Category Archives: Fundamentals
Euro Zone bounce?
Central banks to fund governments from now on?
Imagine what would happen if Tim Geithner, Ben Bernanke and Hillary Clinton were to issue a joint statement on fighting deflation that was in turn prominently displayed under the monetary policy section of the Fed’s website …. Unthinkable? Well, it … Continue reading
Central banks make an historic turn
“When the economic history of the 21st century is written, September 2012 is likely to be recorded as a defining moment, almost as important as September 2008″suggests award-winning journalist and financial economist, Anatole Kaletsky The rest of this thought provoking article … Continue reading
Merkel reported as wanting Athens to stay in the Eurozone
The German press is reporting that Chancellor Merkel does not want to let Athens leave the Eurozone and could loosen their austerity requirements.
UK June trade deficit largest since records began
The UK trade deficit for June at GBP 4.3bn against GBP 2.7bn for May is the largest since records began in 1997. This follows on from Mervyn King’s comments made during last weeks BoE Quarterly Inflation Report – ‘we are … Continue reading
Moody’s downgrades core EU members
July 23 – Moody’s Investors Service has today revised to negative from stable the outlooks on the AAA sovereign ratings of Germany, the Netherlands and Luxembourg, citing among other things, the rising uncertainty regarding the outcome of the Euro area … Continue reading
Spain posts record euro era price for short-term debt sales
Spain lurched closer to becoming the largest euro zone country yet to be shut out of credit markets when it had to pay a record euro era price to sell short-term debt on Tuesday. The soaring borrowing costs showed that … Continue reading
Major retail forex brokers warn their customers
Several major retail brokers including Oanda, Alpari and FXCM have warned their customers about trading conditions next week. Excerpt from an Alpari email: “Dear Trader,This Sunday, on 17 June 2012, the Greek voters will yet again go to the polls, … Continue reading
Bailout for Greece agreed – so everything is OK now – right?
Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default next month after forcing Athens to commit to unpopular cuts and private bondholders to accept deeper losses.
The Euro gamble
“Bold risk-taking has always been characteristic of the European Union. The architects of the European project believed that if the mechanics of integration were developed rapidly, the institutions and electorates of member states, and the degree of real economic integration … Continue reading
Economic warfare?
FITCH DOWNGRADES PORTUGAL to BB+ from BBB- – Negative outlook The days of sending a gun boat are long gone …. there are much more sophisticated ways for taking over whole countries without any damage to infrastructure.
Unprecedented broker warning
Oanda, a major retail broker has taken the unprecedented step of warning it’s customers not to trade !
Tricky ….
Update 2nd November 2011 This week was all about how the markets viewed the Greek crisis. Until the politicians come up with a realistic and long lasting solution to the present Euro crisis, it is likely we will continue to … Continue reading