following a sharp two-week rally and a key index hit strong resistance, although the retreat could be short-lived as recent central bank moves boost risk appetite. Read more…

In Europe: Euro, stocks rise to session highs on ECB report

5 September 2012

Who says the fun stops after summer? Look out, volatility ahead!

The euro and European stocks rose on Wednesday on media reports that the European Central Bank would, with broad support from its council members, unveil an unlimited, sterilised programme of bond purchases. Read more…

In Europe: European shares fall, led by Swiss market after GDP

4 September 2012

Who will provide a solution as “I don’t think that they themselves necessarily know how to fix the crisis.”

European shares fell on Tuesday as investors turned cautious in the run-up to a European Central Bank (ECB) meeting, with the Swiss market lagging after figures showed an unexpected contraction in the country’s economy. Read more…

In Europe: Greek PM sings in tune, now must hit the hard notes

3 September 2012

Greece looking to make “first step is to regain credibility.”

When Jean-Claude Juncker, head of the euro zone’s finance ministers, arrived in Athens last week, Greek Prime Minister Antonis Samaras ran down red-carpeted steps to envelope him in a warm embrace. Read more…

In Europe: Merkel Allies Signal Greece Concessions Before Samaras Visit

21 August 2012

One hand can’t clap right? “Signs of an easing in Germany’s resistance to granting Greece more room.”

Concessions are possible for Greece so long as Prime Minister Antonis Samaras shows a willingness to meet the main targets set out in his country’s bailout program, a senior lawmaker with Chancellor Angela Merkel’s party said. Read more…

In Europe: Euro zone economy shrinks despite German growth

14 August 2012

No need to get excited, “this could be the last positive piece of news out of Germany for some time.”

The euro zone’s debt-ravaged economy shrank in the second quarter, having flatlined in the first, despite continued German growth which economists said could soon be snuffed out. Read more…

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