Posts Tagged ‘greece’

  • Forex Market Commentaries - Deadline For Greece

    Another Day, Another Deadline

    Feb 8, 12 • 2158 Views • Market Commentaries Comments Off on Another Day, Another Deadline

    Another Day, Another Deadline – Greece Set For 1 pm (GMT) Crucial Meeting One deadline after another has come and gone over recent weeks. The leaders of the three parties in the coalition government of Prime Minister Lucas Papademos postponed on Tuesday...

  • Daily Forex News - Greece Bond Yield

    Greece's One-Year Bond Yield Rose To 528% On Tuesday, 527.9% above Germany's

    Feb 8, 12 • 2305 Views • Between the lines Comments Off on Greece's One-Year Bond Yield Rose To 528% On Tuesday, 527.9% above Germany's

    It’s extremely difficult to sum up what’s happened recently without being open mouthed. There comes a time when you begin to run out of adverbs and adjectives to either understand or explain the overall global economic situation. On the day when...

  • Forex Market Commentaries - Paul Krugman On Greece Default

    Greece Will Default On Its Debt And Will Eventually Leave The Euro

    Feb 3, 12 • 7582 Views • Market Commentaries 1 Comment

    “Greece Will Default On Its Debt And Will Eventually Leave The Euro” – Paul Krugman The USA jobs numbers could disappoint.. So another month ticks by and another ‘NFP day’ comes around. For what it’s worth my advice is...

  • Forex Market Commentaries - Economic Death Of A Generation

    The Economic Death Of A Generation

    Feb 2, 12 • 2085 Views • Market Commentaries Comments Off on The Economic Death Of A Generation

    George Bush gave some legendary quotes during his time in office, the media labeled them “Bushisms”. On occasion a light was shone into the truth behind the actions of the USA admin. and govt. due to his quotes. This quote, (however clumsy),...

  • Forex Market Commentaries - Greece PSI Sticking Points

    There's A Few Sticky Points To The Sticking Plaster For Greece

    Feb 2, 12 • 3451 Views • Market Commentaries 1 Comment

    A spokesman for the Greek government said this morning that negotiations with its lenders are now focused on three issues; wages, pensions and bank recapitalization. Pantelis Kapsis, when interviewed, told Greek television that there are just a few...

  • Forex Market Commentaries - No End In Sight Even After Greek Debt Swap

    The Suffering In Greece Won't Vanish Once The Ink Dries On The Swap Deal

    Feb 1, 12 • 2092 Views • Market Commentaries Comments Off on The Suffering In Greece Won't Vanish Once The Ink Dries On The Swap Deal

    The highest proportion of European companies on record are missing profit estimates despite the region’s stocks post their best start to a year since 1998. Market bulls believe that the Stoxx 600 will extend this year’s four percent gain as the region’s...

  • Forex Market Commentaries - Default is not a get out of capitalism free card

    Default Is Not A Get Out Of Capitalism Free Card

    Jan 31, 12 • 2160 Views • Market Commentaries Comments Off on Default Is Not A Get Out Of Capitalism Free Card

    Default Is Not A Get Out Of Capitalism Free Card, But There’s Always The Sun The first time I went to Greece was to a small island called Lefkas, back then the small village of Vasiliki was at the time (late 80’s) termed “the windsurfing...

  • Forex Market Commentaries - Spain, A Whale Stranded On The Coast Of Europe

    A Whale Stranded Upon The Coast Of Europe

    Jan 27, 12 • 2081 Views • Market Commentaries Comments Off on A Whale Stranded Upon The Coast Of Europe

    Edmund Burke, a British statesman and philosopher who lived from 1729-1797, once described Spain as “a whale stranded upon the coast of Europe”. That quote seems apt on the morning that desperately poor Spanish unemployment figures have been...

  • Forex Market Commentaries - Banksters And Offers You Can't Refuse

    Making An Offer They Can't Refuse

    Jan 26, 12 • 4399 Views • Market Commentaries 1 Comment

    The word “bankster” has been over used since the crash of 2008. In some respects, witnessing the unelected premiers of Greece and Italy turn the tables versus the banksters, is fascinating. To use the German word “schadenfreude” seems...

  • Forex Market Commentaries - Greek And Euro Ministers

    Greek & Euro Ministers Play Game Of Show & Tell With Private Bondholders

    Jan 24, 12 • 2225 Views • Market Commentaries Comments Off on Greek & Euro Ministers Play Game Of Show & Tell With Private Bondholders

    Following yesterday’s meetings in Brussels, Greek ministers have insisted that banks must accept a lower interest rate on the new Greek bonds that they will receive as part of the ‘swap’ deal. The 4% coupon demanded by the Institute of...

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