LONDON (Reuters) - The euro rose on Tuesday on speculation that European Union nations could bail out errant member Greece, while global stocks were flat and emerging market shares climbed.
Expectations about a rescue for Greece followed news that European Central Bank President Jean-Claude Trichet was leaving a meeting of central bankers in Sydney early to attend a European Union leaders' summit.
EU leaders will hold a special summit on the economy on Thursday in Brussels amid increasing worries that Greece and other so-called peripheral euro zone economies cannot handle their debts and deficits.
Spreads between German 10-year bonds and Portuguese and Spanish equivalents tightened. The spread with Greek debt was steady, but wide at 365 basis points.
Concerns about the euro zone's sovereign debt troubles have battered financial markets this year, even pressuring U.S. banks on Wall Street on Monday.
ada tak korang layan cite ekonomi dunia nih..kekadang baca pun ok gak..sbb ekonomi dunia ni balik2 akan ada implikasi terhadap ekonomi malaysia jugak
kalau korang perasan seminggu dua ni ringgit jatuh berbanding usd disebabkan isu greece ni. in general usd yg naik disebabkan faktor risk aversion especially against euro tapi ringgit pun mmg terbabit sama lah.
apa2 pun harap2nya ekonomi dunia boleh kembali seperti biasa lah walaupun rasa nya mkn masa sikit.