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Tag: Europe

Europe Aug. Commercial Vehicle Sales Growth Improves: ACEA

Sep 29 2011 06:19:02 Stanimir Zhelev in Market

European new commercial vehicle sales increased at a faster pace in August, data from the European Automobile Manufacturers' Association (ACEA) showed Thursday. New registrations of commercial vehicles moved up 15.7 percent year-on-year after rising 3 percent in July, which led to an 8. Read more

Dollar Declines As Europe Moves To Stem Debt Crisis

Sep 27 2011 18:16:02 Stanimir Zhelev in Market

The dollar came under modest pressure on Tuesday, giving back more of its strong recent gains amid renewed hopes that Europe can manage its sovereign debt crisis. Read more

Dollar Rally Peters Out Amid Hope For Europe

Sep 27 2011 11:37:07 Stanimir Zhelev in Market

The dollar wobbled against other major currencies on Tuesday amid expectations EU members vote on proposed changes to European Financial Stability Facility set up to prevent a full-blown sovereign debt crisis. Read more

Europe Planning SPV To Deal With Crisis: Report

Sep 27 2011 08:39:02 Stanimir Zhelev in Market

The European Investment Bank (EIB) is planning to float a special purpose vehicle, or SPV, to deal with the escalating debt crisis in the euro area, CNBC said, according to reports. Read more

Asian Stocks, Euro edged Lower on Caution About Europe Crisis Moves

Sep 26 2011 03:10:01 Stanimir Zhelev in Market

News: Asian markets fell and trading in Euro was volatile as expectations rose for EU leaders, under pressure from tumbling markets, might agree on bolder steps to deal with the crisis Nikkei fell 1.7 pct, while MSCI's broadest index of Asia Pacific shares outside Japan was down 0. Read more

Research: Asian Markets have Not Really decoupled from US and Europe

Sep 23 2011 13:07:02 Stanimir Zhelev in Market

Quotes from Standard Chartered: -Since the last crisis in 2008, a number  of market strategists have called for a decoupling of Asian credit markets from those of the US and Europe on the back of Asia's stronger economic fundamentals. Read more

Central/Eastern Europe Economic Sentiment Weakens Further In September

Sep 23 2011 09:40:06 Stanimir Zhelev in Market

Economic confidence in the Central and Eastern Europe (CEE), including Turkey, deteriorated for the fourth consecutive month in September, data from a survey conducted by the Center for European Economic Research (ZEW) and Erste Group Bank showed Friday. Read more

Research: Final Outcome of Any Resolution to Crisis in Europe Is Unpredictable

Sep 21 2011 14:02:03 Stanimir Zhelev in Market

Quotes from Barclays Capital: -The crisis in Europe is complex. It requires real economic adjustment in a number of countries. However, at the same time, it requires fundamental political resolutions within Germany. Read more

Research: Uncertainty About a Potential Economic Catastrophe in Europe Has Compounded

Sep 21 2011 13:58:07 Stanimir Zhelev in Market

Quotes from Barclays Capital: -Uncertainty about a potential economic catastrophe in Europe has compounded. Indeed, in our opinion, it is no longer a question of how Greece will play out. Read more

Europe Stock Index Futures Point to Early Losses

Sep 21 2011 06:31:02 Stanimir Zhelev in Market

News: By 0602 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were down 0.6 - 0. Read more

Europe Must Get Its Act Together to Deal the Crisis - Imf's Blanchard

Sep 20 2011 14:09:11 Stanimir Zhelev in Market

News: European leaders must get its act together to help region come out of crisis - IMF's Blanchard Quotes: "There is a wide perception that policymakers are one step behind the action, markets," - Olivier Blanchard "Europe must get its act together". Read more

EU's Almunia: Europe May Need Further Bank Recapitalization

Sep 20 2011 13:35:09 Stanimir Zhelev in Market

Intensifying sovereign debt crisis could lead to more European banks requiring recapitalization, European Union Competition Commissioner Joaquin Almunia said Tuesday. Read more

Crude Oil slips on Stronger Dollar and Europe Debt Concerns

Sep 19 2011 04:07:15 Stanimir Zhelev in Market

News: Brent crude fell to $111.21 a barrel, and traded at $111.30 a barrel at 0238 GMT, while U.S. crude was dwon $1.2 a barrel to $86. Read more

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