Saturday, March 26, 2011
it should first of good effect of gold
Of course, this doesn't mean the market won't appear in the next few months variables, Portuguese debt crisis may affect the market "surfaced". Portugal tightening measures by the plan, could trigger a parliamentary vote against live the European debt crisis in Portugal worries, $Wednesday was significantly turn strong signs already. Portuguese prime minister Socrates has handed in his resignation to the President, he warned that seeking international aid will bring more severe consequences, austerity measures will be tougher for Portugal, expect the market confidence will very dim. The organization for economic cooperation and development secretary ChangGe leah Wednesday (March 23) said, if Portugal parliament by the Portuguese government proposed can tighten financial plan, it may cause the sovereign debt market nervous situation. Goliath expressed hope that Portugal won't be forced to the European Union (EU) and the international monetary fund (IMF) applying for aid. But if the Portuguese parliament by fiscal austerity measures, not so confined market are expected.wu vwu yang To ensure that the market for Portugal faith, Portugal plan will national deficit gross domestic product (GDP) ratio cut from 2009 to 2013 9% of the 3% below. The market in the next few months to Portugal for its due debts cannot delay worries is pushing up the cost of financing of the country. If the cost of financing Portugal rise further, then the government will have to seek the EU and IMF financing assistance. Fitch ratings on Thursday to "cut the Portuguese sovereign rating A -" class, cut the Portuguese sovereignty rating reflects the veto government tightening in parliament, policy implementation and after plan fiscal financing risk increase, cut the Portuguese sovereign rating reflects on March 23, prime minister resigned factors. Rating outlook for negative displayed in the next three to six months to further downgrade Portuguese sovereign rating is more likely. S&p also will drop to BBB, Portuguese rating for negative outlook still. If the next two months, Portugal from market financing, unable to turn to the European Union and international monetary fund applying for aid, the European debt crisis can be formed after the Greek version, Ireland version of the Portuguese version. Expected Portugal will soon seeking the eu and the IMF aid, scale up to 800 million euros 10 or around in April, the earliest or requests. If that is the case, it should first of good effect of $gold, need to be further observation, gold and dollar reverse fluctuations should, namely may usher in a complex adjustment process. Although Europe may interest rate rise boost euros, but initial interest rate rises not against the euro and coherent, boost could also has a limit. This is one that we need to keep a close watch on clues. Foreign exchange nets statement: foreign exchange nets reproduced the above contents, don't show proved its description, only for investors reference, does not constitute investment advice. Investors accordingly, winds. Operation
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment