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News Links: Are western central banks having an existential crisis?
FT Alphaville » Are western central banks having an existential crisis?
David Wessel over at the Wall Street Journal has followed up on a story FT Alphaville has been covering for a while. That the world economy is running out…
Dollar Softer As Markets Head Into Holiday Mode
US dollar is softer vs. majors Friday as markets head into holiday mode; sentiment improving a bit in the absence of any major negative euro zone developments. France Q3 GDP revised weaker, Italy confidence lower than expected; euro zone…
News Links: The ECB’s back-door bail-out for Italy, Spain, Belgium, and… France?
News links for 22 December 2011 including stories on the tech world, Europe, and the ECB
Market Sentiment Improves After ECB LTRO
US dollar is mixed vs. majors Thursday as market sentiment improving a bit in the wake of ECB’s 3-year LTRO. Merkel advisor Bofinger warned that the euro zone has six months to solve the debt crisis; Greek creditors reportedly balking at…
News Links: The ugly side of ultra-cheap money
News links for 21 December 2011 including notes on technology, the sovereign debt crisis, elections, and Europe
Downgrades, Upgrades and US Inflation
The dollar is broadly weaker as news developments remain mostly positive, boosting sentiment. North American session sees US November inflation; euro likely supported today on short-covering rally. RBI left rates on hold at 8.5%, as…
Dollar Softer On Spain Auction, Firm Euro Zone PMI Readings
The dollar is broadly weaker as Spanish auction goes well, euro zone PMIs better than expected. SNB held policy steady with no change to EUR/CHF floor. China, Singapore data help boost sentiment; Hungary reaches deal with banks on CHF…
Dollar Firm As Italy Yields Rise, Euro Zone IP Falls
The dollar is broadly firmer as Italian yields rise at 5-year bond auction, euro zone IP falls.Swiss data weak ahead of SNB meeting tomorrow; Norges Bank seen cutting rates 25 bp. China data gives cover for more PBOC easing; RBA suggests…
More News Links: Verizon’s Netflix Bid, Google’s Siri, and Mobile driving ban
More News Links for 13 December 2011 including a report of Verizon chasing Netflix, Google building a siri competitor and a potential mobile driving ban.