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Europe intensified

 

Debt crisis in Europe intensifiedtoshiba tabletconcerns about the euro against the yen fell below 99
  According to Japan's Kyodo news sites by worries about the impact of the debt crisis in Europe, 3 in Singapore foreign exchange market the euro against the yen in the 99.5 to 100 ranges. As of 10 am, the U.S.acer tablet dollar against the yen, 76.86.

Spain's new government, said Minister of Economy 2, 2011, the country's fiscal deficit may exceed government expectations, the euro fell rapidly in overseas markets, the euro was dropping to 98.71 versus the yen, setting a 2000 lowest since December. After the euro back above 99.

The general view, there is no fundamental way to solve the debt crisis, the euro will continue to decline in future. Market participants said, "Although there are signs of short covering, but the scale is not large, and the euro will remain bearish."

According to French radio, French President Nicolas Sarkozy and German Chancellor Angela Merkel intends to hold a summit on September 9,samsung galaxy may discuss the debt crisis response.

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