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Greek Tension Causes Fist-Fight Between Radical Leaders

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  • Description

    FBN's Ashley Webster weighs in on European economic news.

  • Duration 2:20
  • Date

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And -- now.

Like animated -- Breaking news the right now seriously coming in from Fitch have Fitch's is actually downgraded.

Spain it actually Webster happens to be right next to -- to talk about global market the first your reaction to that means I don't think I.

-- now in fact we understand is going to be an IMF report out early next week the shows that Spanish banks need a cash injection of some fifty.

Billion dollars so suddenly the credit outlook a little tenuous -- initial term.

But turns out the Ben Bernanke today has been a bit of may well -- spoiler following China's interest rate cut Spain's better than expected debt auction.

European markets were getting a nice boost but then the Fed Chairman was noncommittal in his comments today on.

Anymore bomb buying and the markets -- some steam pop in London.

Footsie still managing to gain more than 1% on the day the banks having a nice day while in Paris the cac finishing up by about four tenths of a percent.

As you can see in Frankfurt the facts affinity also finished up about eight -- now getting back to Spain stocks rallying -- today.

After the government sold a total of two point six billion dollars of debt -- -- a key testicles of market sentiment but the sale.

-- -- chiefly the average yield on the Spanish ten year note now just over 6%.

I'll look very expense.

That again -- huge built awareness on Spain which is troubling and also troubling is what's happening in -- for ten days away ten days when the elections and this could be probably will mean more chaos -- I think.

So I mean look someone -- it's a vote on whether Greece stays in -- drops out of the eurozone rather than electing a president but it is starting to get ugly.

Especially between the leaders of the radical right on the radical left just check out this free for -- during a live TV show in Athens.

-- -- -- -- -- -- -- -- -- -- It's look I mean I don't get a woman I'm done now and -- doing that.

Is the leader of the golden -- popularized the radical right.

And he's taking swings -- pretty radical -- -- -- recently arrested.

Well they came back he was missing from the panel but the show went on so I cannot -- an -- that -- assignment he's -- his men.

And all right we're actually left to thank you very much rather breaking news there and getting that reaction -- Dennis --

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