Canadian stocks gain on Spanish request

Source: Marketwatch

Canadian markets edged higher on news about Spanish aid request from the EU. The Standard & Poor TSX jumped 0.1 per cent. The country's currency weakened versus the USD, with the greenback buying C$1.0271, comparing to C$1.0224 in the previous session.

Back to articles

Actual Topics

Tue, 12 Jun 2012 06:43:39 GMT

Spain bonds fall on worries rescue amount not enough

Spanish borrowing costs climbed close to monthly-record on Monday on worries the country's call for aid will not be sufficient to stop debt turmoil. Spain's benchmark 10-year yields surged by 30b.p. to 6.52%, the largest advance since May 14. 2-year borrowing costs soared to 4.55% and long term 30-year yields reached 6.76%. 

Mon, 11 Jun 2012 22:33:38 GMT

Copper gained 2% on Spanish euphoria

Futures for copper gained 2% in the European Monday morning trading session, as investors were more confident after the EU agreed to bailout Spain up to EUR100 billion. On the NYMEX, July delivery futures for copper were traded at USD3.354 per pound. It earlier peaked at USD3.400, gaining 3.5% from the beginning of the trading session.

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.