Mei 14 • Nā manaʻo ʻōlelo mākeke • 7620 Nānā • Comments Off ma nā hanana kalena hoʻokele waiwai a me nā kūʻai palapala hoʻopaʻa Mei 14 2012
I kēia lā, lahilahi ke kalena hoʻokele waiwai me ka ʻikepili euro ʻoihana hana ʻikepili a me ka helu hope loa o ka hoʻonui CPI Italia. Hui nā Kuhina Waiwai Euro ma Palukela a me Sepania (12/18 mahina T-Bills), Kelemania (Bubills) a me Italia (BTPs) e kāomi i ka mākeke.
Ma ka ʻāpana euro, ua wānana ʻia ka hana ʻoihana no ka lua o ka malama pololei i Malaki, akā ʻo ka wikiwiki o ka hoʻonui e manaʻo ʻia e lohi.
Ke ʻimi nei ka ʻae no ka piʻi aʻe o 0.4% M / M i Malaki, ka hapalua o ka wikiwiki i hoʻopaʻa inoa ʻia i Pepeluali (0.8% M / M). I Pepeluali akā, ua hoʻonui ʻia ka hana e ka ikehu ma muli o ke anuanu loa. Ua hōʻike mua ʻia ka ʻike aupuni i kahi kiʻi kāwili ʻia. Ua hōʻike ka hana Kelemania a me Italia i kahi rebound e pili ana i ka wā, ʻoiai ua hāʻule ka hana Sepania a me Palani i Malaki.
No ka ʻāpana euro, manaʻoʻiʻo mākou aia nā makaʻu ma lalo o nā mea i manaʻo ʻia, ʻoiai ʻaʻole pili ka heluhelu ʻana o EMU i ka ʻāpana kūkulu, ʻoiai e hāʻule hope paha nā ʻoihana.
I kēia lā, hoʻopili ka ʻoihana ʻaiʻē ʻItalia i ka mākeke ma nā mākeke paʻakikī. ʻO nā laina i hāʻawi ʻia ma ka holo 3-yr BTP (€ 2.5-3.5B 2.5% Mar2015) a me kahi hui o ka holo 10-yr BTP (4.25% Mar2020), ka ma ka holo 10-yr BTP ( 5% Mar2022) & mai ka holo 15-yr BTP (5% Mar2025) no kahi € 1-1.75B keu. ʻO ka huina haʻahaʻa haʻahaʻa i hāʻawi ʻia, a me ka nānā ʻana i ka tenor pōkole, pono naʻe e hiki i nā mea hoʻopukapuka (home) ke ʻānai.
Hoʻopili ka waihona Finnish i ka holo 5-yr RFGB (€ 1B 1.875% Apr2017). ʻO kēia wale nō ka manawa ʻelua o Finilani e hele mai ai i ka mākeke hoʻopaʻa no € -issuance i kēia makahiki. E hui paha ka pepa helu AAA me ka noi maikaʻi.
I kēia lā, hui ka hui Euro (nā Kuhina Waiwai EMU) ma Palukela, ʻoiai i ka lā ʻapōpō hui ka Ecofin ākea. He hālāwai hoihoi paha ia, i kēia manawa ua hoʻi mai ka pilikia aie euro mai ka haʻalele ʻole loa ʻana.
ʻO ke koʻikoʻi ma Helene a me Sepania ka maka nui loa. Eia nō naʻe, ua hoʻololi i nā koho balota Palani ka hoʻopaʻapaʻa me nā pilikia waiwai. I kēia ʻano, ua kamaʻilio nui nā alakaʻi EMU nui e pili ana i kahi kuʻina ulu. E kamaʻilio paha nā Kuhina Waiwai a hoʻomākaukau i ka pact ulu e kūkākūkā hou ʻia ma kahi papa ʻaina "pact" ulu ʻole e nā alakaʻi EMU a pono e ʻaelike ma ka hopena o Iune EU Summit.
Ua ʻae ʻia paha ke kumumanaʻo a ʻoi aku paha, akā ma nā ana paʻa i ʻokoʻa loa ka ʻokoʻa o ka manaʻo a ʻo ia nō hoʻi ka hihia ma ke kālā o ka pact.
Ua ʻōlelo ʻo Komisina Rehn i ka hopena pule ua hōʻole ʻo ia ma ke ʻano he koho wahaheʻe austerity stimulus. Pono nā mea ʻelua. Pono nā ʻāina e noho ma ka papa i ka hoʻohui kālā inā pono nā hoʻopukapuka lehulehu a me nā pilikino ponoʻī. ʻO ka noi a ke Komikina EU i Sepania e hāʻawi ʻia i hoʻokahi makahiki keu e ʻoki ai i ka deficit i 3% o ka GDP (ma lalo o kekahi mau kūlana) e hoʻolaha ʻia i nā ʻāina ʻē aʻe.
Inā hoʻokō lākou i nā ana austerity i ʻae ʻia a ʻoi aku ka deficit ma mua o ka pahu hopu, ʻaʻole lākou e koi ʻia e hana i nā ana.
ʻO ke kumuhana ʻelua o ka hālāwai ke ʻano ma Greece a me kona hopena ma loko o EMU. Ma ka hopena pule, ua ʻōlelo ʻo Pelekikena o ke Komikina o EU, ʻo Barroso, e haʻalele ʻo Helene i ka euro inā ʻaʻole ia e mālama i nā lula o ka euro (nā pāʻina, ka papahana bailout). Aia kekahi mau kumuwaiwai koʻikoʻi i hoʻokau iā Helene no ke koho e noho me ka papahana hoʻopakele a i ʻole ke alo a paʻa a puka.
Manaʻo mākou e noho nui ʻo Helene ma nā kūkā kamaʻilio Eurogroup a ʻoiai ʻaʻole hoʻolaha ʻia, pono e hoʻolālā B i kahi hoʻomākaukau. No laila, hoihoi paha nā manaʻo ma hope.
ʻO ka hope loa ka helu ʻekolu ʻo Sepania. Loaʻa nā koho liʻiliʻi a ke aupuni a ʻo kekahi ʻano o ke kākoʻo multilateral e pono e ʻoi aku ma mua o ka ʻoluʻolu. Eia nō naʻe, ʻo kahi pūʻulu pālākiō piha e mālama iā lākou mai nā mākeke no kekahi manawa paha he counterproductive, akā ʻo kekahi kākoʻo no ka ʻāpana panakō ma o EFSF, inā ʻaʻole pono e hele i loko o nā moʻokāki Sepania.
Makaʻu mākou i ʻole e hōʻemi ʻia ka hoʻoliʻiliʻi hou i nā mākeke. ʻAʻole mākou e noʻonoʻo aia ka pūʻulu Euro ma kahi o ka lawe ʻana / manaʻo ʻana i nā hoʻoholo, akā e kūkākūkā ʻia paha kēia mea.
ecofinEurogroupEurozoneHelene
« Nānā Mākeke Mei 14 2012 Nā hopena o ka EU Mess ma ka EUR / GBP »
Nā hanana kalena hoʻokele waiwai a me nā kūʻai palapala hoʻopaʻa Mei 14 2012
Mei 14 • Nā manaʻo ʻōlelo mākeke • 7620 Nānā • Comments Off ma nā hanana kalena hoʻokele waiwai a me nā kūʻai palapala hoʻopaʻa Mei 14 2012
I kēia lā, lahilahi ke kalena hoʻokele waiwai me ka ʻikepili euro ʻoihana hana ʻikepili a me ka helu hope loa o ka hoʻonui CPI Italia. Hui nā Kuhina Waiwai Euro ma Palukela a me Sepania (12/18 mahina T-Bills), Kelemania (Bubills) a me Italia (BTPs) e kāomi i ka mākeke.
Ma ka ʻāpana euro, ua wānana ʻia ka hana ʻoihana no ka lua o ka malama pololei i Malaki, akā ʻo ka wikiwiki o ka hoʻonui e manaʻo ʻia e lohi.
Ke ʻimi nei ka ʻae no ka piʻi aʻe o 0.4% M / M i Malaki, ka hapalua o ka wikiwiki i hoʻopaʻa inoa ʻia i Pepeluali (0.8% M / M). I Pepeluali akā, ua hoʻonui ʻia ka hana e ka ikehu ma muli o ke anuanu loa. Ua hōʻike mua ʻia ka ʻike aupuni i kahi kiʻi kāwili ʻia. Ua hōʻike ka hana Kelemania a me Italia i kahi rebound e pili ana i ka wā, ʻoiai ua hāʻule ka hana Sepania a me Palani i Malaki.
No ka ʻāpana euro, manaʻoʻiʻo mākou aia nā makaʻu ma lalo o nā mea i manaʻo ʻia, ʻoiai ʻaʻole pili ka heluhelu ʻana o EMU i ka ʻāpana kūkulu, ʻoiai e hāʻule hope paha nā ʻoihana.
I kēia lā, hoʻopili ka ʻoihana ʻaiʻē ʻItalia i ka mākeke ma nā mākeke paʻakikī. ʻO nā laina i hāʻawi ʻia ma ka holo 3-yr BTP (€ 2.5-3.5B 2.5% Mar2015) a me kahi hui o ka holo 10-yr BTP (4.25% Mar2020), ka ma ka holo 10-yr BTP ( 5% Mar2022) & mai ka holo 15-yr BTP (5% Mar2025) no kahi € 1-1.75B keu. ʻO ka huina haʻahaʻa haʻahaʻa i hāʻawi ʻia, a me ka nānā ʻana i ka tenor pōkole, pono naʻe e hiki i nā mea hoʻopukapuka (home) ke ʻānai.
Hoʻopili ka waihona Finnish i ka holo 5-yr RFGB (€ 1B 1.875% Apr2017). ʻO kēia wale nō ka manawa ʻelua o Finilani e hele mai ai i ka mākeke hoʻopaʻa no € -issuance i kēia makahiki. E hui paha ka pepa helu AAA me ka noi maikaʻi.
I kēia lā, hui ka hui Euro (nā Kuhina Waiwai EMU) ma Palukela, ʻoiai i ka lā ʻapōpō hui ka Ecofin ākea. He hālāwai hoihoi paha ia, i kēia manawa ua hoʻi mai ka pilikia aie euro mai ka haʻalele ʻole loa ʻana.
ʻO ke koʻikoʻi ma Helene a me Sepania ka maka nui loa. Eia nō naʻe, ua hoʻololi i nā koho balota Palani ka hoʻopaʻapaʻa me nā pilikia waiwai. I kēia ʻano, ua kamaʻilio nui nā alakaʻi EMU nui e pili ana i kahi kuʻina ulu. E kamaʻilio paha nā Kuhina Waiwai a hoʻomākaukau i ka pact ulu e kūkākūkā hou ʻia ma kahi papa ʻaina "pact" ulu ʻole e nā alakaʻi EMU a pono e ʻaelike ma ka hopena o Iune EU Summit.
Ua ʻae ʻia paha ke kumumanaʻo a ʻoi aku paha, akā ma nā ana paʻa i ʻokoʻa loa ka ʻokoʻa o ka manaʻo a ʻo ia nō hoʻi ka hihia ma ke kālā o ka pact.
Ua ʻōlelo ʻo Komisina Rehn i ka hopena pule ua hōʻole ʻo ia ma ke ʻano he koho wahaheʻe austerity stimulus. Pono nā mea ʻelua. Pono nā ʻāina e noho ma ka papa i ka hoʻohui kālā inā pono nā hoʻopukapuka lehulehu a me nā pilikino ponoʻī. ʻO ka noi a ke Komikina EU i Sepania e hāʻawi ʻia i hoʻokahi makahiki keu e ʻoki ai i ka deficit i 3% o ka GDP (ma lalo o kekahi mau kūlana) e hoʻolaha ʻia i nā ʻāina ʻē aʻe.
Inā hoʻokō lākou i nā ana austerity i ʻae ʻia a ʻoi aku ka deficit ma mua o ka pahu hopu, ʻaʻole lākou e koi ʻia e hana i nā ana.
ʻO ke kumuhana ʻelua o ka hālāwai ke ʻano ma Greece a me kona hopena ma loko o EMU. Ma ka hopena pule, ua ʻōlelo ʻo Pelekikena o ke Komikina o EU, ʻo Barroso, e haʻalele ʻo Helene i ka euro inā ʻaʻole ia e mālama i nā lula o ka euro (nā pāʻina, ka papahana bailout). Aia kekahi mau kumuwaiwai koʻikoʻi i hoʻokau iā Helene no ke koho e noho me ka papahana hoʻopakele a i ʻole ke alo a paʻa a puka.
Manaʻo mākou e noho nui ʻo Helene ma nā kūkā kamaʻilio Eurogroup a ʻoiai ʻaʻole hoʻolaha ʻia, pono e hoʻolālā B i kahi hoʻomākaukau. No laila, hoihoi paha nā manaʻo ma hope.
ʻO ka hope loa ka helu ʻekolu ʻo Sepania. Loaʻa nā koho liʻiliʻi a ke aupuni a ʻo kekahi ʻano o ke kākoʻo multilateral e pono e ʻoi aku ma mua o ka ʻoluʻolu. Eia nō naʻe, ʻo kahi pūʻulu pālākiō piha e mālama iā lākou mai nā mākeke no kekahi manawa paha he counterproductive, akā ʻo kekahi kākoʻo no ka ʻāpana panakō ma o EFSF, inā ʻaʻole pono e hele i loko o nā moʻokāki Sepania.
Makaʻu mākou i ʻole e hōʻemi ʻia ka hoʻoliʻiliʻi hou i nā mākeke. ʻAʻole mākou e noʻonoʻo aia ka pūʻulu Euro ma kahi o ka lawe ʻana / manaʻo ʻana i nā hoʻoholo, akā e kūkākūkā ʻia paha kēia mea.
ecofinEurogroupEurozoneHelene
« Nānā Mākeke Mei 14 2012 Nā hopena o ka EU Mess ma ka EUR / GBP »