| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, June, 13 | |||||||
| Markets finished down today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (27) | points | 12,547 | 1:46 PM | ||
| S&P500 | Down | -0.70% | percent | 1,315 | |||
| Nasdaq Composite | Down | -0.86% | percent | 2,819 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.71 | |||
| According to Bloomberg, Deutsche Bank has as much as 14 billion euros ($17.5 billion) at risk at its Italian and Spanish units which would reduce its capital if those countries leave the euro according to analysts at Espirito Santo Investment Bank. Deutsche Bank’s loans amount to 205 percent of deposits at the Italian unit and 314 percent in Spain. | |||||||
| Pressure is building Italian bonds leading up to the auction of €4.5 billion ($5.62 billion) in medium- and long-term debt on fears that the EU would not be able to help Italy if it needed a bailout. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-13/deutsche-bank-may-have-14-billion-euro-italy-spain-funding-gap.html | |||||||
| http://www.marketwatch.com/story/focus-to-shift-to-italy-ahead-of-key-auction-2012-06-13 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-o6 | ||||||