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World stocks, euro climb as Greece nears bailout


postedPublished:Fri, 17 Feb 2012 05:04:00 -0800 
LONDON (Reuters) - World stocks hit a 6-1/2 month peak on Friday and the euro bounced higher from a three-week low against the dollar as hopes Greece will seal a long-awaited bailout deal next week fuelled risk appetite. A strong sentiment boost from Thursday's upbeat U.S. jobs and factory activity data carried over into European trade, with U.S. stock futures pointing to a firmer open on Wall ......


Gold edges up on Greece bailout hopes


postedPublished:Thu, 16 Feb 2012 22:19:31 -0800 
SINGAPORE (Reuters) - Gold prices rose on Friday as optimism that Greece may soon secure an urgently needed bailout buoyed financial markets and helped bullion recover from a one-week low hit in the previous session. Gold has moved in the range between $1,700 and $1,760 since the beginning of the month, closely tracking the progress and setbacks in Greece's struggle to obtain a 130-billion euro ......


GLOBAL MARKETS-Stocks, euro climb as Greece nears bailout


postedPublished:Fri, 17 Feb 2012 05:03:21 -0800 
* World stocks at 6-1/2 month peak on Greece bailout hopes * Dollar at 3-1/2 month high vs yen * Spain, Italy bond yields, spreads fall LONDON, Feb 17 (Reuters) - World stocks hit a 6-1/2month peak on ......

PRECIOUS-Gold up on Greece bailout hopes; heads for weekly gain


postedPublished:Thu, 16 Feb 2012 23:08:24 -0800 
* Greece hopes to secure bailout on Monday * Gold could test higher after failing to breach $1,700/oz (Updates prices; adds comments) By Rujun Shen SINGAPORE, Feb 17 (Reuters) - Gold prices rose onFriday ......

Greece seeks Monday bailout deal, EU questions remain


postedPublished:Wed, 15 Feb 2012 15:18:52 -0800 
ATHENS (Reuters) - Greece expressed hope it can secure its second EU/IMF bailout in as many years and a deal on easing its debt burden next week, but its euro zone peers made clear the months of increasingly ill-tempered argument are not quite over yet. Finance Minister Evangelos Venizelos said the Greek side had met the final two demands set by the European Union and IMF to seal the 130 billion ......

PRECIOUS-Gold edges up on Greece bailout hopes


postedPublished:Thu, 16 Feb 2012 19:21:05 -0800 
* Greece hopes to secure bailout on Monday * Gold could test higher after failing to breach $1,700/oz (Adds details, comments; updates prices) By Rujun Shen SINGAPORE, Feb 17 (Reuters) - Gold prices rose ......

Germany Seeks More Oversight in Greece Bailout


postedPublished:Fri, 17 Feb 2012 02:21:36 -0800 
Optimism grew on Friday that Greece has finally done enough to secure a second bailout despite worsening relations with Germany, but doubts remained over lenders' demands for tighter supervision of how Athens will implement the deal....

FOREX-Euro on defensive on talk of Greece bailout delay


postedPublished:Wed, 15 Feb 2012 16:41:50 -0800 
* Euro zone considers delaying Greece bailout -sources * Traders unsure how Greece can redeem debt with no bailout * Euro clings to 55-day average, 38.2 pct retracement * Dollar/yen off 3-1/2 month high ......

Greece seen closer to bailout on ECB move


postedPublished:Fri, 17 Feb 2012 03:00:43 -0800 
Ahead of a key Monday meeting of financial ministers, a Greek bond swap by the European Central Bank and other developments boost hopes that Athens may finally secure a second bailout — crucial to Greece averting a disorderly default....