Traders have seen a material jump in borrowing costs in the debt-plagued countries on the edge of the euro zone. This week, Spain is the focus again.
Good news out of Europe this weekend, at least. The new terms of the debt rescue fund give Greece, Portugal and even Spain a lot more breathing room, and that is a euro positive.
The flight from banks with the most exposure to the latest round of Europe’s sovereign debt woes seems to have paused for the time being as traders turn bullish on the big names.
Between Korea, China and the EU, markets are on edge. If you walk in on Monday without checking out what Asia did on Sunday night
With Korean war threats and European Union sovereign failures still very much on the front burner of global news flow