Prospects Daily: Cyprus rejects EU bail-out package, Portugal debt auction...
Financial Markets… European shares and the euro bounced back on Wednesday as Cyprus sought alternative to the EU’s bailout plan that was rejected by the nation’s parliament on Tuesday. The benchmark...
View ArticleProspects Daily: ECB gives Monday deadline to Cyprus, Flash PMIs signal...
Financial Markets…European financial markets fell today after poor economic data from the euro-zone and lingering uncertainty over the Cypriot crisis fueled renewed concerns over the region’s economic...
View ArticleProspects Daily: Cyprus fails to secure assistance from Russia, Germany...
Financial Markets… The euro rose and European shares pared some of losses after Cyprus agreed to spin off the Greek units of Cypriot banks, raising hopes that the nation is moving closer to an...
View ArticleProspects Daily: Global equities and oil rally, Cyprus bailout...
Financial Markets…Global equities and oil rallied on Monday, while safe-haven assets including U.S. Treasuries and gold fell as a deal on bailout of Cyprus eased investor’s risk aversion. The Stoxx...
View ArticleProspects Daily: Cyprus’ IMF program finalized, US corn prices plunge,...
Financial Markets… Corn futures in Chicago plunged 13% since the US Department of Agriculture said March 28 that inventories were bigger than analysts forecast and that farmers will plant the most...
View ArticleProspects Daily: Developing country bond yields drop, Cyprus bailout costs...
Financial Markets…The euro gained 0.4% against the dollar, rising to $1.3110 today, its strongest level in six weeks, as falling funding costs at Italian and Spanish government bond auctions added...
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