|
|||||
|
1) Spain Sees Bond Spreads Rise “Wary investors pushed up Spain’s borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country’s efforts to avoid a Greek-style debt crisis. Good news on the jobs market seemed to give markets little cheer. The spread  the difference in the interest rates between the Spanish bond and its German equivalent  reached 176 basis [...] 1) Germans lead gold rush frenzy “At the Rand refinery in South Africa, the phone has not stopped ringing this week. Panicking German dealers and banks have been desperate to get their hands on krugerrands, the world’s most popular gold coin. “We have some extraordinary sales to German customers,” says Deborah Thomson, the Rand treasurer. The refinery, which usually sells 2,000 coins to each customer at a time, says [...] |
Custom Search
    |
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
|||||
