Portugal next to buckle under borrowing costs? (FEP, EMFN)
Sharply rising bond market prices this week are implying a near-70% probability of default for Portugal on a five-year time horizon.
Welcome, Guest |
Login |
Sharply rising bond market prices this week are implying a near-70% probability of default for Portugal on a five-year time horizon.
Despite fretting about trouble in Europe spreading to Brazil’s financial system, exposure to the troubled markets of Spain and Portugal seems minimal at best for South America’s biggest country.
While you cannot trade the Russian banks at all in the United States — even the foreign shares move in London — it is worth looking at their financial performance for insight into the global sector.
The currency wars have started to filter into quarterly corporate confessions, but some of the results have been surprising.
The currency wars have started to filter into quarterly corporate confessions, but some of the results have been