Markets News Monday: Shares rise in Europe; Markets in UK and US closed for public holidays; Eurozone austerity measures to have neutral impact overall

by admin on May 31, 2010

Markets news on stocks, currencies and commodities; Markets in the UK and the US are closed Monday for public holidays. Meanwhile, several countries in Europe are cutting spending plans in response to the debt crisis and Italy was the latest to implement austerity measures last week. However, the Eurozone as a whole isn’t tightening its fiscal belt this year amid concerns about the vitality of the global economic recovery.

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  1. Markets News Thursday: Shares rise in Europe; Bank of Japan calls for government plan to cut public debt; Pernod Ricard earnings dip
  2. Global Economic Prospects 2010: World Bank says recovery will slow as impact of fiscal stimulus wanes; Says crisis fallout will impact finance and growth over next 10 years
  3. Markets News Thursday: Greece proposes new austerity measures; Hewlett-Packard expected to fire latest CEO
  4. Markets News: Shares rise on Eurozone crisis measures; Elan reports 17% rise in Q3 revenues
  5. Markets News Monday: Irish Government gives additional €2bn to the hemorrhaging Anglo Irish Bank; UK/US market closed for public holidays; Eircom raises prices

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