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Asian Markets Trade Higher On Eurozone Recovery Optimism

3/8/2012 10:59 PM ET (RTTNews) – Asian stock markets are trading higher on Friday with investors tracking recent positive news out of Europe and the strong surge in the U.S. and European markets overnight. Though gains are just modest in most of the markets, the mood remains somewhat bullish amid renewed optimism about a recovery [...] [...]

Japanese Market Surges On Eurozone Recovery Optimism

3/8/2012 9:07 PM ET (RTTNews) – Stocks opened on a buoyant note in the Japanese market on Friday with investors indulging in some hectic buying across the board amid easing worries about the crisis in the Eurozone following Greece achieving the bondholder support for the crucial debt swap.The benchmark Nikkei 225 index jumped to a [...] [...]

Japanese Market Surges On Eurozone Recovery Optimism

3/8/2012 9:07 PM ET (RTTNews) – Stocks opened on a buoyant note in the Japanese market on Friday with investors indulging in some hectic buying across the board amid easing worries about the crisis in the Eurozone following Greece achieving the bondholder support for the crucial debt swap.The benchmark Nikkei 225 index jumped to a [...] [...]

Asian Markets Trade Higher On Eurozone Recovery Optimism

3/8/2012 10:59 PM ET (RTTNews) – Asian stock markets are trading higher on Friday with investors tracking recent positive news out of Europe and the strong surge in the U.S. and European markets overnight. Though gains are just modest in most of the markets, the mood remains somewhat bullish amid renewed optimism about a recovery [...] [...]

Eurozone unemployment rate at 10.7%

Widespread joblessness in Greece and Spain pushed the unemployment rate in the 17-country eurozone to 10.7%, the highest level since the currency was introduced in 1999.NEW YORK (CNNMoney) — Widespread joblessness in Greece and Spain pushed the unemployment rate in the eurozone to the worst level since the currency was introduced in 1999. The unemployment [...] [...]

Eurozone fatigue setting in

Moody’s warned of a potential downgrade for eurozone banks and expressed concerns about sovereign credit and the risk of default.NEW YORK (CNNMoney) — Investors are feeling Euro fatigue, with European stocks managing tepid gains even as Moody’s warns of possible eurozone bank downgrades and Italian borrowing costs remain high. In its second auction this week, [...] [...]

A French downgrade could derail eurozone rescue

NEW YORK (CNNMoney) — In what would be another blow to Europe’s beleaguered rescue fund, there is growing speculation that France will eventually lose its top-tier credit rating.Standard & Poor’s could change its outlook for France’s AAA credit rating within 10 days, according to a widely circulated report Tuesday in La Tribune, a French financial [...] [...]

Asian Markets Mostly Trade Higher On Eurozone Recovery Hopes

(RTTNews) – Asian stock markets are mostly trading notably higher on Tuesday with investors picking up stocks on hopes of a recovery in the European economy amid reports that European leaders are closer to arriving at a solution to end the debt crisis. A strong close on Wall Street overnight is also aiding the surge.The [...] [...]

Australian Market Rallies On Eurozone Bailout Hopes

(RTTNews) – The Australian stock market is trading higher on Monday with investors indulging in some hectic buying across the board amid hopes of a likely solution to the European debt crisis. Financial, mining and industrial stocks are up with strong gains. Stocks from energy, consumer discretionary and property trusts sectors are also mostly trading [...] [...]

Asian Markets Rally On Eurozone Recovery Hopes

(RTTNews) – Asian stock markets are mostly trading notably higher on Monday with investors picking up stocks, betting on hopes that the European debt crisis will be resolved soon on the back of reports that the International Monetary Fund is likely to lend 600 billion euros to Italy. Hectic bargain hunting after recent heavy losses [...] [...]

Stocks slip as eurozone issues persist

Click the chart for more stock market data.NEW YORK (CNNMoney) — U.S. stocks slid Monday in afternoon trading as investors grew wary over whether political transitions in Greece and Italy will help resolve Europe’s debt crisis. “Europeans delivered the necessary policy response to avert a meltdown,” said Marc Chandler, global head of currency strategy at [...] [...]

Asian Markets Rally On Eurozone Recovery Hopes

(RTTNews) – Asian stock markets are mostly up with strong gains on Tuesday with investors picking up stocks amid renewed optimism that European leaders will step up efforts to resolve the financial crisis in the continent. A splendid rally on Wall Street overnight is also contributing to the upbeat mood in the region.Mining, energy, financial [...] [...]

Eurozone split over Greece’s bailout term: FT

SAN FRANCISCO (MarketWatch) — Euro-zone countries are divided over the terms of Greece’s second 109-billion-euro ($148 billion) bailout package amid mounting concerns that Greece’s funding needs have risen significantly over the past couple of months, the Financial Times reported Tuesday. As many as seven of the 17-member bloc are arguing for private creditors to take [...] [...]

Asian Stocks Mostly Lower On Eurozone Worries

(RTTNews) – Most Asian stocks fell on Wednesday, with selling accelerating in afternoon trading, after Chinese Premier Wen Jiabao told the World Economic Forum that developed nations should cut deficits and create jobs and not rely on China for resolving their debt issues. Wen once again pledged his support for indebted European countries but said [...] [...]

Euro Holds Steady During Eurozone Lull

In late Asian trading, the Euro is holding steady against the U.S. Dollar; investors are apparently taking advantage of the lull between last Friday’s stress test results and this week’s Eurozone policymakers meeting. View the original article here Social BookmarkingCheck more:Euro Holds Steady During Eurozone LullAsian Markets Trade Higher On Eurozone Recovery OptimismStamped Founders And [...] [...]

Euro Holds Steady During Eurozone Lull

In late Asian trading, the Euro is holding steady against the U.S. Dollar; investors are apparently taking advantage of the lull between last Friday’s stress test results and this week’s Eurozone policymakers meeting. View the original article here Social BookmarkingCheck more:Euro Holds Steady During Eurozone LullAsian Markets Trade Higher On Eurozone Recovery OptimismStamped Founders And [...] [...]