European Equities Lower as Spanish Debt Hits 7%
Tweet Send to a Friend
European ETF (NYSE: VGK) is expected to open lower on Thursday as markets in Europe slide. Spanish 10-year treasures yields hit new highs today at 7 percent after Moody's downgraded the country. Italian debt yields were also higher, climbing as high as 6.43 percent. Eurozone annualized CPI was reported inline at 2.4 percent, while core CPI came in at 1.6 percent. The price of the Euro is steady and may trade in a tight range ahead of Greek elections. U.S. CPI is on tap for later today is expected to show a slight decline.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Markets Fluctuate on Chatter of Early QE Exit by Fed
- Gold Sinks Below $1400/oz (GLD) (IAU) (SLV)
- Hedgies Betting on Lower Gold Prices as Slump Continues (GLD) (IAU)
Create E-mail Alert Related Categories
ETFs, Market Check
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
