By David Bird Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude oil futures prices were off session highs, but were trading 1.4% higher near $97 a barrel after midday on news that the vast majority of European banks passed a stress test. The euro traded unchanged against the dollar Friday as investors shrugged off European [...]
July 15th, 2011 | Posted in Stress Test | No Comments
The first two European bank stress tests were simply jokes without punch lines. Failing to fully take into consideration sovereign default risks doesn't even illustrate How Greece Killed Its Own Banks!not to mention By Arpan Mukherjee Of DOW JONES NEWSWIRES WELLINGTON (Dow Jones)–Precious metals were mixed in Asia Friday ahead of European bank stress test [...]
July 15th, 2011 | Posted in Stress Test | No Comments