Friday, March 2, 2012

There is No Insurance Pay-Out on Greek Debt, Asian Stocks Fall on Fading Hopes for QE3

Good days friends, another new worries comes up, from Eurozone we updated, No insurance pay-out on Greek debt Industry body rules that billions of dollars in credit default, insurance will not be paid out to Greek debt investors as there has been no credit event yet

From Wall Street index lifted by improving employment outlook, US stocks open higher as initial jobless claims fall to a new post-2008 low data

Some investors has new direction, Cheap Chinese financing hits the Bahamas, Funding business projects is more productive than buying Treasuries bonds

Italian bonds we updated, Cheap loans push Italian yields lower
Italian benchmark bond yields fall below 5% for the first time since August as cheap ECB loans to banks continues to drive demand

New data from Eurozone Manufacturing lift sustains euro
The euro remains flat against the dollar amid mixed economic data while the Polish zloty climbs after fourth-quarter GDP beats expectations

How about automotive industry in Eurozone, Peugeot falls following GM deal, Peugeot dips as investors turn cold on its 'alliance' with General Motors while Veolia gains on news it is talks to sell its stake in transport joint venture for strongest future gains

Hong Kong bank industry actually tighten, Funding stays tight for Hong Kong banks, Renminbi deposits decline for a second month in January, a shrinkage that coincided with an increase in lending of offshore renminbi from Hong Kong

Updated from Asian stocks fall on fading hopes for QE3, these data represents Fall in US equity markets prompts losses across Asia Pacific, but Shanghai stocks outperform after Chinese manufacturing activity accelerates on stable

No comments:

Post a Comment