European shares pare gains on Spanish uncertainty

Note: This section contains information in English only.
Source: Marketwatch
European stocks erased gains on Monday after Italian and Spanish borrowing costs surged. Investors expressed doubts if Spank debt aid will be sufficient to tackle the nation's debt trouble. Moreover upcoming Greek elections created additional uncertainty. Stoxx Europe 600 traded flat, Spanish IBEX 35 declined 0.5% and Italian FTSE MIB index fell 2.8%. UK FTSE 100 ended marginally lower while French CAC 40 diminished 0.3%. German DAX managed to finish in positive area adding 0.2%.
Back to articles

Actual Topics

Tue, 12 Jun 2012 09:53:41 GMT

Rajoy's political credibility trembles with the EUR 100 billion bailout

Having taken the needed bailout for Spain's recovery, Mariano Rajoy's political credibility could be at jeopardy. Two weeks after affirming that Spain does not require a bailout, on 9 June Rajoy asked for a EUR 100 billion in order to revive the country's banking system. As a result, the Prime Minister's actions could potentially raise uncertainty whether he can realize his deficit cutting goals. However,

Tue, 12 Jun 2012 07:58:50 GMT

US shares plunge on renewed anxiety about Greece elections

US stock indices posted a sharp losses as concerns over the outcome of upcoming Greek elections returned. Moreover Spanish bailout request added to worries the European debt turmoil actually keeps broadening. S&P 500 index fell 1.26% or 16.73 points to 1,308.93. Dow Jones Industrial Average shed 1.14% or 142.97 points and closed at 12,411.23. Nasdaq Composite gave up 1.70% or

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.