Thursday, 21 July 2011

New Greek Bailout Agreed

A 135bn euros over 30 years ballout has been agreed by Eurozone members and will, this time, include private investors.

Markets reacted positively to news that an agreement had been reach with the FTSE 100 climbing to 5,900 (+0.79%) and Eurofirst 30 to 1,100 (+1.10%)

Regards, Sam

Monday, 18 July 2011

Markets Dip As Debt Crisis Continues

The FTSE and the Dax have fallen 1.08% and 1.09%, respectively, and Cac 40 has fallen 1.39% as the markets react to Bank Stress Test results released by the European Banking Authority and more worries of the debt crisis. Gold has hit $1,600 as investors seek stability in the commodity over currencies and equities.

Eyes are now looking to policy makers in the US and Europe for debt deals to be made to boost confidence.