Published Jan 19 2012 by Longview Daily News


Markets rally as France, Spain clear bond hurdle

CORRECTS CURRENCY TO EURO AGAINST YEN - Passers-by are reflected on an electronic stock board displaying the euro's quotation against the Japanese yen at a securities firm in Tokyo, Tuesday, Jan 17, 2012. (AP Photo/Koji Sasahara)

Another set of successful bond auctions in Europe and...

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European stocks, euro rise on upbeat France bon... [ Published Jan 19 2012 by France24 - Asia Pacific ]
European stocks, euro rise on upbeat France bon... [ Published Jan 19 2012 by France24 - Asia Pacific ]
Spain passes key bond test, France also in demand [ Published Jan 19 2012 by Reuters: Business News ]
Spain passes key bond test, France also in demand [ Published Jan 19 2012 by Reuters: Top News ]
France facing key bond test after downgrade [ Published Jan 19 2012 by France24 - Science ]
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Quotes

"There was a time when the idea that a body like the IMF would need such a huge amount of money to cover such a short period of time would have been taken as bad news" said Gary Jenkins...
...Research. "This is not the first time in this crisis that a big figure has been thrown out there so it will be interesting to see if this time there is any reality behind the number."
"Global financial markets let out a sigh of relief after a couple of key bond issues by France and Spain were met with strong demand a week following their ratings downgrades" said Jennifer Lee...

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