Risk And Euro Stage Recovery With Sweet Talk On Athens Debts |
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July 19, 2011 |
July 2011 Bond Updates
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An air of relief descended on currency markets as dealers accepted comforting remarks from European officials likely to attend a crucial meeting this Thursday, which many see as a make-or-break day for the single currency. Peripheral bonds advanced after days of drubbing by a chorus of increasingly nervous investors over growing fears for a spillover of contagion surrounding the sovereign debt crisis. Stocks advanced as did the euro as those fears softened.
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View more at: http://blogs.forbes.com/greatspeculations/2011/07/19/risk-and-euro-stage-recovery-with-sweet-talk-on-athens-debts/
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