Spain and Italy insist on increasing ESM

Note: This section contains information in English only.
Source: Forexfactory
Spain and Italy called for an essential increase of the rescue fund of the EU and a boost of the financial stimulus by the ECB. Mario Monti said that the ESM has to be doubled to EUR 1 trillion to improve investor confidence in the indebted states; the move was supported by Spanish foreign minister. The measure followed Angela Merkel's announcement that debtors' fatigue of austerity measures is increasing and creditor states have to do more to lower the borrowing and correct imbalances between Southern and Northern Euro Zone countries.

Back to articles

Actual Topics

Mon, 23 Jan 2012 10:12:57 GMT

Public trust in government deteriorated across the world

Trust in the government deteriorated all over the world, reported the Edelman Trust Barometer. People blame government in the political and financial turmoil of 2011. Overall trust decreased by 9% attaining 43%. Meanwhile, trust in business declined to 53% from 56% over the year. The only survey participant that faced an essential increase in business trust from 61% to 71%

Mon, 23 Jan 2012 08:02:14 GMT

Aussie trades close to 12-week high

Australian and New Zealand Dollar climbed against most of their counterparts on Monday amid speculations, upcoming US reports may show US economy is recovering. Australian Dollar appreciated close to 12-week record high, hitting $1.0486, while New Zealand Dollar strengthened to $0.8071. Currently AUD/USD is trading at $1.0488, while NZD/USD is trading at $0.8069.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.