Stocks and Finance

Greece

Greece 5/18/2012

08:41 : Get ready to buy Greece - A Greek default could pave the way for investors into the country's stockmarket, says Paul Amery. Here, he tips one exchange-traded fund - not for the risk-averse.
Source : moneyweek-com
08:37 : Europe thinks the unthinkable on Greece - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, while Berlin said it was prepared for all eventualities.
Source : ibtimes-com
08:25 : Eurozone Descends into a Farce as 'Grexit' Looms Large - The elections on May 6 only made the Eurozone's problems even worse. The French and the Greeks have rejected sensible policies in favor of self-delusion. Those elections, and the failure of Greece to form a government, have actually moved ...
Source : moneymorning-com
08:21 : Euro Tumble on Greece Downgrade - Tradervox (Dublin) - Despite the euro showing some strength yesterday, it went back to a four-month low against the yen making this the third week of decline for the 17-nation currency. Concerns about the regions debt crisis have escalated forcing traders ...
Source : fxstreet-com
08:20 : Downgrades in Europe - Tradervox (Dublin) - The EUR/USD opened the day negative pushing the currency pair to four month lows of 1.2656. The pair opened the day around the 1.269 level but was hammered further into the day as the risk aversion began to grapple ...
Source : fxstreet-com
08:19 : South Pacific Dollars Set for the Biggest Weekly Decline - Tradervox (Dublin) - Commodity associated currencies such as Australian and New Zealand dollars are experiencing a huge decline due to the debt crisis in Europe. The trouble for these currencies started when France and ...
Source : fxstreet-com
05:23 : Japanese shares tumble 2.99% on Europe turmoil - Japanese shares slumped 2.99 percent today, following a sell-off on Wall Street as a credit rating downgrade for Greece and 16 Spanish banks spooked investors and piled pressure on the euro.
05:00 : A new poll puts the right-wing New Democracy party back in the lead in ... - A new poll puts the right-wing New Democracy party back in the lead in Greece with 26.1%, ahead of the anti-austerity SYRIZA, which had been well out in front last week. Crucially, New Democracy and the Socialist PASOK party would have enough ...
Source : seekingalpha-com
04:58 : The European Commission and the ECB are working on 'emergency scenarios' ... - The European Commission and the ECB are working on "emergency scenarios" in case Greece leaves the euro, Trade Commissioner Karel De Gucht tells Belgium's De Standaard newspaper. This appears to be the first time ...
Source : seekingalpha-com
04:57 : EU credit downgrades send fear wave around the world - Today's Highlights EU credit downgrades send fear wave around the world FX Market Overview As the Olympic torch leaves Greece heading for the UK, it is accompanied by David Beckham and that movement is mirrored by a whole heap of cash. Cash ...
Source : fxstreet-com
04:38 : Greece starts work on new polls - Greece began preparing for its second election in just six weeks, with increasing alarm over the crisis in the eurozone after the savage downgrading of banks in Spain.
04:11 : EMG and commodity currencies are all weaker - Good Morning, - Big risk off move following the Spanish bank downgrades and Fitch lowered as well the rating of Greece. EMG- and commodity currencies are all weaker. AUDUSD dropped below 0.9800 or lost more than 1.5 % just today or AUDJPY ...
Source : fxstreet-com
04:01 : 18/5/2012 - The Current Market Sentiment - The pressure is still continued at the single currency because of the political risks which threatening the union after Hollande's winning in France and the failure of forming a new government in Greece which will be waiting ...
Source : ibtimes-com
03:18 : FTSE 100 down as euro zone woe sees agencies cut ratings - The top share index punged through support levels on Friday as the dire situation in the euro zone kept the bears in control on the market, Spanish banks were downgraded en masse by Moody's overnight, and Fitch cut its debt rating for Greece.
Source : ibtimes-com
03:16 : FTSE roiled by euro zone worries - The top share index tumbled through support levels on Friday as the dire situation in the euro zone kept bears in control of the market, after Moody's downgraded Spanish banks en masse overnight and Fitch cut its debt rating for Greece.
Source : ibtimes-com
03:05 : Key Markets in the Red - Market Brief Market sentiment is highly bearish across the board as Moody's investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have ...
Source : fxstreet-com
02:44 : G8 leaders look to head off euro zone crisis - Leaders of major industrial economies meet this weekend to try to head off a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency.
Source : ibtimes-com
02:43 : Euro zone fears spark rush for dollar, global shares fall - German government bond yields hit record lows on Friday, the U.S. dollar rose and shares fell as the escalating bank crisis in Spain, a ratings downgrade for Greece and sluggish U.S. data spurred investor demand for safe-haven ...
Source : ibtimes-com
01:43 : Spanish bond auction produces fresh high interest rates - Today's Highlights Spanish bond auction produces fresh high interest rates Sterling dips on BOE comments Greek banks lose ECB support for now FX Market Overview Greece ...
Source : fxstreet-com
01:10 : Global shares slide amid fears for Spanish banks, growth - TOKYO (Reuters) - Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid political turmoil in Greece and signs of growing instability in Spanish banks, with investors adding the latest weak U.S. ...
Source : reuters-com
01:00 : Global markets in turmoil as Greece, Spain & US worries hit sentiment - Global markets in turmoil as Greece, Spain & US worries hit sentimentMarkets across the globe tumbled amid signs of growing instability among Spanish banks and political turmoil in Greece.

Greece 5/17/2012

23:20 : Outside the Box: Europe deposits hope in a central bank - Voters’ rejection of austerity in Greece and France puts the focus on other strategies to deal with the euro zone debt crisis, writes Satyajit Das. Cue the European Central Bank!
Source : marketwatch-com
23:06 : Asia shares plunge on worries over Spain banks, growth - Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid signs of growing instability among Spanish banks and political turmoil in Greece, with investors adding the latest weak U.S. data to the list ...
Source : ibtimes-com
22:22 : Defiant Message From Greece - Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts.
Source : wsj-com
20:50 : Stocks slump; Dow posts 11th loss in 12 days - THE Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
20:49 : Oil ends below US$93 on euro crisis concern - THE price of oil fell yesterday as worries persisted about the future of Greece in the European Union and the long-term impact the crisis could have on the global economy.
20:43 : Asia shares fall steeply on worries over Spain banks, growth - Asian shares fell steeply on Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list ...
Source : ibtimes-com
20:31 : News Analysis: Chance of Greece Exiting Euro Grows - The foot-dragging and brinkmanship of the last few years have won the other members of the currency union valuable time to prepare for life without Greece.
Source : iht-com
19:07 : Risk currencies lower as Euro crises deepens; Moody's downgrades Spanish ... - The plot thickened overnight amid continued economic turmoil from the European region. Equities suffered deep losses with the usual suspects Greece and Spain remaining the primary stumbling block on reports banks are receiving ...
Source : fxstreet-com
18:19 : Materials Sector and the AUD/USD - Good Morning, Finally, we have a bit of a bid to pairs crossed with the USD. But first, as always, fundamentals. June 16th is the "next day" we hear news out of Greece, but obviously things are tenuous in Europe and you must stay vigilant ...
Source : fxstreet-com
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