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Tag Archives: European Union
Apple Tax Probe – Why it’s not a Core Issue for Investors
Ken Odeluga, 11th June 2014, 400 words Apple shareholders have not had a great deal to complain about so far this year. Sure, because Apple is a corporate titan with a market capitalisation of more than $500 billion, basic … Continue reading
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Tagged Apple Inc., equities, EU, European Union, Ireland, law, legislation, Nasdaq, offshore, regulation, stock markets, stocks, tax haven, taxation
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ECB Floats Yield Target Idea; U-Boats Launched
Late this morning the markets seem to have sobered up a bit following earlier barely fettered optimism about a Der Spiegel article over the weekend. It said: “The European Central Bank is considering setting limits on yields of euro area sovereign … Continue reading
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Tagged Bonds, central bank, debt, Economic Forecast, Economic Policy, economics, EUR, euro, Europe, European Central Bank, European Union, macroeconomics, markets, sovereign debt, Sovereign Debt Crisis, The Square Mile
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ECB Bullets To Shoot Down High Hopes [Sorry]
The views below are based on my soundings, readings and common sense. Responsibility my own: ESM banking licence: crisis would need to deteriorate significantly (threaten the core) before such a politically contentious and legally complex policy change is considered. Bear … Continue reading
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Tagged Bonds, central bank, debt, dollar, Economic Forecast, Economic Policy, economics, EUR, Euro zone, Europe, European Central Bank, European Union, foreign exchange, forex, macroeconomics, sovereign debt, The City, The Square Mile, trading
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LTROverdose Vs LTROver*
Part I Pre-load: Critical series of posts about LTRO Facts, figures, a few fatuous opinions and a bit of fun Part I touches on LTROs we’ve had so far and their apparent effects Another indecisive session for equity markets, albeit … Continue reading
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Tagged Draghi, ECB, economics, Euro zone, Europe, European Central Bank, European Union, financial markets, financial news, Geek, LTRO, macroeconomics, markets, Spain
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Real Greek Risk & Fake Cassandras
Meze JPMorgan still warning portentously of Greece’s ‘Ides of March’ As for the rest of us, we’re almost ‘over it’ already, though no one thinks a default will be an easy option JPMorgan has published a portentous note this morning. It’s … Continue reading
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Tagged Economic Forecast, Euro zone, European Union, Greece, politics, risk, Sovereign Debt Crisis
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ECB Will Still=’Extremely Cautious Behemoth’ In January
At this point, the ECB seems unlikely to produce any material changes in policy with its announcements on Thursday. ======================================================== T&C reminders: please see disclaimer at head of this blog. please note the peculiarities of my discursive style: I try … Continue reading
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Tagged Economic Forecast, Economic Policy, economics, Euro zone, European Central Bank, European Union, fiscal policy, foreign exchange, interest rates, sovereign debt, Sovereign Debt Crisis
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Why Pillaging Alpha From Italy’s Yields Might Not Be So Easy
Espresso 7% rate on all debt would cost just EUR140B Italy projects it will collect c. EUR500 bln taxes in 2012 Italy’s Total Debt Scenario Relatively Tame Italian household debt is about 40% of GDP Risk/Scope for Financial Repression Some … Continue reading
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Tagged Berlusconi, Bond Yields, Bonds, central bank, debt, EUR, euro, Euro zone, Europe, European Union, Italy, Mario Monti, Monti, politics, sovereign, sovereign debt, Sovereign Debt Crisis
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One Day, CHF and EUR, Will Be €1
With the world beset by all manner of crises right now, the Swiss franc is most likely on the closest to a vertical trajectory as we’ll ever see in our time. (We hope.) And during such times, there there’s often … Continue reading
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Tagged CHF, economics, EUR, Euro zone, European Central Bank, European Union, foreign exchange, forex, risk, SMI, sovereign, sovereign credit spread, sovereign debt, Sovereign Debt Crisis, stock markets, stocks, Swiss Market Index, Switzerland
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Greece is (still) the word.
Are you ready for the sequel? Yes, even if it feels somewhat surreal, the EU does indeed appear to be verging on throwing more bad money in the direction of Greece, after having last year thrown reasonably good money in … Continue reading
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Tagged bailout, ECB, economics, EUR, euro, Euro zone, European Central Bank, European Union, foreign exchange, forex, macroeconomics, peripheral, peripheral euro zone
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