EWI

European currency

Euro and PIIGS ETFs Crushed on Brexit Outcome, Down 10 Percent Or More

With the Brexit Vote only adding that much more uncertainty, the reality is setting in that this could spell long-term trouble for the European Union. Britain never did share its ...
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PIIGS ETFs and Greek ADS Respond to Athens Reopening Stock Exchange

Greece is back as a financial market again. Well, sort of. The nation finally allowed its stock market to open back up after an unheard of five-week trading halt. Needless ...
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Italy Borrowing Costs Hit Two-Year Low

Italy is one of the PIIGS, and therefore one of the big troubled spots for investors to keep their eyes on. The good news is that if the hangman is ...
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Cyprus Deposit Seizure Hitting Euro and PIIGS Banks

I already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors' ...
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Bull and Bear

13 Must-Read Weekend Stock Stories for Monday

It may be the weekend, and the DJIA hit a new high this last week, but there is no such thing as any rest for the wicked. 24/7 Wall St. ...
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PIIGS KILLERS: Italy PM Vote Threatens Austerity, All Over Again

What happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you ...
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A Direct Bailout of E.U. Banks, TARP-Lite (SAN, BBVA, NBG, IRE, DB, UBS, CS, BCS, GREK, EWP, EWI, FXE)

European leaders are taking the aid directly to the banks to stave off any added crisis.  The futures in the U.S. are soaring and the markets in Europe are up ...
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As Greece Fades, Attention Moves To Spain, Italy, Portugal (NBG, GREK, EWP, BBVA, SAN, PT, IRE, EWI, FXE, UUP)

The Greek elections went the way that the market participants were initially hoping for, but now the reality is setting in that Greece may ultimately not be able to stay ...
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The Amazing Greek Snapback Recovery For The PIIGS (NBG, GREK, EWP, PT, IRE, EWI, FXE, UUP)

Trusting anything out of Greece or any of the PIIGS nations is a bit difficult these days.  With the weekend coming upon us, Greece is set to be the center ...
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Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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Monster Recovery for National Bank of Greece (NBG, EWP, EWI)

National Bank of Greece SA (NYSE: NBG) is not just up this Tuesday.  It is up huge on a day where most investors would have assumed it would have been ...
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Fitch Joins E.U. Downgrade Waves (EWK, IRE, EIRL, IRL, EWI, TI, EWP, STD)

Fitch has joined in on the European sovereign credit rating downgrades.  First it was S&P, but we might argue that this should have mostly been factored in already.  Is it ...
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Rare Save… A Positive Bond Auction In Italy (EWI)

A bond auction in Italy may actually be some good news for the markets on this Friday the 13th.  Italy's bond auction came off with yields under 5% for this ...
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European ADRs Follow Italy Much Lower, Wrecking U.S. Market Gains (E, LUX, TI, ALU, MT, BHP, STD, IRE, CS, UBS, DB, FTE, PHG, ERIC, NOK, NBG, SI, EWI)

Well, it used to be Greece taking us down daily, but now it is the much larger concern of Italy.  The markets were supposed to be cheering that Silvio Berlusconi was ...
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