RPT-GLOBAL MARKETS WEEKAHEAD-Policy baton passes to central banks
LONDON, June 29 - The market spotlight falls on central banks in the coming week in hopes they might follow the lead of Europe's politicians with measures to address mounting economic concerns, but investors may be underwhelmed.
Euro defeat for Merkel? Only time will tell
BERLIN, July 2 - At first glance, the big winners from Europe's latest euro-saving summit were the leaders of Italy, Spain and France.
RPT-Australia kicks off carbon tax, PM future in doubt
* Australia joins the EU and New Zealand in pricing carbon emissions
UPDATE 2-Barclays chairman to quit; Libor discussed with BoE
* Barclays to announce Chairman Agius to go on Monday-source
France to lower GDP forecasts for 2012, 2013 - finmin
PARIS, July 1 - French Finance Minister Pierre Moscovici said on Sunday the government would lower its economic growth forecasts for 2012 and 2013 given the worsening economic climate.
RPT-Wall St Week Ahead: Can EU deal lift stocks for more than a day?
NEW YORK, July 1 - U.S. stocks finished the first half of the year with a bang as investors welcomed news that the euro zone is a step closer to solving its 30-month-long debt crisis. Now for the question: Is this rally strong enough to last for more than a day?
CORRECTED-RPT-UPDATE 1-After health ruling, will US be ready for the law?
* Court ruling fails to erase doubts about implementation
UPDATE 1-Spain shrank further in Q2, govt to push reforms
NAVACERRADA, Spain, July 1 - Spain's economy shrank further in the second quarter but looks set to stabilise over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday.
UPDATE 1-Egypt signs $1 bln finance for food, energy
CAIRO, July 1 - The Egyptian government signed an agreement on Sunday with the Saudi-based Islamic Development Bank (IDB) that will provide $1 billion to finance energy and food imports, the government said in a statement.
Spain economy minister sees growth stabilising after Q2
NAVACERRADA, Spain, July 1 - Spain's gross domestic product contracted at a slightly faster rate in the second quarter than the first though would stabilise over the following quarters, Economy Minister Luis de Guindos said on Sunday.
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DOW | 12,880.09 | ![]() |
+2.20% |
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+2.49% |
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+3.00% |
TR US Index | 123.19 | ![]() |
+2.52% |
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