	Symbol	Bid	Ask
	EURUSD	1.3335	1.3338
	GBPUSD	1.5667	1.567
	USDJPY	94.87	94.9
	USDCHF	0.9254	0.9257
	USDCAD	1.0198	1.0201
	EURJPY	126.52	126.55
	EURCHF	1.2341	1.2344
	GBPJPY	148.59	148.66
	GBPCHF	1.4497	1.4504
	GOLD	1378.01	1378.61
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Research: Some Core Euro Countries Still Giving Cause for Concern

Quotes from Societe Generale Cross Asset Research:

-Even with new governments in place, government deficits in Spain and Ireland are still a cause for concern, while Greece is already expected to post a sharper than initially anticipated decline in GDP growth in 2012, at 5% (vs 4.5%), with elections due in May. Spain announced in March that it will not meet its deficit target in 2012 and has been downgraded to BBB+ by S&P.

-Meanwhile, encouragingly, Italy and Belgium are getting closer to the 3% target deficit for 2011. Nevertheless, some core euro countries are still giving cause for concern. In the Netherlands, the difficulty offinding an agreement on further austerity measures led to the Dutch Prime Minister's resignation (since then agreement has been reached). Austerity measures around Europe seem less convincing and some political leaders now want to try to move to a slightly more pro-growth stance.

Objavljeno: 2012-04-30 11:42:00 UTC+00

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Jun 18 at 7:17 UTC