Euroland’s shares fell sharply on Monday

Monday, 18 April 2011 08:16

The FTSE 100 closed down 125.93 points, or 2.1 %, at 5,870.08, its lowest close since March 23.

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Euro Sinking further

Monday, 18 April 2011 02:08

The Euro has broken through the 1.43 level and is currently trading at 1.4293

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Finnish elections might cause Euro to ‘panic’

Monday, 18 April 2011 11:38

Finnish elections were completed over the weekend. Three types of parties were in action, as follows: The True Finns (anti-euro) placed third collecting 19% of the votes. The ones critical of the Portuguese aid package but yet supportive of the euro (Social Democrats) assembled 19.1% and the National Coalition Party with 20.4%. As previously mentioned Finland is a one of a kind on Europe as the only country with the Parliament that votes on EU inquiries for bailout funds. Finland could vote and veto against the aid package for Portugal, which could delay provisioning in funds and ‘panic’ the EUR.

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Euroland markets trading lower.

Monday, 18 April 2011 11:16

European markets are all off this morning, continual issues with debt and inflation are ongoing.

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Gold rose to $1,488.68

Monday, 18 April 2011 09:42

Gold rose to $1,488.68 an ounce in early Asian trading. Gold for June delivery in New York also climbed to an all time high of $1,489.70 an ounce.

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