-
Recent Posts
Archives
- June 2020
- May 2020
- November 2019
- August 2019
- March 2015
- September 2014
- July 2014
- June 2014
- October 2013
- August 2013
- March 2013
- January 2013
- November 2012
- September 2012
- August 2012
- June 2012
- May 2012
- April 2012
- February 2012
- January 2012
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
Categories
Meta
Tag Archives: Sovereign Debt Crisis
The Bankia Signal
Another Friday, another wait for economic news out of Spain. The results of the second part of an audit of Spain’s banks – started in May and with particular reference to their funding needs – is likely to be released … Continue reading
Posted in M²
Tagged Bank of Spain, Bankia, EUR, euro, Euro zone, markets, risk, sovereign debt, Sovereign Debt Crisis, Spain, stocks, Tesoro, The City, The City of London, The Square Mile, trading
Comments Off on The Bankia Signal
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
Posted in M²
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
Comments Off on ECB Floats Yield Target Idea; U-Boats Launched
Spain: the Pain the Bailout Forgot
EU leaders hailed it. Merkel & Co. gave their blessing to it. UK leaders nodded in mild approval to it. The IMF applauded it [from the sidelines.] And markets, of course, ‘sold’ it. It’s not that frequent for the political … Continue reading
Posted in M²
Tagged Bonds, central bank, Economic Forecast, Economic Policy, EFSF, ESM, Euro zone, macroeconomics, markets, sovereign debt, Sovereign Debt Crisis, Spain, The Square Mile
1 Comment
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
Posted in M²
Tagged Economic Forecast, Euro zone, European Union, Greece, politics, risk, Sovereign Debt Crisis
Comments Off on Real Greek Risk & Fake Cassandras
Staying Sharp At The Summit
Personally, I’m making an effort to remain alert as we go into the 2 millionth Summit [slight exaggeration] to discuss the euro-zone crisis. No matter how monotonous this newsflow has become though, it can still spring surprises – including for … Continue reading
Posted in M²
Tagged central bank, ECB, Economic Policy, economics, EUR, Euro zone, Europe, European Central Bank, fiscal policy, politics, Sovereign Debt Crisis
Comments Off on Staying Sharp At The Summit
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
Posted in M²
Tagged Economic Forecast, Economic Policy, economics, Euro zone, European Central Bank, European Union, fiscal policy, foreign exchange, interest rates, sovereign debt, Sovereign Debt Crisis
Comments Off on ECB Will Still=’Extremely Cautious Behemoth’ In January
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
Posted in M²
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
Comments Off on Why Pillaging Alpha From Italy’s Yields Might Not Be So Easy
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
Posted in M²
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
Comments Off on One Day, CHF and EUR, Will Be €1
Deutsche Bank could FAIL, strictly speaking
Deutsche Bank: solid as a Black Forest oak. But could it fail stress tests? The idea that it might outright or nearly fail the EU tests is gathering pace and adding a small chill to European markets right now. The results are … Continue reading
Posted in M²
Tagged Basel II, Basel III, cds, debt, derivatives, Deutsche Bank, EUR, foreign exchange, Germany, markets, regulation, sovereign, sovereign credit spread, sovereign debt, Sovereign Debt Crisis, stocks, USD
Comments Off on Deutsche Bank could FAIL, strictly speaking
squaremilecity 
You must be logged in to post a comment.