Spanish government introduces regional debt ceiling

Source: Bloomberg
In order to assure investors that Spain can avoid a full scale bailout amid increasing borrowing costs, the Spanish government introduces regional debt ceiling this year. 13 out of 17 regions supported the initiative of the debt limits, which are 15.1% of GDP for this year and 16% for next year. 
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Wed, 01 Aug 2012 08:04:54 GMT

Oil falls on factory data

Oil futures were near two-week low amid fears that central banks will not boost slipping global manufacturing. On Wednesday, crude for September settlement traded at $88.03 per barrel, after closing yesterday at $88.06, the lowest since July 13. September delivery brent oil was down 22 cents to $104.70 per barrel.

Wed, 01 Aug 2012 09:54:53 GMT

All-market gain since April 2010

Equities, bonds, commodities and the U.S. Dollar gained for the first time since April 2010, as the ECB President Mario Draghi urges to protect the Euro stocks and the corn prices skyrocketed. The ICE Dollar Index gained 1.3%, while all type bonds returned 1.4% on average. The MSCI All-Country World Index of equities rose by 1.4% at the end of

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