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By Marlene Y. Satter, AdvisorOne |
May 28, 2012
Concerns eased a bit over the possibility of a Greek exit from the euro zone as Saturday polls showed rising support for pro-bailout parties in that country. But attention turned to Spain as earlier estimates of funding needed for a bailout of its largest bank looked to be seriously undervalued.
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By Marlene Y. Satter, AdvisorOne |
April 6, 2012
After the Swiss frank breached a ceiling set by the country’s central bank last September, the bank’s interim chairman said that it would defend the currency. Markets are wondering just how far he will go.
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By Marlene Y. Satter, AdvisorOne |
August 16, 2011
Tourists wanting a cup of coffee in Zurich these days will pay dearly for the privilege: A single cup at Café St. Gotthard would cost $8.30 at Tuesday’s exchange rate, according to a Bloomberg report.