Is Portugal Next?

Wednesday, 13 April 2011 07:12

Former Portuguese PM has outlined a aid package to Portugal of over 80 billion euros, but it will only be paid after a June 5th election.

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Industrial output in Euroland rose

Wednesday, 13 April 2011 05:11

Industrial output in Euroland rose by less than expected in February, manufacturing increased in Germany and resumed growth in other members but fell in bailout strapped Greece and Ireland.

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Australian stocks recouped early losses

Wednesday, 13 April 2011 03:54

Australian stocks recouped early losses and ended 0.3 percent higher Wednesday, with investors taking profits on miners and switching into banks. The benchmark S&P/ASX 200 index gained 12.3 points to close at 4,911.0, according to the latest data

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Oil dropped almost 0.6 % in London trading today

Wednesday, 13 April 2011 03:04

Oil dropped almost 0.6 % in London trading today as Libyan rebels said they would accept an agreement for leader Muammar Qaddafi to relinquish power.

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EuroDollar trading 1.45

Wednesday, 13 April 2011 01:25

For the second time in as many days the Euro has crossed the 1.45 level, previously 1.45157 was a high and then 1.45152. In both instances the market pulled back immediately under heavy selling pressure.

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