ECB may delay its stimulus exit amid concerns on Greece’s deficit |
|
The (ECB) European Central Bank may be forced to cancel the withdrawal of emergency lending measures for the time-being because it could inflame financial market concerns about Greece, Spain and Portugal various economist have stated. Investors are dumping Greece, Spanish and Portuguese assets as their governments struggle to rein in their budget deficits, making it more expensive for them to finance the debt. Should the ECB go ahead with its exit strategy by pulling its unlimited cash support Read More...
Filed under: Technical
Latest Posts
- What I See in FX Market
- T-Bonds and Gold Signal Impending Stock Market Break
- Weak Outlook for U.S. Economy Pressure Dollar
- Weakness Stays With Greenback; Yen Might Start Sliding as well
- US GDP and a Preview of Next Week’s US Releases
- Comprehensive FX and Futures Daily Commentary
- Weak Japanese Economic Data encourages Shedding of Risk
- Economic Indicators Review
- Forex - Chart USD/MXN Update: Consolidation starting to crumble
- 08/01/2010 - The Dollar is on the ropes, again
- Spain: Labour force, employment and unemployment - July 2010
- The Second Quarter Ended on a Soft Note
- Intuition and Trading
- Mixed data slows market enthusiasm
- A HEART-TO-HEART TALK