Tag Archives: euro
Stocks Fall as Euro Hits Four-Month Low; Italy Bonds Drop
*from www.bloomberg.com, Mar. 27, 2013 (To view original article click here.)
Take Away #1: Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped over concerns...
Stocks, Euro Slump as Enthusiasm for Cyprus Bailout Fades
*from www.bloomberg.com, Mar. 25, 2013 (To view original article click here.)
Take Away #1: Stocks slid, erasing early gains, amid concern that Cyprus’ bank restructuring plan will pave the way for losses on deposits in other European nations.
Key...
ECB Gives Cyprus Funding Deadline as New Plan Sought
*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.)
Take Away #1: Protests erupt outside Parliament as President Nicos Anastasiades maneuvered at home and in Russia to stave off financial collapse.
Key Facts and Figures:
Cypriot...
Cyprus Rejects Deposit Levy in Blow to European Bailout
*from www.bloomberg.com, Mar. 19, 2013 (To view original article click here.)
Take Away #1: Cyprus’s parliament rejected an unprecedented levy on bank deposits.
Key Facts and Figures:
This deals a blow to European plans to force savers...
Euro, Stocks Fall as U.S., German Bonds Advance on Cyprus
*from www.bloomberg.com, Mar. 18, 2013 (To view original article click here.)
Take Away #1: The euro weakened to its lowest level this year, while stocks and commodities slipped, as the levy on Cyprus’s bank savings renewed concern about...