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Is Japan Becoming the Next Eurozone?
Friday, May 31, 2013 - 7:56am | 476Read More...Remember the days when only the most sophisticated of investors knew about the eurozone? Americans with more of a world view knew that it was a collection of countries in Europe but beyond that, there was very little to talk about. As the contagion from U.S. markets during the recession reached...
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Euro Steady Below $1.29
Tuesday, May 21, 2013 - 6:03am | 327Read More...The euro traded steadily below $1.29 on Tuesday morning as investors took comfort in successful bond auctions throughout the eurozone and positive reassurance about Italy's new coalition government. The common currency traded at $1.2886 at 6:37 GMT on Tuesday. Despite the region's longest...
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Italian Elections Leave Investors Scrambling for the Exits
Tuesday, February 26, 2013 - 9:04am | 533Read More...Over the last 24 hours since Italian polls have closed, election results have filtered out of the Mediterranean nation. At first glance, initial media polls showed that pro-austerity leader Pierre Luigi Bersani had a strong lead in the lower house of Parliament and could even win a majority in...
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Brent Sinks on Italian Uncertainty
Tuesday, February 26, 2013 - 7:15am | 309Read More...Italian elections drove Brent crude oil prices down after the results of the election confirmed fears that political instability in the third largest eurozone economy could be a stumbling block for the region's recovery. Brent traded at $113.73 at 7:00 GMT on Tuesday morning and showed further...
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Benzinga Market Primer: Tuesday, February 26
Tuesday, February 26, 2013 - 6:33am | 958Read More...Futures Rise After Losses, Italian Elections U.S. equity futures gained in the pre-market after massive losses Monday following the turmoil over the Italian elections. It appears as though no majority will be formed and that Italians will need to go back to the polls to try to elect a majority...
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Early Italian Media Polls Show Bersani Victory
Monday, February 25, 2013 - 10:10am | 267Read More...The first media polls released showing initial results of the Italian election show that the centrist, pro-austerity party led by Pierre Luigi Bersani holds a slight lead over opposition parties. According to Sky News Italia, the results are as follows: Bersani Coalition: 34.5 percent....
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Must Know ETFs For Italy's Election
Friday, February 22, 2013 - 5:24pm | 659Read More...Markets may be closed until Monday, but there is at least one event scheduled to start of the weekend that could have traders feeling skittish over the next 48 hours: Italy's elections. Candidates wrapped up their campaigns in the Eurozone's third-largest economy with most pundits and...
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Italian Election Preview: Will Italy Vote the Full Monti?
Friday, February 22, 2013 - 1:03pm | 522Read More...This weekend, Italians will hit the polls in the much anticipated parliamentary elections. The elections will decide the next ruling party in Italy and could very well determine the near-term future of the European debt crisis, thus making it a major trading event for investors. Opinion polls have...
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Finmeccanica CEO Arrested in Italy, Shares Tumble
Tuesday, February 12, 2013 - 7:33am | 389Read More...Giuseppe Orsi, Chief Executive Officer of Finmeccanica, the large Italian defense contractor, was arrested overnight in Italy on charges that he and his company bribed Indian officials to win defense contracts. Finmeccanica shares fell as much as 14 percent after being halted in Milan on the news...
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Euro Continues Post-Draghi Decline, Breaks Below 1.34, Eyeing Italian Elections
Friday, February 8, 2013 - 10:22am | 407Read More...Euro strength a problem? Not any more, as the euro reversed weeks of gains against the dollar as the EUR/USD declined back below 1.34 for the first time since January 25. Further, the chart for the pair is anything but rosy and should the fundamentals not change much, the pair looks set to fall...
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Benzinga Market Primer: Wednesday, January 9
Wednesday, January 9, 2013 - 6:23am | 823Read More...Futures Flat On Global Weakness U.S. equity futures were essentially unchanged overnight as fears over the health of the European economy and of growing credit risks in China spooked investors. Markets also await the interest rate decisions from the Bank of England and the European Central Bank...
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2013 Expected to be a Difficult Year in the Eurozone
Wednesday, January 2, 2013 - 7:31am | 277Read More...The euro soared on Wednesday morning, trading at 1.3270. When the US reached a fiscal cliff deal at the last minute, markets turned and risk appetite increased. The euro gained against the dollar as investors switched their money from the dollar to riskier currencies like the euro. The fiscal...
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Benzinga's 13 Themes for 2013
Friday, December 28, 2012 - 8:37am | 1413Read More...With 2013 just around the corner and most traders already closed up for 2012, it's time to look ahead to 2013. Some of the key events and market drivers next year can be foreseen and some may be somewhat speculative, but in all 2013 looks set to be another whip saw year, filled with continued...
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'Twas the Zing before Christmas
Monday, December 24, 2012 - 8:13am | 256Read More...'Twas the day before Christmas, and all across the Earth, The investors were stirring, to see what markets were worth. The trades were placed by the brokers with care, In hopes their money wouldn't disappear into thin air. The Americans were worried, some filled with dread, As visions of...
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Benzinga Market Primer, Monday, December 24: Christmas Eve Edition
Monday, December 24, 2012 - 7:34am | 700Read More...Futures Drop Fiscal Cliff Fears U.S. equity futures dropped in thin pre-market trade ahead of the half trading day as leaders failed to reach an agreement on the U.S. budget situation. It now appears likely that the U.S. will go over the Fiscal Cliff in some capacity but leaders still seem...
