Links on the Fed's Emergency Lending to companies like magnetar and foreign banks of all stripes are featured in today's links. Also here is a good article on structural/cyclical unemployment and one by Thomas Hoenig on too big to fail plus…
The US dollar rally continued to soften as the market awaits the November jobs report. The market expects a 150k increase in non-farm payrolls with a 158k increase in private payrolls. The ECB must be pleased with itself. The strategic…
The US dollar rally continued to soften as the market prepares for the ECB rate announcement. The market expects the ECB to announce additional liquidity provisions to attempt to quell the fears emanating from Europe’s liquidity/solvency…
The US dollar rally was interrupted against most of the majors as strong Chinese data supported risk. The fears engulfing the euro toned down a little amid speculation that the ECB could take action tomorrow to contain the debt crisis,…
The US dollar continues its rally with the euro the major culprit of the market’s negativity as risks of contagion appear to be spreading to the core. Despite more positive economic data from Germany (this time favorable unemployment…
This post has links on retail-related articles from around the web plus a lot more coverage on the European Sovereign debt crisis. Other topics include Wikileaks, QE and foreclosures.