Arab Today, arab today eu markets end the week on a down note
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

EU markets end the week on a down note

Arab Today, arab today

Arab Today, arab today EU markets end the week on a down note

Rome - ANSA

Most European stock markets closed lower on Friday despite efforts one day earlier by the European Central Bank to boost economic growth via interest rate cuts. The euro hit a two-year low against the U.S. dollar after Thursday\'s interest-rate cut by the ECB brought its key lending rate to 0.75% and made the currency even less appealing. The euro closed Friday at $1.226. The spread between Italian 10-year bonds and the German benchmark, a key indicator of investor faith in Italy\'s ability to weather the debt crisis, rose 10 points to end the day at 467. Italian bond yields reached 5.99%. Spain\'s 10-year government-bond yields rose past 7%, an unsustainable level and one that could push the country to seek a bailout, similar to that of Greece or Portugal. (ANSAmed).

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GMT 21:25 2017 Wednesday ,24 May

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Egypt bourse rebounds at beginning of trading

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