Articles by Greece Debt

  • Australian Stock Market Leads - 30 January 2012

    January 30 2012 10:08 AM

    The Australian stock market is set to mildly rebound on Monday's trading in spite the weak leads from U.S. and European markets. What are today's market leads?

  • NZ Dollar Rises, Investors Await News on Greece Debt

    January 23 2012 12:59 PM

    The New Zealand dollar is performing well while investors are strategizing and leaving the euro, with Greek and European Union officials meeting to study the decisions made between private bondholders on how to lower Greece's borrowing costs.

  • Transport Strike Hits Greece as Debt Default Looms

    September 27 2011 8:40 AM

    Suburban rail and tram workers in Greece went on a 24-hour strike on Monday to protest the government's planned austerity measures meant to meet international creditors' requirement for a $10.7 billion bailout loan.

  • Sarkozy, Merkel Favor Keeping Greece in Eurozone

    September 15 2011 3:14 PM

    Although the Greek debt crisis led Moody's Investors Service to downgrade two major French banks Wednesday, French President Nicolas Sarkozy and German Chancellor Angela Merkel have reaffirmed that Greece should stay in the 17-nation euro zone.

  • EU President Warns Debt Crisis Could Lead to War

    September 15 2011 11:26 AM

    Poland's finance minister and the current chair of the rotating EU presidency warned Wednesday that the debt crisis could lead to war in the continent within a decade.

  • Australian Dollar Outlook 08/02/2011

    August 02 2011 12:03 PM

    The AUD is almost I US cent lower this morning after poor manufacturing data out of the US, and the move towards an agreement on the debt ceiling buoyed the USD.

  • Australian Dollar Outlook 06/24/2011

    June 24 2011 1:55 PM

    The Australian dollar has opened lower this morning as traders moved away from high risk assets such as the AUD overnight.

  • Australian Stock Market Report 6/24/2011

    June 24 2011 8:34 AM

    US new home sales fell 2.1pct to a seasonally adjusted annual rate of 319,000 in May.

  • Australian Stock Market Report 06/16/2011

    June 16 2011 9:23 PM

    The New York empire manufacturing index fell from +11.88 to -7.79 in June. The result was well below expectations with analysts expecting a reading around +12.5. Across the sub indices, new orders and shipments were weaker.

  • Australian Dollar Outlook 6/3/2011

    June 03 2011 11:52 AM

    The Australian dollar has opened slightly higher this morning as poor economic data weighed on the US currency.

  • Australian dollar outlook 06/03/2011

    June 03 2011 10:01 AM

    The Australian dollar has opened slightly higher this morning as poor economic data weighed on the US currency.

  • GO Markets FX Commentary - 2nd June 2011

    June 02 2011 8:58 AM

    After a solid performance domestically, the Aussie dollar has taken a hit overnight coinciding with a steep drop in US equity markets, broad based losses across the commodity space and another Greek downgrade for good measure.

  • Forex Market Insight 05/31/2011

    May 31 2011 12:48 PM

    AUD held 1.0680 support overnight identified in yesterday’s morning report to break higher in early Asian trade above 1.0710 static resistance area. Traders are calling for an increase in bullish momentum with a continuation towards strong 1.0840 area, ahead of further gains.

  • Dow Jones Islamic Market Indexes in May: Fears of a double-dip economy

    May 28 2010 7:08 PM

    The Dow Jones Islamic Market (DJIM) Indexes posted losses across the board in May. Only two composites gained territory (as of the close of trading of May 25th): the DJIM Amana Sri Lanka Index (up 1.30%, closing at 1,766.82 points) and the Dow Jones Citigroup Sukuk Index (1% higher at 120.21 points).

  • Spain announces deep budget cuts to fend off Greece’s debt issue effects

    May 13 2010 4:31 PM

    The Spanish government said today that budget cut measures will take effect soon in order to cushion the anticipated spill over of Greece’s debt issues across the eurozone as Prime Minister Jose Luis Rodriguez Zapatero revealed that public sector wages will be slashed by five percent and frozen by next year.

  • Global hedge funds up 1.30% in April, but ‘May 6 rout’ concerns investors, manager

    May 11 2010 7:54 PM

    The global hedge funds industry once again proved to be a good investment have after the Hennessee Hedge Fund Index advanced 1.30% in April (4.61% YTD), while the S&P 500 rose 1.48% (6.42% YTD), the Dow Jones Industrial Average advanced 1.40% (+5.57% YTD), and the NASDAQ Composite Index advanced 2.64% (8.46% YTD) during the same period. Bonds advanced, as the Barclays Aggregate Bond Index increased 1.04% (2.84% YTD) and the Merrill Lynch High Yield Master II Index increased 2.24% (7.17% YTD) in ...