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Tag Archives: Portugal

The mid-week Trading update: Euro-comics — Have you read your Tintin series in time? ( End June 2013 data)

Europe took everyone’s last breaths even as good economic data on the trot stopped only midweek by the dip in Service PMIs across the Eurozone failed to drill any new … Continue reading

July 4, 2013

US Economy: Equities waiting for volumes from all the money leaving bonds

One half expected Factory orders to start seesawing the way all US economic data has become a middling incoherent hash of one up one down like the construction spending report … Continue reading

April 3, 2012

US retail drops pretence: Well the going is tough, so let’s get going!

The Redbook recorded a 3% year on year rate Y?Y change dipping further from 3.4% last month to the expected lower rate of 3% as retail fails to catch the … Continue reading

March 6, 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

A leap of faith: Why Portugal does not need a second bailout | Europe Review and Insight

While Spanish and Italian bonds are back in liquidity with yields for Italian bonds down to 1.2% for 6 months and 5.26% for 10 year bonds, just availability of quotes … Continue reading

February 29, 2012

Exxon Mobil gets $3.9 bln for Japan refining unit, ABB pays $3.9 bln for Thomas & Betts | Deal Insight

Exxon Mobil exits Japan Monday was busy again after FDA approvals , EU summits and Portugal’s 70% probability of default kept trippin gthe wires. 25% + pay cuts at Morgan … Continue reading

January 30, 2012

A leaky fiscal consolidation in 2012 as Portugal swims close to the sharks | Insight Europe

Even as Athens and Brussels look hopelessly middlesd up in the middle of the 17th summit in two years, the markets shot up Portugese 10 Y yield to 17% and … Continue reading

January 30, 2012 · 2 Comments

Banks to report Details of Europe Exposure | Bank Insight

As per the Fed’s latest directives, banks filing their annual statements with the SEC next week onwards will post details of each and every Europe exposure divvied up as Spovereign … Continue reading

January 30, 2012 · 4 Comments

European Sovereign Debt Crisis: It's done (almost there!) Greece has defaulted without accident

As the news ticker everywhere s squawking right now, the investors’ deal post being past, the borrowers will deign the securities to be eexchanged at a rate less than 3.5% … Continue reading

January 24, 2012 · 4 Comments

Why Portugal is next in line for a bailout and why Italy does not need more? | Insight Europe

Preview: Portugal was able to raise EUR 1.25 bln in 11 month paper and EUR 0.5 bln in 6 month paper at 5.90% and 4.346% on Jan 18, 2012 a … Continue reading

January 24, 2012 · 1 Comment