PORTUGAL

Recovery, debt woes to hound

IBTimes Logo
U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery's pace persist and fears linger over Europe's sovereign debt woes.

Euro zone seeks to calm Greek crisis fears at G7

IBTimes Logo
The euro zone's top finance officials sought on Saturday to calm concerns about a deep budget crisis that has roiled financial markets and raised questions about the future of the single currency group.
IBTimes Logo

G7 focuses on Europe debt

Finance chiefs from the world's rich powers focused on the euro zone's debt crisis at an Arctic summit and a top official said Europe was determined to solve its problems without the International Monetary Fund.
More news
IBTimes Logo

Stocks tumble for 2nd day on euro zone, jobs

U.S. stocks fell on Friday, failing to recover from the previous day's brutal selloff, after U.S. jobs data pointed to a slow recovery and investors worried about the health of the euro zone's weakest economies.
IBTimes Logo

Euro zone faces biggest strains since launch

Facing the most severe economic strains since its birth 11 years ago, the euro zone looks likely to hold together for now but the exit of some of its weaker members cannot be ruled out in the long term.
IBTimes Logo

Policymakers try to calm markets amid euro sell-off

European policymakers scrambled on Friday to reassure markets on the stability of their 16-nation currency bloc as investors shed euro assets for a second day on fears about debt-laden member states like Greece and Portugal.
IBTimes Logo

Europe woes weigh on stock futures ahead of jobs data

U.S. stock index futures fell on Friday, following Wall Street's worst day in more than nine months, as lingering worries over the fiscal health of some European countries curbed risk appetite ahead of a key U.S. jobs report.
IBTimes Logo

Stock futures off as Europe worries linger ahead of data

U.S. stock index futures fell on Friday, following Wall Street's worst day in more than nine months, as lingering worries over the fiscal health of some European countries curbed risk appetite ahead of a key U.S. jobs report.
IBTimes Logo

Euro-zone debt worries spread across the globe

The euro and the stocks and bonds of debt-laden members of the currency bloc fell for a second straight day on Friday as fears over Portugal and other European sovereigns spread, pushing investors into safe havens.
IBTimes Logo

Shares, euro fall on debt fears; jobs data eyed

Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.
IBTimes Logo

Shares fall; Swiss cbank intervention boosts euro

Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery.
IBTimes Logo

Asia shares slide; euro up on Swiss c.bank talk

Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
IBTimes Logo

Asia shares slide on economy fears; dollar climbs

Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
IBTimes Logo

Daily Forecast - 5/2/2010

The Australian Dollar opens sharply lower today against the greenback at 0.8650 dragged down by a lower Euro and weaker global stocks and commodity prices overnight.
IBTimes Logo

Oil plunges 5 percent, biggest drop since July

Oil fell 5 percent on Thursday in the steepest daily drop since July and the fifth-largest trading volumes ever on the New York Mercantile Exchange as investors dumped commodities and other risky assets.
IBTimes Logo

Oil plunges 5 percent on renewed economic fear

Oil prices plunged 5 percent on Thursday, the steepest one-day drop since July, as rising U.S. unemployment claims and fear that debt-laden European economies may falter prompted a commodities sell-off.
IBTimes Logo

Market falls on debt worries, jobless claims

Wall Street fell 2 percent on Thursday as escalating sovereign debt problems in Europe and a surprise rise in U.S. jobless claims sparked concerns about the health of the global economy.
IBTimes Logo

Oil falls 5 percent in steepest drop since July

Oil prices plunged more than 5 percent on Thursday in their steepest one-day drop since July, after a rise in U.S. jobless claims and spreading concern over Europe's economic health drove investors to sell commodities and seek less risky assets.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.