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Tag: Spain

Spain Sells 3.6 Bln Euros of Debt, Yields Slump on Rising Hopes to Lower Borrowing Cost

Aug 28 2012 10:01:03 Forexbrokerz.com in Market

Spain comfortably sold 3.6 billion euros of short-dated debt with yields sliding from July The Treasury sold 1.7 billion euros of 3-month bills, and 1.9 billion euros of 6-month bills, The yield on the 3-month bill was 0.946 pct, compared with 2.434 pct and was 2. Read more

Spain Final Q2 Gdp -0.4 Pct Q/q, -1.3 Pct Y/y - Ine

Aug 28 2012 08:01:04 Forexbrokerz.com in Market

News Spain final Q2 GDP slipped 1.3 pct y/y against the estimated fall for 1.0 pct, The Q1 GDP revised down 0.6 pct compared to 0. Read more

Spain to Use Around 60 Bln Euros to Recapitalize Banking System- Report

Aug 27 2012 08:31:03 Forexbrokerz.com in Market

Spain will use up to around 60 billion euros of a rescue package aimed at helping recapitalize its fragile banking system, Economy Minister Guindos said according reports Guindos also said he expected the ECB to start buying Spanish debt to ease the country's financing needs He also added that wi... Read more

Spain to Pass Key Energy Sectors Reform in Two Phases - Sources

Aug 24 2012 19:01:03 Forexbrokerz.com in Market

Spain will pass energy sector reforms in two phases, first a new tax regime for the industry and later an overhaul of the energy market - Sources Spain has said about 8. Read more

Spain Is Not in Talks With Ez Over Financial Assistance - Deputy Pm

Aug 24 2012 14:01:04 Forexbrokerz.com in Market

Spain's deputy PM said that Spain is not in talks with the EZ over financial assistance to lower its borrowing costs The spokesman for economic affairs said that there isno negotiation under way beyond the financial talks The material has been provided by Instaforex Company - instaforex. Read more

Research: Spain poised to be buffeted by Opposing Market Forces

Aug 24 2012 08:31:04 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -With respect to Spain more concretely, we proffer the idea that without a detailed ECB purchase plan and uncertainty over how the central bank will resolve the  issue of  seniority over private sector debt holders, Spain ... Read more

Spain in Discussion With Ez Over Sovereign Aid -Sources

Aug 23 2012 16:31:03 Forexbrokerz.com in Market

Spain is negotiating with the euro zone over conditions for international aid to bring down its borrowing costs, three sources told Reuters No specific figure for aid has been discussed in the talks, one of the sources said. Read more

Spain Debt Costs Drop Sharply As Investors Bet on ECB Action

Aug 21 2012 09:31:04 Forexbrokerz.com in Market

The Treasury sold 4.5 billion euros of 12- and 18-month T-bills, at the top end of its target of between 3.5 billion and 4.5 billion euros, though demand was mixed. The average yields fell to 3.070 pct on the 12-month bill from 3.918 pct in July, with 3.5 billion euros of the paper sold. Read more

Spain Trade Deficit Contracts in June, for Fifth Straight Month, on Lower Imports

Aug 16 2012 12:01:03 Forexbrokerz.com in Market

Spain's trade deficit shrank by 31.2 pct from year ago period to 2.7 billion euros on increased exports and decreased imports Total exports from Spain rose by 5.1 pct in June while imports slipped 1.4 pct year-on-year The trade deficit in the H1 of 2012 fell 22.5 pct to 18. Read more

Spain Awaits ECB Plans Before Seeking Further Help

Aug 14 2012 13:01:03 Forexbrokerz.com in Market

Spain's Rajoy said he would wait for the ECB to detail its plans before taking a decision on seeking further help from the EU to ease his country's high funding costs. He also said that"Until we know what decision the ECB has taken on this matter, we aren't going to take one either. Read more

Outlook for Greece, Portugal and Spain have Darken Further - Reuters Poll

Aug 09 2012 15:01:08 Forexbrokerz.com in Market

Reuters poll this week show that forecasters slashed their 2013 economic outlook for Greece, Portugal and Spain While the survey pointed to a reduced likelihood depression-mired Greece will exit the euro zone soon, The survey also underlined why Spain is the new focal point of the bloc's sover... Read more

Dbrs Cuts Spain to A(low), held Ireland Ratings, Both Above Key ECB Collateral Level

Aug 08 2012 17:31:04 Forexbrokerz.com in Market

DBRS on Wednesday cut Spain to A (low) and held Ireland at the same rating, but kept both countries above a key level for European Central Bank collateral requirements. Read more

Spain June Industrial Output Continues To Fall

Aug 08 2012 08:01:03 Forexbrokerz.com in Market

The downturn in Spain's industrial production continued in June, the statistical office INE showed Wednesday. Industrial output was down by adjusted 6.3 percent annually, slower than the 6.5 percent decline logged in May. Economists had forecast a 6.2 percent drop for June. Read more

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