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Tag: Europe

Brazil Says Emerging Countries Want Europe To Boost Firewall First

Feb 26 2012 12:31:03 Stanimir Zhelev in Market

Emerging countries are ready to contribute to the International Monetary Fund's lending resources only if Europe strengthens its financial firewall to contain the debt crisis, Brazilian Finance Minister Guido Mantega said. Read more

Australian And New Zealand Dollars Slide On Europe Woes

Feb 23 2012 02:31:04 Stanimir Zhelev in Market

The Australian and New Zealand dollars declined against other major currencies in early Asian trading on Thursday amid renewed concerns over the lingering debt situation in Europe. Read more

U.s. Officials Urge Europe to Step up Measures to Deal With Crisis

Feb 16 2012 16:31:08 Stanimir Zhelev in Market

News Senior Obama administration officials urged Europe to step up efforts to contain risks before they balloon into financial contagion Officials said that Europe has all the resources to deal with its crisis The material has been provided by Instaforex Company - instaforex. Read more

Europe Car Registrations Decline Further: ACEA

Feb 16 2012 07:31:04 Stanimir Zhelev in Market

Europe's demand for new cars declined further in January, the European Automobile Manufacturers' Association, or ACEA said Thursday. New car registrations totaled 968,769 units in January, down 7.1 percent from a year ago. The decline was bigger than December's 6.4 percent fall. Read more

Risk from U.s., Europe reduced on Recent Positive Developments -World Bank Economist

Feb 16 2012 03:31:03 Stanimir Zhelev in Market

News World Bank's chief economist Augusto de la Torre said on Thursday that the recent positive developments have reduced the risk to the Latin American economy from U. Read more

Dollar Pauses As Chinese Signal Support For Europe

Feb 15 2012 13:01:14 Stanimir Zhelev in Market

The dollar was moving sideways Wednesday morning in New York, holding this week's gains amid mixed signals about the health of the European economy. Read more

Australian And New Zealand Dollars Gain After China Vows Aid To Europe

Feb 15 2012 04:31:04 Stanimir Zhelev in Market

During the Asian session on Wednesday, the Australian and New Zealand dollars climbed against their major counterparts after People's Bank of China Governor Zhou Xiaochuan assured China's support to Europe in resolving its debt crisis. Read more

PBoC's Zhou Pledges Support To Europe

Feb 15 2012 04:01:06 Stanimir Zhelev in Market

People's Bank of China Governor Zhou Xiaochuan said that China will continue to invest in European government debt, echoing remarks made by Premier Wen Jiabao on Tuesday. Read more

Fed's Lockhart says U.s. Economy Vulnerable to Potential Europe "wildfire"

Feb 15 2012 01:31:12 Stanimir Zhelev in Market

News Federal Reserve official Dennis Lockhart said on Tuesday that U. Read more

Dollar Gains As BoJ Eases, Europe Woes Linger

Feb 14 2012 18:01:03 Stanimir Zhelev in Market

The dollar rallied versus other currencies on Tuesday, supported by its safe haven appeal after a major ratings agency warned that France and the U.K. may lose their pristine credit ratings. Read more

Europe Debt Increases, Still Below Us, Japan

Feb 06 2012 14:31:04 Stanimir Zhelev in Market

News EU total Govt debt rose slightlyto 82.2 pct of economic output in the Q3 of 2011, while debt in the 17-nation euro zone declined to 87.4 pct of output. U.S. debt-to-GDP hit 100 pct in 2011 and under its currenttrajectory would exceed 115 pct of GDP by 2016. Read more

Research: Debt Servicing Remains High in Europe

Feb 06 2012 11:31:11 Stanimir Zhelev in Market

Quotes from Societe Generale Cross Asset Research: -Peripheral countries still have high debt servicing needs for 2012 and 2013. -Decrease in rates remain key to enabling countries such as Italy to refinance at a satisfactory price. -Banks have a key role to play in this environment. Read more

Dollar In Doldrums As Most Of Europe Accepts Reforms

Jan 31 2012 12:31:04 Stanimir Zhelev in Market

The dollar continued to struggle versus the euro Tuesday morning in New York, as Greek officials assured that a deal between the nation and its private creditors is imminent. Read more

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