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Tag: Spain

Research: Spain Budget Likely to be voted Through Without Facing too Many Hurdles

Apr 02 2012 12:31:14 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Last Friday, Spain unveiled €27.3bn (2.4% of GDP) of austerity measures with €12.3bn of tax revenues(hereof €5.3bn on corporates and €2.5bn from a temporary tax amnesty on unpaid taxes). Read more

Research:challenge Now Facing Spain Is to Lower Its Unemployment Rate

Apr 02 2012 10:31:23 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -To achieve Spain's new deficit target of 5.3% of GDP for 2012, versus the original goal of 4. Read more

Research: Eurozone Outlook Improving But Still in Jeopardy due to Spain

Apr 02 2012 10:31:23 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Despite successful LTROs and PSI operations, the market view on the eurozone is still unclear, with IMF estimates remaining hopeful for  eurozone countries, in contrast with a disturbing trends for US debt (that will not be ad... Read more

Research: Financial Markets Nervous on Spain

Apr 02 2012 10:31:22 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -The 10-year yield spread between Germany and Spain is climbing again, with a deeper market focus on the Spanish economy. -CDSs in Europe are sharply up as fears of a new eurocrisis surface again. Read more

Not Discussing Using Firewalls for Spain says Italian Minister

Mar 30 2012 14:31:23 Forexbrokerz.com in Market

News Euro zone finance minister are not discussing anything related to using firewalls for Italy at the moment said Italin Deputy Econ min He however clarified that hiking current base is useful in negotiating more fund  thorough G20 at IMF for European Union The material has ... Read more

Spain Aims to Save 27 Bln Euros in 2012 Budget

Mar 30 2012 14:01:21 Forexbrokerz.com in Market

News Spain will save 27 bln euros according to proposal presented in 2012 budget by hiking corporate taxes, freezing wages and cutting ministerial spending by 16. Read more

Spain March Hicp Rose in Line With Expectations

Mar 29 2012 08:01:04 Forexbrokerz.com in Market

News Spain HICP rose 1.8 pct y/y in line with expectations, but slightly lower than 1.9 pct posted in Feb Spain's national consumer price index rose by 1.9 pct in Mar, down from 2.0 pct in Feb. The material has been provided by Instaforex Company - instaforex. Read more

Spain Central Govt Deficit at 20.7 Billion Euros in Jan-Feb of 2012

Mar 27 2012 16:31:07 Forexbrokerz.com in Market

News Spain's central govt deficit was 1.9 pct of GDP from Jan to Feb, or 20.7 billion euros The central govt deficit excludes the social security system or regional govt accounts The material has been provided by Instaforex Company - instaforex. Read more

Spain Raises EUR 2.6 Bln From Bill Auction

Mar 27 2012 11:01:06 Forexbrokerz.com in Market

Demand for Spain's treasury bills decreased at its latest auction on Tuesday. The Treasury raised altogether EUR 2.6 billion from 3-month and 6-month bill issue. It sold EUR 1.08 billion 6-month T-bills at 0.836 percent yield. The yield rose from 0.764 percent from the prior auction. Read more

Research: Not Quite Symptoms of a Financial Sector on the Mend in Spain

Mar 23 2012 11:31:04 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -The glass for EU periphery debt was half full for the first two months of 2012 thanks in part to the ECB. Read more

Research: Funding Levels for Spain may Again be Worsening

Mar 23 2012 11:31:04 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Spanish 10y yields are up 70bp this month and returned above 5. Read more

Spain Borrowing Costs Continues to Ease on Bill Sales

Mar 20 2012 10:31:06 Forexbrokerz.com in Market

News Spain's financing cost on its short-term debt declined on Tuesday The Treasury sold 3.6 billion euro's of 12-month bills, and 1.45 billion euro's of 18-month bills. The average yield on the 12-month bill was 1.418 pct, down from 1.899 pct in Jan and it was 1.711 compared with 2. Read more

Spain Leading Index Rises For Second Month

Mar 16 2012 11:01:09 Forexbrokerz.com in Market

Spain's leading economic indicator increased for the second month in January, data from a survey by the think tank Conference Board showed Friday. The leading economic index advanced 0.5 percent to 105.3 in January from 104.8 in December. In November, the index declined 1 percent. Read more

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