Much of yesterday was taken up with rumours of an alleged report that the International Monetary Fund, the European Union and the US Treasury were in the process of drawing up a €250bn credit line for Spain in order that they could avoid having to tap the bailout package agreed amongst EU finance ministers. … Read more »

London – 11th  June 2010 With Chinese exports posting their biggest gain in six years, and Japan’s economy growing more than originally thought in Q1 investors were tempted out of their shells to put some money back into the risk pot.  … Read more »