The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: European Stability Mechanism

US Morning Report: Draghi says to take the high road, honey!

Here’s what happened. Someone punched in call credentials on a Conference Call to promise only those who take the high road will survive. Corny meatballs which dish out platitudes like, … Continue reading

August 2, 2012

Global Moves: Draghi cuts ECB rate to 0.75%, US gets ready for Jobs report

The Dollar decline follows in Asia tomorrow after ECB cut rates and the Euro promptly breached 1.24 levels at the lower end before resuming tradin ga t 1.24 levels after … Continue reading

July 5, 2012

Global Moves: Spanish Downgrades, ESM and No Banking Union

With Merkel shooting down the concept of a Banking union with Joint Deposit insurance and Eurobonds not even making most headlines, the Euro is set for an extended fall as … Continue reading

June 25, 2012

China helps itself to a few Euro?

Markets reacted abruptly to China’s welcoming comments for Angela Merkel in Beijing. China had made similar noises when Klaus Regling , the EFSF head had visited Beijing at the end … Continue reading

February 2, 2012

Angela Merkel calls for help as Europe works to a China deal | Europe Insight

Even as Angela Merkel calls on China personally on a 2 day visit, targeting the Asian ‘surplus’ for its funding needs, China battles with slowing growth and troubled development modes … Continue reading

January 29, 2012

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