credit agricole

Forex Market Commentaries - Is It Open Season On The Banks?

Will It Be Open Season On The Banks As Reporting Season Starts?

The Greece debacle has (temporarily) been quietly shifted from the front page of both financial and popular news, it’s now left to the Greeks to cope with the impossible, inter-generational, insoluble financial burden their unelected technocrats have agreed to on their behalf. The indirect bank and bondholder bailout, that’s been agreed in order that Greece […]

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Forex Market Commentaries - French Economy On Defcon 2

RWN (Rating Watch Negative) = Financial DEFCON 2 For France

In November 1959, the Joint Chiefs of Staff created the DEFCON system so that a uniform readiness posture could be prescribed in the various military commands. Since the system was introduced, portions of the U.S. military have been placed at higher readiness levels on numerous instances. The DEFCON level is controlled primarily by the President

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