France and Spain Bond Deals Breathe Relief in Eurozone for Now
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- France and Spain Bond Deals Breathe Relief in Eurozone for Now
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저작자 미상 (저작물 2267374 건)
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- 2012-01-20
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That's right.
Markets moving higher today on Thursday's successful debt auctions.
France and Spain successfully rolled over 13 billion euros of debt with France borrowing money at lower interest rates than last year.
Markets gained on news of the successful bond auctions‚ along with indications that debt negotiations in Greece were moving along.
Asian stocks taking their cue from rallies in the U.S. and Europe‚ opening on the upside this morning.
In mid morning trade the benchmark Korean KOSPI held gains of nearly 1 percent while the tech heavy KOSDAQ fell about 3 quarters of a percent.
In Europe‚ London's FTSE 100 ended slightly higher Germany's Dax rose 1 percent and France's CAC jumped 2 percent.
Seperately‚ Ireland which the EU and IMF bailed out over a year ago received high marks from lenders as a "poster child" for reform and austerity measures.
Even so EU and IMF officials sounded a note of caution‚ warning of the challenges which lay ahead posed by continued high employment and slowing growth.
Reporter : slim@arirang.co.kr
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