Euro
June 8, 2010
The Swiss Central Bank has added almost 50% to its foreign currency reserves in the month of May 2010 alone to prevent the Swiss Franc from […]
June 8, 2010
The Spanish government which moved quickly to cut its Fiscal Deficit following the Greek crisis is now facing a major challenge from the Spanish Unions.The government […]
June 4, 2010
Eastern Europe moves to the spotlight Seems these days Friday equals to Red for the “Risky Assets”.Eastern Europe had moved to the periphery of world’s attention […]
June 4, 2010
Can IMF Bailout a Country the size of Italy The International Monetary Fund (IMF) is funded through contributions from its member nations, acts as the “lender […]
June 2, 2010
Spanish Cajas have been in the news recently acting as the equivalent of the “subprime sector” during the US financial crisis.CajaSur was seized by the Spanish […]
June 1, 2010
China has been called the “savior” of the world’s economy as its massive $586 billion Government Stimulus and Easy Money policies sustained over 10% GDP growth […]
May 29, 2010
The Greek Contagion throws up bad news everyday.Not a day passes by it seems when the Markets and the Euro are rocked from the PIIGS.The Spanish […]
May 26, 2010
Europe has been recently been rocked by problems in Spain’s Banking sector as Spain’s central bank was forced to seize a Priest led Bank “CajaSur” which […]
May 25, 2010
The Greek Contagion has led to indirect negative effects in unlikely places all over the world with the Swiss Central Bank being one of the casualties.The […]
May 25, 2010
The Greek Contagion continues to negatively affect the world markets and the Euro.Despite a short covering rally in the Euro last week,it has not managed to […]
May 24, 2010
The State of Management of some of the European banks would seem funny if it was not such a serious matter.According to Bloomberg ,Bank CajaSur which […]
May 23, 2010
The sharp appreciation of the yuan against the Euro and the other currencies would make China think of depreciating the yuan against the dollar rather than […]
May 20, 2010
A Chronology of the Greek Contagion 1) Markets get spooked by the Greek crisis ; IMF/EU Bailout deemed insufficient 2) European markets and risky assets take […]
May 19, 2010
Merkel and Sarkozy Declared War on Euro Speculators 2 weeks ago when they unleashed a massive $1 trillion bailout for the debt ridden “Club Med’ countries […]
May 19, 2010
For some time I have noticed that European Union has been coming down very strong on anti trust actions and price fixing against technology companies . […]
May 19, 2010
Twin Shocks Hit Markets as Germany Bans Naked Short Selling and US Senate puts Curbs on Credit Cards
Markets have become a very risky place both on the long and short side with governments coming up with new “bailouts” and “regulations” almost each day […]
May 18, 2010
The EU bazooka which led to a massive short covering rally has fizzled out with the Euro below the level that it one week ago.However I […]
May 17, 2010
The Euro’s rapid 15% decline against the Euro has had an important side effect against the Yuan which is pegged to the dollar.While currencies around the […]
May 14, 2010
The Greek Contagion is back with full force with its attendant symptoms.Only last week these symptoms had shocked us with its ferocity.Last week I wrote in […]
May 14, 2010
The European Bazooka which led to a massive short covering rally on Monday has been proven a complete waste in just 5 days. Reports of political […]
May 11, 2010
Europe’s $970 Billion Bazooka yesterday certainly led to a “defeat” of the “speculators” yesterday as major European markets climbed by 5% while smaller ones climbed by […]
May 10, 2010
The European leaders plan to blow away the Euro sceptics has been an outstanding “success” . The $971 billion plan by the EU,ECB and assorted central […]
May 10, 2010
As promised the European leaders chalked out a massive 500 Billion Euros Fund to battle against the “speculators” . This fund will provide emergency lending and […]
May 9, 2010
As I was writing in my earlier posts , one of the biggest causalities of The Greek crisis has been the world IPO market.Not only have […]
May 9, 2010
The last week’s sharp decline in commodities and stock markets has a lot of people making half baked statements while others are panicking . We had […]
May 9, 2010
As I have been writing in my earlier posts , EU leaders are continuing to put the blames of the EU debt crisis on “speculators” and […]
May 8, 2010
Good news for the Bailout Cheerleading Gang as the top German Court refused to block the emergency aid to Greece which had been approved by the […]
May 8, 2010
The last 2 weeks market gyrations have had their effect on the PIIGS. The rising interest rate on their bonds and the consequent effect on their […]
May 7, 2010
Greece was given an aid package by EU-IMF to contain any contagion effects but looks like it has failed miserably.No one knows how this one will […]
May 7, 2010
One of the biggest causalities of The Greek crisis has been the world IPO market.Number of companies all over the world are deferring their IPOs seeing […]