German bonds had a second consecutive positive session on the back of bad EMU eco data whereas US bonds booked small gains. In a risk off sentiment, equities corrected further off the highs, commodities were dropped and on intra-EMU bond markets, spreads widened for a third straight day. Losses in EUR/USD were limited but will […]
Eurozone Reacts To Poor PMI Read More »
“All We Are Saying Is Give Greece A Chance.” Are Strawberry Fields Forever? Oh no, not The Beatles. Apologies readers, but as a native of Liverpool it’s often stomach churning to witness them being used to promote movements or ideals. It’s beyond parody how much the iconoclasm of the group is maintained. By the way,
All We Are Saying Is Give Greece A Chance Read More »
Is there a beer index? If so find out where it is and go long, very long. No stop loss required as there’ll never be a spike, support will never be tested.. It’s not often that you search for an article title and it comes to you. Whilst searching ‘the wires’ for news items to
Cheers! Can Plato's Logic Solve The Greek Problem? Read More »
Whilst it’s not Fitch, Moody’s or Standard & Poor’s Sean Egan of Egan-Jones is a highly respected analyst and let’s not forget this was the agency that stole a march on S&P by downgrading the USA credit rating whilst S&P executives were busy naval gazing. The company also sounded the alarm bell on Lehman Brothers,
Germany Downgraded By Ratings Agency Read More »
German business confidence rose marginally for the second month in a row in December, perhaps suggesting that Europe’s largest economy may be weathering the region’s debt crisis. The Ifo institute’s business climate index rose to 107.2 from 106.6 in November, the Munich-based institute has reported this morning. Economists anticipated a small drop to 106, the
Confidence Is Contagious. So Is Lack Of Confidence Read More »
UK Prime Minister David Cameron will be warned today that he risks creating an unstoppable momentum behind a “two-speed Europe”, which would be dominated by France and Germany, if Britain seeks to gain political advantage by making demands for too many concessions during the eurozone crisis. In a series of meetings in Berlin and Brussels,
Can A Two Speed Europe Be The Route Forward, Or Will The Divisions Render It Unworkable? Read More »
At times it’s worth taking a step back from chaotic situations in order to evaluate the damage. This also provides the opportunity to establish what measures have been taken to move away from chaos into effective crisis management. A clearer picture can then emerge as to how the damage is being contained, repaired and what
Déjà Vu, The Uncanny Sense That We've Been Here Before Read More »
What would be the biggest news in relation to the ongoing Eurozone crisis? We’re not talking Greece default here, or the troika finally sending white smoke up the chimney from their secretive Vatican like refuge as they play out their version of the College of Cardinals meeting in conclave to elect a new pope, (bailout).
Deutschland über alles, or leading us up a blind alley? Read More »
