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IMF talks with Hungary suspended
The IMF on Sunday suspended talks with Hungary over disagreement on 2011 budget deficit (Hungary […]
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Are Italian banks failing stress tests?
Bank of Italy Governor Mario Draghi said he was “amazed by the fantasy” of a […]
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A failed auction at the ECB spells trouble
The European Central Bank just experienced a failed auction. A failed auction means that you […]
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Joke du jour: Greece to tap markets for more money
“Greece will go to the markets mid-July, issuing T-bills of three, six and twelve months,” […]
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Swiss Franc strength versus Euro unstoppable
Despite the SNB having accumulated weak currencies amounting to half its GDP the Swiss Franc […]
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G20 bond victory – stock market ignores reality?
The G20 meeting in Toronto brought a slight victory for bond owners as governments agreed […]
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Greek CDS blow-out
On Wednesday Greek CDS (Credit Default Swaps) blew out to a new record of 1,118 […]
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