Greece
Wednesday, February 08, 2012 Greece
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18:59 :
EURUSD Heading to 1.3350's -
After Bernanke’s testimony and the rumors about positive outcome from Greece negotiations, the pair broke 1.3220, heading to 1.3285's. 1.3240-1.3350 is my sell zone for medium term. The upside move can continue till 1.3440's, but I don’t ...
18:48 :
Valuation Reality Check In Whole Foods (WFM, KR, SWY) -
Headlines Ben Bernanke repeats earlier FOMC statement A market short of Euro triggered stops above 1.3250, may proceed to squeeze higher to 1.3385 Europe now seen crying wolf when it comes to a Greek deal Deutsche Bank’s Mayer says Greece ...
17:59 :
Global stocks inch up, euro near flat; Greece deal eyed -
World stocks edged higher and the euro ended flat on Wednesday as investors focused on whether the latest meeting of Greek political leaders will finally result in reforms to help the country avoid a messy default.
17:58 :
Wall Street ends flat; Cisco gains after the bell -
Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default.
17:05 :
Greece to face hard cuts - Troika draft -
After three days of delays, Greek coalition leaders agreed on a draft deal on austerity measures demanded by the Troika (Monetary Fund, European Union, and European Central Bank) to secure a €130 billion bailout. According to the first copy obtained ...
17:01 :
Greece prepares for crucial bailout talks -
(ATHENS) Greek coalition leaders are preparing their responses to a draft deal on harsh cutbacks creditors are demanding to approve a 130 billion euro (S$215 billion) bailout that will help the country avoid a looming
bankruptcy next ...
16:35 :
Greece Nears Agreement on Bailout Package -
Officials in Brussels said that the announcement of a meeting of euro zone finance ministers suggested that an agreement in principle was likely among Greek political parties.
16:34 :
Greek debt not sustainable with 70 pct haircut: S&P -
Greece will likely fail to achieve sustainable debt levels if it only resorts to a 70 percent reduction in the value of bonds held by private creditors, Standard & Poor's warned on Wednesday, putting pressure on the
ECB ...
16:33 :
Wall Street ends little changed; Greek plan -
Stocks closed flat in another thinly traded session on Wednesday as Greece remained at a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default.
16:29 :
Global Securities Tread Water as Greece Negotiates -
Global securities, whether stocks, commodities or currencies, held earlier gains or losses Wednesday as the world awaited the outcome of talks between debt-choked, strife-torn Greece and benefactors demanding more tax hikes and government ...
16:19 :
Stocks close flat as Greece talks drags on -
Stocks closed little changed Wednesday as investors waited for Greece to accept reforms in exchange for a bailout, but underlying confidence kept the Dow near its almost four-year high.
15:49 :
As Deal Gets Closer, Greeks Pushed Toward Deeper Cuts -
Greece is in need of another bailout from its European rescuers before a big bond payment comes due March 20, and with the market anxiously awaiting news of a deal officials were weighing even stricter austerity measures Wednesday ahead ...
15:48 :
U.S. stocks veer towards gains on Greek report -
NEW YORK (MarketWatch) -- U.S. stocks listed upward Wednesday as investors reacted to a Bloomberg News report that Greece had drafted a new financing deal with the European Union and International Monetary Fund. Greece will ...
15:47 :
Greece to cut minimum wage in troika deal: report -
SAN FRANCISCO (MarketWatch) -- Greece promised to reduce the minimum wage by 20% and lower pension payments as part of a deal with the International Monetary Fund and the European Union to secure much needed funds, Bloomberg News reported ...
15:46 :
Stocks trade mixed as Greek debt talks drag on -
Stocks were mixed Wednesday afternoon as investors waited for news about whether Greece would hammer out a cost-cutting deal it needs to keep from defaulting on its debt.Click to Continue »
15:25 :
Gold Prices Fall on Greek Debt Drama -
#xD; #xD; NEW YORK (TheStreet ) --
Gold prices tracked the euro lower Wednesday as the market was jittery waiting for a Greece debt deal. #xD; #xD;
Gold for April delivery closed down $17.10 at $1,731.10 an ounce at ...
14:44 :
Treasurys turn up in afternoon trade -
NEW YORK (MarketWatch) -- Treasury prices turned up slightly in afternoon trading Wednesday, pushing 10-year and 30-year yields down, after the government's sale of 10-year notes and as no decision came out of Greece as the day ended there. ...
14:04 :
Wall Street little changed as Greece talks drags on -
Stocks fluctuated around break-even on Wednesday as investors waited for Greece to accept tough reforms in exchange for a new bailout, but underlying confidence kept the Dow near its almost four-year high notched on Tuesday.
13:45 :
Frustration as Greece seeks elusive bailout deal -
Greek party leaders finally gathered on Wednesday to agree a reform deal in return for a new EU/IMF rescue to avoid a chaotic default, after repeated delays which have prompted warnings that the euro can live without Athens.
13:14 :
Delays and splits in the Greek deal -
Another round of talks between Greece government and the Trokia and another delay in the decision. Today the salad comes with a pinch of salt: According to Reuters sources, the
ECB is still divided on what to ...
13:01 :
Stocks lower as Greece talks drag on -
Stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors waited for Greece to accept tough reforms in exchange for a bailout.
12:53 :
Wall Street lower as Greece talks drag on -
Stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors waited for Greece to accept tough reforms in exchange for a new bailout.
12:17 :
Stocks open mixed as Greek talks drag on -
(02-08) 06:46 PST NEW YORK, (AP) -- U.S. stocks are opening mixed as traders wait for European leaders to hammer out a bailout deal for Greece. The Dow slipped 4 points to 12,874 shortly after the opening bell. The...
12:08 :
Greek debt not sustainable with 70 percent haircut: S&P -
NEW YORK (Reuters) - Greece will likely not achieve sustainable debt levels with a 70 percent reduction in the value of bonds held by its private creditors, Standard & Poor's warned on Wednesday, putting pressure on the official sector also ...
11:54 :
Stocks fall as Greek talks drag on -
U.S. stocks fell mid-morning Wednesday as frustrations mounted over whether Greece would hammer out a cost-cutting deal needed to prevent the country from defaulting on its debt.Click to Continue »
11:41 :
Why Our Currency Will Fail: Opinion -
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.#xD; NEW YORK (ChrisMartenson.com) --The idea that the very same economic ...
11:24 :
Euro Didn't Rally Because of Bernanke -
Headlines Ben Bernanke repeats earlier FOMC statement A market short of Euro triggered stops above 1.3250, may proceed to squeeze higher to 1.3385 Europe now seen crying wolf when it comes to a Greek deal Deutsche Bank’s Mayer says Greece ...
10:57 :
Euro Steady as Greece Continues Negotiations with Troika -
The U.S. Dollar tread water as the Euro failed to find meaningful follow through on yesterday's break above 1.3200. Still, with the Euro hitting a seven-week high against the Greenback, it appears market participants are positioning themselves for a ...
10:35 :
Wall Street churns as Greek talks drag on -
Stocks began a third lackluster day on Wednesday as investors remained hesitant as Greece struggled to complete a deal on reforms in Greece in exchange for a new bailout needed to avoid a messy default.
10:31 :
Higher yielders maintain gains -
As markets haven\'t witnessed major data today; higher yielding currencies maintain gainswhere the economic calendar is kind of free, thus the optimism about Greece putting an end to its story within the coming hours continues to support ...
10:16 :
Stocks: Investors on Greece watch -
U.S. stocks opened mixed Wednesday as investors remain focused on Greece, where political leaders continue to debate austerity measures needed to secure bailout funds.
09:48 :
The Greek odyssey -
So, the farce in Greece continues, but there is good news in reports emerging (e.g.
Wall Street Journal) that the
ECB is going to give up some ground in relation to its bond holdings, although ...
09:21 :
Dollar Mostly Softer as Greek Deal Inches Closer -
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.#xD; #xD; NEW YORK (BBH FX Strategy) -- The dollar is extending its recent ...
09:04 :
Treasurys fall; 30-year yields up to 3-month high -
NEW YORK (MarketWatch) -- Treasury prices slipped on Wednesday, pushing 30-year yields to their highest since October, as reports led traders to believe that a final deal on austerity measures for Greece may be agreed upon during the session, ...
09:02 :
Currency Markets Steady -
Currency markets were holding steady in tight ranges in European trading as participants refrained from placing new bets without firm news of a political deal in Greece.
09:01 :
Greece Hope Boosts U.S. Futures -
U.S. stock index futures traded slightly higher on hopes that Greece will soon ink a deal clearing the way for a second bailout that will allow it to avoid default.
08:46 :
Frustrations Build as Greece Drags its Heels -
After repeated delays, Greek parties will try to agree to a reform deal Wednesday that would allow the country to receive a fresh EU/IMF bailout and avoid a disastrous default.
08:25 :
Greece stays in play as futures edge higher -
NEW YORK (Reuters) - Stock index futures edged higher on Wednesday as leaders in Greece again attempted to reach a deal on reforms in exchange for a new bailout.
07:50 :
Euro Hits Eight Week-High as Crisis Talk Progress -
The speculation of progress in the Greece crisis catapulted the Euro to an eight-week high on a day that saw the yen fall against major currency. Investors were looking forward to positive results from Greece in its efforts ...
07:49 :
Greece missed the dead line again! -
Greek Prime Minister Lucas Papademos is set to negotiate with leaders of the political parties supporting his government after Greece missed yet another deadline to secure a second rescue package. Papademos held an unscheduled meeting late ...
07:40 :
Euro Hits Eight-Week High on Greek Deal Hopes -
European shares rose, while the single currency notched its highest level in eight weeks, as traders grew more hopeful Greece will strike a deal with international creditors and avoid a default.
06:55 :
Stocks to open higher on hopes for Greece -
U.S. stocks were set to take another step higher Wednesday, extending gains from the previous day, as hopeful investors continue to bet that Greece will soon secure the bailout it needs to avoid a disorderly default.
06:39 :
ECB could surrender to save Greece - Breakingviews -
Feb. 8 - Noises out of Frankfurt suggest the
ECB may not demand Greek bond repayment at face value, which would help the country inch closer to a deal, says Reuters Breakingviews assistant editor, Robert Cole.
04:57 :
Still waiting for Greece -
The USD has taken a steady path of recent days, with little move in either direction, reflecting the general malaise in currency markets waiting for an outcome to the Greek debt talks. However, hopes that an agreement will be announced shortly saw the ...
04:25 :
Fundamental Oil Report (2012-02-08) -
Crude oil recovered well yesterday and rose significantly erasing past losses to trade now around $99, amid signs of reaching a deal in Greece to ensure receive the second bailout by 130 billion and avert a default situation, also, the unexpected ...
03:59 :
Euro Benefits From Greece Optimism -
Market Brief The euro has rallied strongly over the last 24 hours as speculation mounts that Greece is close to resolving some of the outstanding issues standing in the way of securing further bailout cash. Yesterday afternoon, a Greek government ...
03:58 :
This was also the case for EUR/USD trading -
On Tuesday, markets were again ‘desperately’ looking for white smoke from Greece. At first, markets were still in a wait-and-see mode as uncertainty on an agreement weighed with trading mostly driven by technical considerations. This was ...
03:55 :
Euro, shares higher on hopes for Greek deal -
The euro was at eight-week high and European shares rose on Wednesday on hopes that a deal on a second bailout for Greece was close, shrugging off data illustrating the damage the debt crisis has done to the region's economy.
03:38 :
Europe stocks advance, with banks, miners higher -
MADRID (MarketWatch) -- European stock markets opened higher on Wednesday, with banking and resource stocks higher as investors continued to monitor events in Greece. The Stoxx Europe 600 index rose 0.5% to 264.88, with banks leading -- ...
03:23 :
European stocks rise as Greek resolution eyed -
European stocks opened higher on Wednesday, breaking a two-day losing streak, thanks to a string of upbeat corporate outlooks and as investors bet that Greece will finally secure the bailout it needs to avoid a chaotic default.
02:59 :
USD gains against the yen -
Asian Market Update: Markets hopeful for a solution in Greece; USD gains against the yen Economic Data - (JP)
JAPAN DEC CURRENT ACCOUNT TOTAL: ¥303.5B V ¥340BE; ADJUSTED CURRENT ACCOUNT TOTAL: ¥752.3B V ¥625BE (3-month high); CURRENT ACCOUNT ...
01:23 :
Greece - Deal or No Deal -
The continuous headline trading on the EUR continues. One minute everyone is at the table negotiating and the deal is going to get done and the EUR surges. Then Greece leaves the table over some international lenders over spending cuts. ...
01:22 :
Canadian building permits jump 11.1% in Dec -
Market wrap Risk markets nudged higher. There was speculation during the NY session that an announcement from Greece was imminent, later given credence by officials who said the PM would meet with the three coalition partners and would release ...
01:11 :
Stocks rebound in morning session -
THE Shanghai Composite Index rebound in the morning session from its biggest drop in three weeks yesterday, as oil refiners surged on increased fuel prices, and Greece made progress on its second bailout. The key...
Greece bolsa -
