Over the weekend, Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure a second international bailout and avoid national bankruptcy.
Out of 300 lawmakers, a total of 199 backed the bill. The passing of the austerity bill was a boon for market traders who ...
YTE Blog Viewing entries tagged European debt crisis After intense negotiations at the recent World Economic Forum in Davos, Switzerland, a deal with Greek bondholders seems imminent.
In October 2011, the bondholders agreed to take a 50% cut in the face value of their bonds, worth more than 200 billion Euros. In simple terms, this means that bondhold... It’s good to be back in the currency market after a three week break.
For my first article of 2012, let’s take a snap-shot of the world’s biggest economies to see how they fared for 2011. This can give us excellent insight into how they might perform at the start of 2012.
According to the list by ... The recently concluded EU Summit in Brussels last week answered some tough questions.
Here’s some of the highlights:
1. War-chest topped up with 200 billion Euros
The Eurozone’s central banks will contribute 150 billion Euros, while non-Euro EU states will chip in the remaining 50 billion Euros. ... It’s no secret in the markets now that traders and investors are highly concerned about the on-going debt crisis in Europe.
However, what is that one crucial clue to give us a clear leading indicator that risk is off the table?
The answer, is bond yields.
By definition, a bond yield is the return... | LoginReadership SurveyTraders and investors, here's your chance to participate in the 2012 YTE Readership Survey. PollsYTE Twitter YTEmagazine: Live Trade Forex Next to the Best in Barcelona: We have a discount for you! http://t.co/cIBnwPUt Powered by Twitter Feed |












