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Jul 4, 13 •
3287 Views •
Mind The Gap •
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One of the PIIGS is beginning to squeal, Portugal’s bond yields rise past the critical 7% yield to 8%. Bond traders have been selling Portuguese debt this morning, in turn driving down its price and as a consequence pushing up the interest rate (yield)...
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Jul 3, 13 •
3434 Views •
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Is it too early to become relieved by Spain’s job numbers? The number of unemployed in Spain at the end of June 2013, according to data from the records of the Public Employment Service, has dropped by 127,248 versus the previous month. The reduction is...
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Jul 2, 13 •
3315 Views •
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In the overnight/early morning Asian session the print published regarding Chinese data, (the manufacturing PMI), came in as forecast by the economists polled. The figure was 50.1. The HSBC Markit publication was slightly lower than forecast at 48.2, a nine...
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Jul 1, 13 •
3539 Views •
Mind The Gap •
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Comments Off on Mind The Gap; Our Mid Morning Update Per The New York Open…
In the overnight/early morning Asian session the print published regarding Chinese data, (the manufacturing PMI), came in as forecast by the economists polled. The figure was 50.1. The HSBC Markit publication was slightly lower than forecast at 48.2, a nine...
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Jun 27, 13 •
3431 Views •
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Comments Off on Mind The Gap; London Market Update And New York Preview…
The UK balance of payments data has been published in the morning London session. The prediction was for a minus £11.9 bn deficit, but the figure came in far worse than the economists’ predictions at £14.5 bn, thereby exceeding the previous...
