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Tag: Europe

Research: Francophone African Economies may be Vulnerable to Any renewed Downturn in Europe

Nov 28 2011 14:31:33 in Market

Quotes from Standard Chartered: -The recent crisis in the euro area has contributed to increased concern over the CFA franc zone, given the region's peg to the euro (EUR). Read more

Dollar Nearing January Highs As Europe Dithers On Rescue; S&P Cuts Belgium

Nov 26 2011 12:51:59 in Market

The dollar jumped to its highest since early October versus the euro on Friday, bolstered by fears that European officials lack the coordination to handle an escalating sovereign debt crisis. Read more

Asia suffers from Europe's blues

Nov 26 2011 10:49:08 in Market

Unsurprisingly, the uncertainty created by Europe's sovereign debt and banking crisis is infecting some of Asia's main economies. In China, exports were up by 15.9% YoY last month, the lowest percentage gain in almost two years. In addition, the level of exports was the lowest for five months. Read more

China Heading For Soft Landing, Europe Risks Remain: World Bank

Nov 22 2011 07:31:55 in Market

Economic indicators are pointing to a soft landing for the Chinese economy, and "do not signal an immediate hard landing," the World Bank said in its latest East Asia and Pacific Economic Update released on Tuesday. Read more

Fitch Says Eurozone Crisis May Hurt Emerging Europe Banks

Nov 21 2011 14:31:02 in Market

Capital and funding pressures stemming from an intensified Eurozone crisis may force the region's banks to cut funding to their units in Emerging Europe, resulting in weaker economic growth in many nations, Fitch Ratings said on Monday. Read more

Ecb's Nowotny : asked About China, Russia Investment in Euro Zone Periphery Debt, says Europe Should Be, and Is, Able to

Nov 21 2011 12:01:33 in Market


U.s. 10-Year Treasury Note Rises on Europe, U.s. Debt Worries

Nov 21 2011 07:01:02 in Market

News: U.S 10-year Treasuries rose 6/32 in price to yield roughly 1.98 pct, down 3 basis points from 2.01 pct in late U.S. trade on Friday Continued uncertainty over how euro zone leaders would respond to mounting funding difficulties for European banks and set back to deficit deal by U.S. Read more

Australian And New Zealand Dollars Extend Slide On Europe Woes

Nov 21 2011 04:03:59 in Market

The Australian and New Zealand dollars have extended their last week's slide against other major currencies in early Asian trading on Monday amid lingering uncertainty about the debt crisis in Europe. An unexpected trade deficit for Japan also hurt traders risk sentiment in Asia. Read more

Research: Cad One of the Most Sensitive to Europe

Nov 18 2011 15:01:03 in Market

Quotes from Societe Generale Cross Asset Research:-USD/CAD with a short covering underway, the CAD one of the most sensitive to Europe and a core CPI above print, downside USD/CAD pressure is risingThe material has been provided by Instaforex Company - ... Read more

Central/Eastern Europe Economic Sentiment Weakens In November

Nov 18 2011 13:01:02 in Market

Economic confidence in the Central and Eastern Europe (CEE), including Turkey fell by 11.8 points in November, offsetting last month's increase. The indicator now stays at -36. Read more

China's Adviser Calls for more Private Sector Investment in Europe

Nov 18 2011 06:01:24 in Market

News: China's c. Read more

Europe Must Implement Agreed Fiscal Reforms: Luxembourg's Asselborn

Nov 17 2011 08:01:02 in Market

European countries must implement the measures agreed at the October summit to resolve the debt crisis, Luxembourg Foreign Minister Jean Asselborn said Thursday. In an interview to Deutschlandfunk radio, he also said that the euro rescue fund need to be strengthened. Read more

IMF Europe Head Resigns

Nov 17 2011 06:01:10 in Market

International Monetary Fund's European Department Director Antonio Borges has submitted his resignation.An IMF statement on Wednesday said he had notified Managing Director Christine Lagarde of his intention to leave the Fund on "personal reasons. Read more

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