Posts Tagged ‘spain’

  • Gold and Silver in the Shadow of Spain and Greece

    Jun 14, 12 • 3239 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold and Silver in the Shadow of Spain and Greece

    Today Gold futures prices have seen little changed from the prior closing and Asian stocks dropped after Spain’s credit rating was cut which has renewed the concern of European crisis contagion to the global growth. The Euro however is showing slight...

  • Rumours From The EU

    Rumors Innuendo and Worries Emanate from the EU

    May 28, 12 • 3986 Views • Market Commentaries 1 Comment

    Rumors are that the ECB is going to step in an assist the Spanish Banks. Greece is considering replacing the euro and Europe cannot decide between austerity and growth on the back of a stimulus injection. There are many casualties in this European confusion,...

  • Forex And Commodity Roundup

    Forex And Commodity Roundup

    Apr 11, 12 • 757 Views • Market Commentaries Comments Off on Forex And Commodity Roundup

    European markets traded higher today after Alcoa (AA), the country’s largest aluminium Producer, posted an unexpected first quarter profit after orders increased. Alcoa climbed 6.2 percent in pre-market New York trading as aluminium climbed 1 percent from a...

  • Daily Forex News - EU Firewall Lifeline For Spain

    The EU Firewall – A Lifeline For Spain

    Apr 2, 12 • 2584 Views • Between the lines Comments Off on The EU Firewall – A Lifeline For Spain

    On the last business day of March, the EU Finance Ministers announced their latest attempts to stave off the eurozone debt crisis by  boosting the eurozone’s firewall to €800 billion ($US1.07 billion) on the same day as the new Spanish government Mariano...

  • Forex Market Commentaries - Spain's Turn In Crisis Spotlight

    Get Out Of The Way Greece, Its Spain's Turn In The Spotlight

    Mar 22, 12 • 2162 Views • Market Commentaries Comments Off on Get Out Of The Way Greece, Its Spain's Turn In The Spotlight

    Citigroup economist Willem Buiter, warned that Spain may be forced to follow the lead of the Greeks as it is crippled by debt burden. “Spain is the key country about which I’m most worried,” Buiter said in a report in Bloomberg. “It’s...

  • Daily Forex News - Spain Misses Deficit Target

    Spain Misses Deficit Target

    Feb 28, 12 • 2261 Views • Between the lines Comments Off on Spain Misses Deficit Target

    Monday saw a variety of fundamental events that will shape the markets over coming weeks. Most notably Spain went on record with an admission that its deficit soared above target last year. At 8.5% of GDP, Madrid’s government was quite a distance from...

  • Forex Market Commentaries - Spain, A Whale Stranded On The Coast Of Europe

    A Whale Stranded Upon The Coast Of Europe

    Jan 27, 12 • 3079 Views • Market Commentaries Comments Off on A Whale Stranded Upon The Coast Of Europe

    Edmund Burke, a British statesman and philosopher who lived from 1729-1797, once described Spain as “a whale stranded upon the coast of Europe”. That quote seems apt on the morning that desperately poor Spanish unemployment figures have been...

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