Category Archives: Eurozone Sovereign Spreads

Should the ECB launch QE? – FT

Some hope the European Central Bank will use quantitative easing to help the fragile region, but as Albert Gallo, head of macro credit research at RBS, points out, with sovereign bonds already at multiyear lows QE will not help where … Continue reading

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Greece: gift horse – FT

The Greek 10-year sovereign closed at 5.89 percent,  the lowest since the crisis began. Greece plans to sell its first long-term bond since its bailout in 2010. Lex’s Robert Armstrong and Joseph Cotterill discuss whether it is worth paying up … Continue reading

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Nasdaq and Russell 2000 Bounce Off 100-day SMA

(click here if charts are not observable)

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Stratfor: Options and Conditions for a Spanish Bailout

Stratfor Europe analyst Adriano Bosoni discusses the financial assistance options that the European Union could provide Spain and the conditions they would include. For more analysis, visit: http://www.Stratfor.com (click here if video is not observable)

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Portugal passes fresh tax hikes

Portugal’s parliament has passed the country’s largest tax hike package in decades. The changes form part of Prime Minister Pedro Passos Coelho’s new 2013 budget programme. Lisbon has to meet targets set by a 78-billion-euro bailout agreement with the EU … Continue reading

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Draghi Speaks, Markets Go Berserk

The potential disappointments were there in Draghi’s OMT policy announcement.   The markets didn’t care, however, as the perceived tail risk of sovereign default was taken off the table as was a Euro banking collapse circumvented by the LTROs. Central bankers … Continue reading

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Debt-stricken Catalonia eyes Spanish bailout aid

Sound familiar? (click here if video is not observable)

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Europe’s Escalating Cycle of Turmoil

Great graphic from the IMF,  which nails the policy paralysis in the Eurozone.   Similar, but more rigorous, to the “meet and discuss” cycle  we wrote about last December, Their modus operendi seems to be: meet and discuss, wait for a … Continue reading

Posted in ECB, Euro, Eurozone Sovereign Spreads, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Europe’s New “Iron Curtain”

Today’s must read Reuters piece raises the spectre of a Europe “fragmenting faster than policymakers can repair it.”   Paul Taylor, the author, warns The leaders agreed that the euro zone’s permanent bailout fund, the 500 billion euro ($620 billion) … Continue reading

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Geopolitical, Germany, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Draghi calls for bold action

(click here if video is not observable)

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