Greece is the source of uncertainty…again
2012-11-21 15:49:07
Greece's international lenders failed to reached a deal to reduce the country's debt and release the next payment from its bailout. Euro zone finance ministers, the International Monetary Fund and the European Central Bank will gather again on Monday after nearly 12 hours of talks through the night failed to reach a consensus on how to bring Greece's debt down. Gains in world equity markets had already stalled before the Greek delay after a warning by Federal Reserve Chairman Ben Bernanke on Tuesday that the central bank lacked the tools to cushion the impact of a potential U.S. fiscal crisis.
AgroInvest comment: Economic situation in U.S.A., European Union and China will be beacons of world economy for the rest of 2012, as well as good part of 2013.
You may receive full version of the report by following the link.
In order to view sample Weekly UAIndex report, please follow the link.