Euro
May 7, 2010
The rush to safe haven assets today was frightening to say the least.As I write this VIX went up by more than 50% while Yen is […]
May 7, 2010
Markets are dropping like a rock. Went down more than 4% in less than a minute.Seemed like that the whole financial system was unravelling. The European […]
May 5, 2010
The politicians keep saying that the sovereign debt fears related to their country are a complete hogwash but these fears keep coming true with nasty regularity.Dubai’s […]
May 4, 2010
For the last few days the Shanghai and Southern European markets of Spain,Greece and Portugal have been falling despite higher US stock indices.This is a bit […]
May 4, 2010
Greece agreed on a plan with EU-IMF which requires sharp spending cuts and tax increases on Sunday to get their hands of more than 100 billion […]
May 2, 2010
German Economy Minister and Free Democrat Party Leader ( FDP is one of the junior partners in the ruling coalition and stands for its pro-business liberal […]
May 2, 2010
As has been the fashion since the financial crisis began with Bear Sterns, bailouts are worked out during the weekends ,the Greece one also was no […]
April 30, 2010
Markets were back up to previous levels after a bailout package for Greece got an assent from the Germans and the IMF.But the condition of southern […]