|
|
English
 |
|
 |
Spain and Italy's debt worry investorsAs the crisis in the Euro Zone is reaching its peak - Greece is about to hold elections which will indirectly determine whether or not it will stay in the Euro; Spain's banking crisis is quickly bringing its financial situation to a tipping point; Italy's bond sales see its interest rates go as high as 6.34% - investors will be watching closely today's auction of Italian Government Bonds, looking at the interest rates in particular. Should they get too close to the 7% threshold, speculation is that Italy will become the fifth European country to seek foreign help in the form of a bailout package.Given the latest, disappointing data coming out about the U.S. economy - which is also triggering rumors of an upcoming economic easing maneuver by the Fed - the gold markets is seeing movement as its role of safe haven seems to be in the process of being restored (after a period in which the same role was played by the USD). Archived NewsAs an ECMarkets Trader, you have unlimited access to all our archived news Click here to go to the News Archive |
  
|
|||||||||
 
|
www.ECMARKETS.com | copyright 2011 ECMarkets
| HIGH RISK INVESTMENT WARNING: Trading Foreign Exchange (Forex) and Contracts for Differences (CFD's) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please click here to read full risk warning. ECMarkets.com is a trading name of Safecap Investments Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license no. 092/08. Safecap Investments Ltd Is located at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus. |