Finance Mansion

Finance

Greek Rescue Plan to be Announced October 6 Greek Rescue Plan to be Announced October 6 By DT Trading Limited Greek finance minister Evangelos Venizelos announced that his country will do “everything possible” to reach target budget levels and to prevent Greece from being made a “scapegoat” for the global economic crisis. Venizelos, who is also the deputy prime minister of Greece, promised that... Continue Reading | write a comment

Correction or U-Turn on the Market? Correction or U-Turn on the Market? By DT Trading Limited In morning trading in Europe today, stock indices bounced back from a two-year low after the G-20 countries pledged to provide a “firm and coordinated” answer to the problems facing the world economy. American futures garnered support while Asian stocks fell. Adidas AG (ADS) went up 2.9% after its... Continue Reading | write a comment

World’s Investors Closely Following Situation... World’s Investors Closely Following Situation... By Royal Max Brokers According to a report published by the UK Bureau of National Statistics, the level of inflation in the country rose in August. The Consumer Price Index went up 4.5% in annual terms compared with July growth of 4.4%, and inflation was up 0.6% in the monthly dynamic. This time, 34 analysts guessed right with their... Continue Reading | write a comment

French Banks Take a Reprieve Amid Predictions of... French Banks Take a Reprieve Amid Predictions of a... By DT Trading Limited US stock marketswent up, European stock markets’ benchmark index rose from a two-year low, American treasuries fell after French banks put to rest rumors that they had no access to financing, and investors for their part detected signs of progress in efforts to curb the debt crisis in the Euro zone. The... Continue Reading | write a comment

Markets Assess Last G-7 Summit Markets Assess Last G-7 Summit By DT Trading Limited Friday was “black” for European stock markets – the leading indices crashed 3-4% while the Milan stock market fell almost 5%. The panic attack among investors was instigated by European Central Bank executive board member Jurgen Stark’s resignation, which reflects the conflict among the... Continue Reading | write a comment

Greek Rescue Plan to be Announced October 6

Greek finance minister Evangelos Venizelos announced that his country will do “everything possible” to reach target budget levels and to prevent Greece from being made a “scapegoat” for the global economic crisis. Venizelos, who is also the deputy prime minister of Greece, promised that...

Continue Reading | write a comment