Tag Archives: Italy 10 year

Italian Prime Minister Monti’s surprise resignation sends euro lower

Italy’s Prime Minister Mario Monti’s surprise announcement of his early resignation shocked markets and sent the euro tumbling to a two-week low against the dollar. The news triggered fears of a fresh bout of euro zone uncertainty as Italy grapples with debt. Investors fear that a new government may overturn Monti’s measures set in place to deal with the country’s burgeoning debt. Monti...

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December 10, 2012 @ 9:06 am

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Italian Prime Minister Monti’s surprise resignation sends euro lower

Italy’s Prime Minister Mario Monti’s surprise announcement of his early resignation shocked markets and sent the euro tumbling to a two-week low against the dollar. The news triggered fears of a fresh bout of euro zone uncertainty as Italy grapples with debt. Investors fear that a new government may overturn Monti’s measures set in place to deal with the country’s burgeoning...

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December 10, 2012 @ 9:06 am

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Euro Falls for a 3rd Day, Peripheral Bonds Suffer as Europe’s Problems Reemerge

The Euro looks set to close down versus the dollar for a third day in a row as Europe's problems are brought to the forefront again. Allegedly behind the scenes France is pushing Spain to ask for aid in order to take advantage of the positive market conditions post-Draghi's bond buying announcement. The Spanish government is still reluctant to do so, partly because the pressure of the market has...

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September 26, 2012 @ 6:39 pm

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Euro Falls for a 3rd Day, Peripheral Bonds Suffer as Europe’s Problems Reemerge

The Euro looks set to close down versus the dollar for a third day in a row as Europe's problems are brought to the forefront again. Allegedly behind the scenes France is pushing Spain to ask for aid in order to take advantage of the positive market conditions post-Draghi's bond buying announcement. The Spanish government is still reluctant to do so, partly because the pressure of the market has...

Continue reading...

September 26, 2012 @ 6:39 pm

1 Comment