The ECB, IMF & European Commission
Sunday, 10 April 2011 06:02
The ECB, IMF and the European Commission will be meeting this coming week to determine the exact details of Portugal’s bailout, Portugal is the third European nation to require a bailout since the global crisis occurred in mid 2009.
Read MoreECB’s long awaited announcement is nearing
Thursday, 7 April 2011 11:26
The long anticipated announcement by the European Central Bank is due today at 11:45 GMT, as eager investors tune in to see ECB’s decision on raising the interest rates. Fairly confident that a raise is prominent, this will turn the European market upwards once again.
Read MoreDemand for Precious Metals Strengthens
Wednesday, 6 April 2011 04:55
Gold gains again in London and New York as investors bought the metal on concern that global interest-rate increases will reduce growth and of the back of that the dollar slumped against the euro.
Read MorePortugals borrowing costs escalated dramatically
Wednesday, 6 April 2011 04:33
Portugal’s borrowing costs escalated dramatically at an auction of Euro 1.6bn worth of short-term bonds this morning
Read MoreEuroland
Thursday, 31 March 2011 11:54
Bank of Ireland slid 11% amid speculation the government may be forced to take a controlling stake following tomorrow’s stress tests. After European markets closed, it has been revealed that three of Ireland’s biggest banks may have to raise a combined 9 billion euros ($12.7 billion) in capital.
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