As sovereign debt problems in Europe and stagnant economic growth in America continue to dog the world economy, investors naturally turn to safer havens like precious metals for security. (canadianbusiness.com)
Optimism Helping to Drive U.S. Equity Markets Higher U.S. stock markets are trading sharply higher at the mid-session, driven by reports that the Greek sovereign debt problems will be resolved shortly. (forexfloor.com)
What we don't know the state of credit default swaps held by banks against sovereign debt and against European banks, nor do we know the state of CDS held by British banks, nor are we certain of how certain the exposure of British banks is to the Ireland sovereign debt problems.» (businessinsider.com)