Minggu, 23 Mei 2010

Nonton TV Online

Nonton TV Online - European stocks climbed and the euro rebounded from its lowest level in a year against the dollar on Thursday on news that the bailout (bridging) Greek debt approaching consensus and positive results from leading companies.

Markets and a single currency that hit for two consecutive days after rating agency Standard & Poor `s downgraded Greece, Portugal and Spain, sparking fears contagion from the crisis in Athens.

But Europe's main bourses back into positive territory on Thursday after a leading European Union officials said talks about a multi-billion-euro bailout for Greece's almost finished.

"Expectations of an announcement about the bailout with IMF-EU to Greece in a few days also helped soothe investors' anxieties about nearby default (failed), Greek," said analyst Michael Hewson at CMC Markets.

"A number of positive corporate announcements and the trading statement has helped improve risk appetite, and look at all of Europe's leading shares pushed up," he said.

Market encouraged by positive earnings from German industrial group Siemens, chemical company BASF, the Spanish bank Santander, the UK pay TV giant BSkyB and the global steel giant ArcelorMittal.

Naik0 London stock market, 56 percent, while Frankfurt added 1.0 percent and Paris rose 1.42 percent.

In countries affected by the decline in ratings, Athens surged more than seven percent, Lisbon jumped by more than 4.5 percent and Madrid rose 2.69 percent.

Wall Street also climbed in morning trading with the Dow Jones Industrial Average, the Nasdaq technology index and the S & P 500 each rose by more than one percent.

U.S. stocks have risen since the U.S. Federal Reserve last night looked unlikely to raise interest rates in the near future, after maintaining ultra-low borrowing costs on Wednesday.

On the foreign exchange market, the European single currency rose to 1.3357 dollars, one day after reaching 1.3115 - a level last seen in late April 2009.

The euro also rebound against the Japanese currency, rising to 124.78 yen from 124.28 yen on Wednesday.

"Data decent income has helped support the sentiment even going crisis in Greece," said analyst Jane Foley at Forex.com an online trading site.

"The word is, yesterday's downgrading of credit ratings in Spain has increased fears that the contagion would spread potentially generate Spain and Portugal in need of financial support."

In Brussels, EU Commissioner for economic and monetary issues Olli Rehn, said talks with the Greek marathon is almost complete. But he insisted that Athens must take effective action.

"We will conclude talks," he said.

The pressure on borrowing costs on Thursday in Greece reduced menanggapijanji fresh support package for the EU-IMF loan worth up to 45 billion euros ($ 60 billion dollars) in the first year alone.

Results at 10-year bond slipped to 9.04 percent of Greece from nearly 10 percent late Wednesday.

Rate of return, which shows the interest to be paid the Greek government to raise new money, has had time to reach above 11 percent on Wednesday as fears of debt default Greece.

Bond yields on 10-year Spain also eased to 4.07 percent from 4.127 percent.

At the same time, equity increased by news that business and consumer confidence in Europe reached the highest for two years.

Economic sentiment indicator reached 100.6 points in April on the 16 countries that have the euro, up substantially from 97.7 in March, said the European Union.

Figure 100 is menggambaran as long-term average, which means anything above it is the optimism and anything below shows concern for where the economy will go.

"The increase more sharply than expected in the euro zone economic confidence in April in contrast to the growing market concern that the crisis will spread to Greece perhaps other European economic zone," said ING economist Martin van Vliet.

Euro zone debt crisis hit the market in Asia on Thursday, with Hong Kong down 0.81 percent and Sydney slid 0.77 percent, while Tokyo closed for public holidays.

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