Monthly Archives:  September 2011

  • ECB Steps Up Purchases of Italian, Spanish Bonds

    Full Story | 22nd September 2011
    The European Central Bank was buying Italian and Spanish government bonds in the markets on Thursday, traders told CNBC. The ECB started buying bonds from the two governments in early August, having welcomed promises from .
  • German ZEW points to recession risk

    Full Story | 20th September 2011
    September’s drop in the German ZEW index is another sign that the economy is suffering from slowing global demand growth and troubles in the euro-zone’s periphery. The fall in the headline business sentiment indicator, which .
  • S&P Cuts Italy Rating on Weak Growth Outlook

    Full Story | 20th September 2011
    Italy’s credit rating was cut by Standard & Poor’s on concern that weakening economic growth and a “fragile” government mean the nation won’t be able to reduce the euro-region’s second-largest debt burden. The rating was .
  • Brazil seeks to help Europe via IMF

    Full Story | 20th September 2011
    Brazil will propose that it and other large emerging market countries make billions of dollars in new funds available to the International Monetary Fund as a way to help ease the crisis in the euro .
  • U.S. Index Futures Climb on Fed Speculation

    Full Story | 20th September 2011
    U.S. stock futures rose, signalling the market may recoup some of yesterday’s drop, as speculation the Federal Reserve will provide more stimulus for the ailing economy outweighed a downgrade of Italy’s credit rating. Berkshire Hathaway .
  • EU Bank Recap Could Be Under 100 Billion Euros

    Full Story | 20th September 2011
    Europe’s grand plan to strengthen its banking system is set to fall well short of current market expectations, identifying a capital shortfall of less than 100 billion euros that must be made up over the .
  • Market News

    Full Story | 20th September 2011
    European Markets The opening calls are flat. Asian Markets Indices are trading lower in the current session.   US Markets U.S. stocks trimmed earlier losses by more than half Monday afternoon, amid hopes that Greece .
  • Market News

    Full Story | 19th September 2011
    European Markets European Markets are called to open negative this morning. Asian Markets The euro weakened against the dollar for a second day, while Asian stocks dropped after European policy makers failed to introduce a .