Category Archives: Eurozone Sovereign Spreads

Italians are all talking about the bond spread – FT

Lo spread’ – the yield gap between Italian and German 10-year bonds – is the hot topic of conversation in Rome after the populist coalition government promised a spending splurge ► Subscribe to FT.com here: http://bit.ly/2GakujT

Posted in Eurozone Sovereign Spreads, Italy, Uncategorized | Tagged , | Leave a comment

Eurozone Finance Ministers Weigh Up Debt Relief

At the 20th Eurogroup meeting of Eurozone finance ministers, the Greek economy was on the agenda. They are weighing up the question of debt relief for Greece as well as the surveillance of its economy in the years to come.… … Continue reading

Posted in Euro, Eurozone Sovereign Spreads, Uncategorized | Tagged , | Leave a comment

Greece’s economy at a turning point?

Eurozone FInance Ministers will on Thursday settle the future of Greece’s debt relief programme. After 8 years of austerity, the country is showing signs of progress. But Greeks abroad show no sign of coming home, according to a recent survey.… … Continue reading

Posted in Euro, Eurozone Sovereign Spreads, Uncategorized | Tagged | 1 Comment

Swan Lake – June 11

We are not discussing any proposal to exit the euro. The government is determined to avoid the materialisation of market conditions that push us towards an exit in any way.  –  Giovanni Tria,  Italian finance minister, June 11 Italian and Euro … Continue reading

Posted in Black Swan Watch, Eurozone Sovereign Spreads, Uncategorized | Tagged , , , , , , | Leave a comment

Swan Lake – June 4

The recovery in the European periphery continues. Sell-offs when markets are in bullish mode now seem to act as an centripetal force to move financial assets back to their central point of bullish with great velocity.  Similar to a gravity … Continue reading

Posted in Black Swan Watch, Eurozone Sovereign Spreads, Uncategorized | Tagged , , , , , , | Leave a comment

Who is Spain’s new prime minister?

► Read – Spanish parliament votes to replace Rajoy with Sánchez as PM https://on.ft.com/2JbWrCt

Posted in Euro, Eurozone Sovereign Spreads, Politics, Spain, Uncategorized | Tagged , , , | Leave a comment

Swan Lake – May 31

Italy calmer as market turns it focus on trade wars. Deutsche Bank making all-time lows as it was hammered again due to its U.S. business put on problem bank list.   DB is now getting the market’s attention but still doesn’t … Continue reading

Posted in Black Swan Watch, Bonds, Euro, Eurozone Sovereign Spreads, Uncategorized | Tagged , , , | 2 Comments

Swan Lake – May 30

Italy’s president has attempted to broker an eleventh-hour deal between the country’s two largest populist parties to avoid another destabilising national election, helping Italian assets recover from a sell-off that rattled investors worldwide. Sergio Mattarella, who triggered this week’s crisis … Continue reading

Posted in Black Swan Watch, ECB, Euro, Eurozone Sovereign Spreads, Italian Yields, Italy, Uncategorized | Tagged | Leave a comment

Swan Lake – May 29

We have been warning over the past few weeks that the macro swans have been gathering.  See here, here, and here. Swan Watch The Global Macro Monitor defines “macro swan” as any global macroeconomic or financial event with the capacity … Continue reading

Posted in Black Swan Watch, Bonds, Eurozone Sovereign Spreads, Uncategorized | Tagged , | 7 Comments

Europe Has A Big Problem

Italy’s president, Sergio Mattarella,  named Carlo Cottarelli, prime minister as the attempt to form a left-right populist coalition government fell apart after Mattarella’s veto of Eurosceptic economist, Paolo Savona as finance minister.    An extraordinary development almost tantamount to the Queen … Continue reading

Posted in Bonds, Euro, Eurozone Sovereign Spreads, Italian Yields, Uncategorized | Tagged , , , , | 32 Comments