Monday, June 22, 2015

LIVE: Greece: François Hollande hopes to “sustainable agreement” – Le Figaro

The markets show their optimism, obviously confident about the possibility of an agreement between Greece and its creditors, after a summit billed as crucial to the future of the country.

In Paris, the CAC 40 jumped more than 3%, also supported by telecom stocks soaring after the offer of Altice, the parent of Numericable, SFR, Bouygues Telecom on.
Elsewhere in Europe, in Madrid the Ibex wins 2.8%, the London Stock Exchange rises 1.23% in Frankfurt the Dax took 3.28%, while the general index of the Athens Stock Exchange skyrocketed by more than 8%.
The NYSE has in turn opened higher, boosted by renewed hope of an agreement in the Greek case. The Dow Jones gained 0.51% to 18,108.77 points in early trade. The Standard & amp; Poor’s 500 largest, grew by 0.57% to 2,121.95 points and the Nasdaq Composite takes 0.60% to 5148.04 points.



Patrick Sanders, the New York Times: “Wall Street did much more than I trust in Athens I will not believe the Greek proposals until the money comes in the boxes.”

On bond markets, borrowing rates of countries of southern Europe, the most sensitive to twists of the Greek crisis, relax tight. The 10-year rate of Italy retreated to 2.15% against 2.28% over Friday on the secondary market where previously issued debt is traded by states. The rate of the same maturity of Spain stood at just over 2.13% against 2.273%, that of Portugal flowing back to 2.89% against more than 3% on Friday. The 10-year rate of Greece also retreated to a lesser extent to nearly 11% against 12.7% on Friday.

Hervé Rousseau

LikeTweet

No comments:

Post a Comment