Tag Archives: Germany

France urges softer approach to austerity

Posted on March 14, 2013 by

Germany is facing stiff resistance from France to ease back on austerity as Europe’s leaders gather in Brussels for another EU summit. French President François Hollande has called for the emphasis to shift to boosting growth in indebted eurozone economies. … Continue reading →

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Bundesbank’s frosty outlook

Posted on March 12, 2013 by

The head of Germany’s central bank is warning the eurozone crisis is not over and governments must tackle the roots of their troubles with reforms – pointing the finger particularly at Italy, Cyprus and France. http://www.euronews.com/ (click here if video … Continue reading →

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DAX and CAC Break Out

Posted on December 6, 2012 by

The girls with the Draghi Tattoo are breaking out. That is,  the German DAX and French CAC stock indexes are making  new highs.   Ever since the ECB’s Mario Draghi  “whatever it takes to preserve the euro” speech,  these markets have performing … Continue reading →

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Weekly Eurozone Watch

Posted on November 30, 2012 by

Key Data Points German 10-year Bund 5 bps lower; France 10-year 6 bps tighter to the Bund; Ireland 7 bps wider; Italy 20 bps tighter; Spain 25 bps tighter; Portugal 23 bps tighter; Greece 30bps tighter; Large Eurozone banks up  … Continue reading →

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Quote of the Day: The Full Monti

Posted on November 27, 2012 by

For Germany, economics is a branch of moral philosophy. Growth is the prize for ethical behaviour. On the part of the individual – by saving – and on the part of the group – through budgetary equilibrium. – Mario Monti, … Continue reading →

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Unemployment Rates of Selected OECD Countries

Posted on October 3, 2012 by

Nice chart from the BLS. (click here if chart is not observable)

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Weekly Eurozone Watch: The European Street

Posted on September 28, 2012 by

Key Data Points German 10-year Bund 15 bps lower; France 6 bps wider to the Bund; Italy 10-year 20 bps wider; Spain 33  bps wider; Portugal 107 bps wider; Ireland 24 bps wider; Greece 28 bps tighter; Large Eurozone banks … Continue reading →

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Eurozone PMI Composite Output Index at 45.9, 39-month low

Posted on September 20, 2012 by

Markit reported this morning, The Markit Eurozone PMI® Composite Output Index fell from 46.3 in August to 45.9 in September, according to the preliminary ‘flash’ reading, based on around 85% of usual monthly replies. The index therefore signalled that the … Continue reading →

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Weekly Eurozone Watch: QE∞

Posted on September 14, 2012 by

Key Data Points German 10-year Bund 19 bps higher; Italy 10-year 23 bps tighter to the Bund; Spain 3  bps tighter; Portugal 20 bps tighter; Ireland 54 bps tighter; Greece 102 bps tighter; Large Eurozone banks 3-20 percent higher; Euro$ … Continue reading →

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Uncorrelated Markets, NOT!

Posted on September 9, 2012 by

Can’t you see the benefits of diversification with a basket of the S&P500 and the German DAX?  OK, maybe you get a currency hedge.  Stunning though how the global equity risk premium is, well, so global.   We believe the massive … Continue reading →

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