bonds

RBS' Chief Market Strategist Bob Janjuah is one of the more bearish prognosticators in global finance.  He takes a fairly anti-fiat currency position and couches what he sees with the present financial crisis as the era of the destruction…

Highlights The post EU/IMF bailout out euphoria continues to wind down and this means that the US dollar and the yen are in solid shape. The euro has eased back to pre-weekend levels, trading closer to the $1.2650 mark by late euro session…

I was reading an interview in Handelsblatt with the EU's Olli Rehn and I found this exchange telling: Handelsblatt: Mr. Commissioner, with yesterday's decision is an EU-debt agency created which issues Euro Bonds? Olli Rehn: I will…

Highlights The US dollar and the yen are weaker across the board as the global market digest this weekend European Stabilisation Programme (see below). The scandies were the strongest performers in the G10 world (with the SEK and NOK up…

Presidents and Prime Ministers have to be careful with their choice of words. Especially in times of crisis and difficulty for their country. Former Mexican President José López Portillo will be remembered by history, not for his turbulent…

Highlights The US dollar is broadly mixed in still volatile market conditions.  The euro has been boosted by indications of a G7 conference call.  Sterling has been punished in the wake of the indecisive electoral outcome. …

Within the euro-zone, Portugal comes in at #6. Spain and Ireland are not in the top ten. Source: CMA Sovereign Risk Monitor

Well, well ... it seems that the Europe may be important after all or at least that the Greek malaise may be spreading. The EUR/USD at 1.29ish, the AUD/USD looking towards 0.91ish, and all things risky in equity land seems to be entering…

After the PCE deflator was reported yesterday the Dallas Fed re-jigs it, cutting out strongest and weakest to arrive at a trimmed mean.  By its calculations the PCE deflator rose 0.1% at an annualized basis, which is the result of…

Q: Will Greece default? Here are the possible answers for the poll (embedded below on the site)? No, they will take the necessary austerity measures plus receive enough support from the EU and IMF. Yes, but they will stay in the…