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macy macon

Dollar at Highest Level against Euro in 10 Months - 0 views

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    "The US dollar advanced the most against the euro in 10 months as the ECB said that the euro region still faces risks. It is felt that the interest-rate cuts by ECB may not be enough to control the debt crisis in the euro bloc. "
macy macon

Euro Leaders Agree on Deal for Struggling Banks - 0 views

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    "Euro leaders have agreed to radically restructure Spain's €100bn bank recapitalization plan. EU funds will now be directly injected into staggering Spanish financial institutions, indicating that the Spanish government will be able to avoid the burden of the bailouts from its sovereign books."
macy macon

Euro Leaders Look to ECB for Support to Tackle Crisis - 0 views

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    "The political leaders of European countries will be approaching the European Central Bank this week to get help for reinforcing gains after their moves to calm markets and accelerate the integration of the euro bloc."
macy macon

Australian Dollar near Record High Against Euro - 0 views

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    "The Australian dollar reached a level which was just 0.6 percent less than a record high against the euro just before the European Central Bank and Bank of England are scheduled to meet to discuss ways to provide economic stimulus for boosting demand for currencies tied to growth. "
macy macon

Euro Falls to Two Year Low against Dollar - 0 views

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    "Euro has fallen to a two-year low versus the dollar and weakened against all of its 16 most-traded peers. It dropped as much as 0.6 percent to $1.2235, the lowest since July 2010, before trading at $1.2250 at 5 pm New York time."
macy macon

Wall Street Ends Sour Quarter on a High Note - 0 views

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    "Wall Street stocks surged on Friday on the strength of an agreement by European leaders to stabilize the euro region's banks, to end a difficult quarter on a high note. S&P 500 had its best day since December 20. "
gbcoalition

CBI: Response to the publication of the EU's guidelines for the Brexit negotiations - 0 views

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    With well over 600 billion euros worth of trade every year between the UK and EU, the economic case for making rapid progress on a trade agreement is crystal clear.
macy macon

Ford (F) Expects International Losses to Triple in Q2 over Europe's Crisis - 0 views

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    "Ford Motor expects that it losses for its international operations will increase threefold in the second quarter from the first quarter loss, mainly because of Europe's economic woes."
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