Weekly Newsletter   Challenge account


Posts Tagged With 'EU'

Posted by Martin November 09, 2011

Stocks plunge on Italian worries – it’s happening

Here we go. What economists were saying all the time and the markets were successfully ignoring has happened this morning. As I wrote in my previous posts, the Italian bonds raised at 7.4% rate which is not sustainable for Italian economy to pay (Italy’s budget can afford paying a rate around 4.6% only). Italy at Continue reading →

Posted by Martin November 07, 2011

Italian 10-year bonds reached all year record highs today

The Italian bond rates reached all year new highs since Italy joined Eurozone. Today, it raised to 6.67% and that creates a tremendous pressure to Italian budget to pay their loans. ECB intervention couldn’t help this skyrocketing move. Due to investors’ worries about Italian debt the new rate reached almost 7% and as Reuters says Continue reading →