Spanish and Italian government bonds weakened, as did more-speculative currencies like the South African rand.
The report boosted European stocks and the Euro currency, while Spanish and Italian bond yields fell.
FORBES: A.M. Kitco Metals Roundup: Gold Trades Near Steady as FOMC Meeting Looms
But British banks and Spanish and Italian banks have other bad things in common.
BBC: Downgraded UK banks, bonuses and Bank of England support
The most important indicators, spreads on Spanish and Italian bonds over German bunds, have come down dramatically.
You could see that here in this cathedral at Christmas Masses, speaking in English, German, Spanish and Italian.
Spanish and Italian bond yields inched up overnight, but were still near multi-month lows and well below 6%.
FORBES: Gold Weaker on Profit Taking from Last Week's Big Gains; Bulls Still Technically Strong
Activation of the OMT is still not inevitable, despite the increase in Spanish and Italian borrowing costs Tuesday.
Spanish and Italian bond yields have declined this week, which also suggests a stabilizing overall EU debt crisis.
Spanish and Italian assets were under pressure again amid concerns about Spain's fiscal outlook and the sluggish euro-zone data.
In overnight news, Spanish and Italian bond yields held steady following successful government debt auctions in both countries Tuesday.
Even better, China has more cash in its kitty than the entire value of the Spanish and Italian economies.
The news lifted the Euro currency and lowered Spanish and Italian bond yields.
It can flood domestic Spanish and Italian banks with liquidity or cheap loans.
Spanish and Italian bond yields have inched up this week, but are still near multi-month lows and well below 6%.
FORBES: Gold Firmer amid Consolidation; Key Events This Week Awaited
On Thursday, Spanish and Italian bond yields fell slightly, in another positive sign the EU debt crisis is now stable.
FORBES: A.M. Kitco Metals Roundup: Gold Weaker amid Increased Investor Risk Appetite
In overnight news, European stocks were weaker along with the Euro currency, as Spanish and Italian bond yields crept higher.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Firmer on Short Covering, Bargain Hunting
The widening spreads reflect the fact the investors are demanding more of a premium to hold Spanish and Italian government debt.
The Euro rose against the U.S. dollar overnight, while Spanish and Italian bond yields declined to their lowest levels in months.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Rebounds amid Bullish Outside Markets
Cisneros will soon announce he's bought rights to Spanish and Italian League soccer, among whose players are many popular South Americans.
Spanish and Italian borrowing costs, which recently threatened pushing both of these large economies out of markets, are now under control.
FORBES: Is The Rally Over? German Court Ruling And Bernanke The Final Catalysts
Meanwhile, Spanish and Italian borrowing costs continued to rise to unsustainable levels Monday, with Spain's 10-year bond topping the critical 7% level.
CNN: Eurozone ministers agree bailout for ailing Spanish banks
Russia keeps its international reserves in many international bonds, including low rated Spanish and Italian sovereign debt, all trading at steep discounts.
If the banks take a large haircut on Greek loans, will this not call into question their Spanish and Italian loans?
FORBES: Don't Hold Your Breath For A Brussels Solution To Europe's Crisis
Declining Spanish and Italian bond yields suggest a stabilizing European Union debt situation, even though serious financial problems in the bloc remain.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Rebounds amid Bullish Outside Markets
Also helping stocks are Spanish and Italian bond yields that fell overnight.
FORBES: Housing And Europe Overpower IBM, Intel Double Downer
The ECB reports did push up Spanish and Italian bond yields Monday.
FORBES: Comex Gold Ends Near Steady as Bernanke Remarks Awaited
Spanish and Italian bond yields declined to their lowest levels in months.
Yields on Spanish and Italian bond yields are on the rise again.
FORBES: A.M. Kitco Metals Roundup: Gold Sharply Lower amid "Risk Off" Day, Profit Taking
Spanish and Italian bond yields were lower overnight, on some building optimism the EU debt crisis may at least be stabilizing a bit.
FORBES: Comex Gold Firmer on Follow-Through Strength from Friday's Strong Gains
Spanish and Italian bond yields have been stable to falling, which hints the EU debt crisis is at least not worsening at present.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Weaker on Corrective Pullback from Monday's Gains
应用推荐