Irish Stocks Giving Up More Gains, Portuguese CDS Widen

The response to the Irish bailout news really is less than enthusiastic.

(Felix Salmon has a good critique of it, which basically boils down to: it’s not enough.)

Irish shares are up just around 0.5%.

And Portuguese CDS are wider according to Markit as markets bet that it’s next, rather than that it’s been firewalled off.

null

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.