Analysis – Market worries drag Italy into euro zone turmoil ROME (Reuters)- A surge in Italy’s bond yields over the past week does not doom the country’s efforts to keep its sovereign debt under control, but it does increase the risk of a further spiral of yields that could prove disastrous. Read more on Reuters [...]
Greece sell-off plans fail to quell debt worries Greece laid out plans to sell stakes in key state firms and make further budget savings on Friday but failed to quell fears of debt restructuring fanned by a German official’s comments. Read more on Reuters via Yahoo! News
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Portuguese Debt Worries Could Be Your Gain Portugal?s bond rating may be Downgraded one or two levels by Moody?s Investors Service Read more on Forbes
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Gold falls as data eases worries Gold prices have fallen after two days of gains on positive US unemployment data, despite EU debt fears. Read more on BigPond News
Banks Lead European Markets Lower As Debt Worries Persist European shares retreated Monday as Ireland’s decision to seek a rescue package failed to calm fears of a contagion of debt problems in the euro area. Financial shares were the biggest drag, while auto stocks bucked the broader trend. Read more on RTT News
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