The Banking and Strategy Initiative

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Tag Archives: Greece

US Economy: Awry Euro claims could reward US investors, housing could recover

The day has started well with the Ira Sohn conference giving a lot of hope to ideas floating around in my head since that jump began last year, but then … Continue reading

May 17, 2012 · 1 Comment

US Economy: A post-winter Housing recovery on board, S&P helps global cues

A battered set of global Financial markets were likely pleasantly surprised by US housing data after Europe could not hang on to gains in the afternoon. That means a better … Continue reading

May 16, 2012

US Economy: Another global day of ruins and Greece may yet leave the Euro

IT looks likely that Euro will break down from the 1.32 levels of earlier this weak when it continues from $1.297 levels as US Economic data remains wishy washy about … Continue reading

May 9, 2012

US Economy (The week ahead): Housing market Data to keep up; China, Euro PMI, whither recovery

While last month’s Existing and new Home sales data hit all time highs, with a 20 month high for Existing Home sales at 4.57 mln and new home sales at … Continue reading

March 17, 2012

S&P rates new Greek bonds CCC ( Selective Default maintained) | Insight Europe

S&P maintained SD ratings on Greece instead of springing them back to the appropriate junk rating as they rated the new issue UK Law bonds worth $109.2 bln (53% FV) … Continue reading

March 15, 2012

US Economy: FOMC, Greece, Retail Sales ex Auto hold up

Talks of the new QE have come back, with naysayers we like giving in to the Weak economy knocks played by the Housing market but a little bird inside us … Continue reading

March 13, 2012

ISDA Declares Credit Event | CDS Insight

CDS holders get a welcome few dollars more on the $3 bln Greek CDS outstanding for which an auction will now be held on March 19 or the Tuesday after … Continue reading

March 10, 2012 · 1 Comment

Greek Swap goes through? | Insight Europe

One hour and more past the Thursday deadline, FT is reporting 95% agreement on the swaps which means the CACs are not required and no default is triggered on the … Continue reading

March 8, 2012

Europe: ISDA tackles the tough question of Default in the Greek swap ( Post ISDA Action update)

The EMEA Determinations committee that handled the thorny question decided to llet matters be for now asking investors to be sure to come back if anything else happened , bu … Continue reading

March 1, 2012

Europe: ISDA tackles the tough question of Default in the Greek swap

The ISDA decision is key to the Greek debt situation roll out from here as ISDA contracts enforce all derivatives and despite the flexi nature of OTC derivatives and their … Continue reading

February 29, 2012 · 1 Comment