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Apr 16, 12 •
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Market Commentaries •
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This is a mid month week usually a quiet time for economic data. After last week’s Chinese and US data, the markets are looking for directions, but this week, will probably be all about Spain and Italy. News will take the center stage. Below is a quick...
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Jan 31, 12 •
5196 Views •
Market Commentaries •
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Comments Off on How To Fiscal Your Compact, Or Compact Your Fiscal..Or Something
Twenty five European countries have finally endorsed the fiscal pact. They’ve agreed to enshrine balanced budget legislation into their national law, with annual structural deficits capped at 0.5% of GDP. Transgressors face penalties of 0.1% of GDP,...