Greek bonds and the euro rebounded on Monday as investors welcomed news of a €30bn discount loan deal for Greece, the FT reports. However, gold touched its best levels for 2010 in Asian trading as some in the market remain concerned that high levels of government indebtedness in developed nations makes major reserve currencies unattractive. The Dow, meanwhile, hit 11,000 ahead of US earnings season.
This entry was posted by Tracy Alloway on Tuesday, April 13th, 2010 at 4:03 and is featured in The 6am Cut London (13 Apr 2010) . Tagged with Bailout, euro, eurozone, gold, Greece, Greek bailout.
