ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

Euro Crisis : Japan follows Fed, Spain in Spotlight once Again

Share On Facebook
share on Linkedin
Print

Late surprise news that the Bank of Japan was to follow the ECB and Federal Reserve in providing more stimulus measures for its economy saw US markets rise yesterday, and a postivve effect was also seen in European markets this morning.

Japan’s central bank announced it is to both extend and increase its bond purchasing programme.

Today however, investor focus is shifting –  once again – to Spain, ahead of tomorrow’s bond auctions.

The troubled nation’s government appears no closer to accepting a bailout whilst the majority of opinion would suggest the country should accept some sort of rescue package to prevent yields spiking dangerously once more and stabilise markets.

The result of tomorrow’s auctions is expected to provide clarity on just how worried investors are about the knock-on effects caused by the state of the Spainish economy.

Meanwhile, the chairman of the Eurogroup of finance ministers Jean-Claude Juncker was quoted by Reuters yesterday as saying a Greek exit from the eurozone would be a disaster for the country and for Europe too.

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com