yanisvaroufakis.eu / by yanisv / December 15, 2014
Thomas Fazi has just interviewed me for ONEURO on Greece and the Eurozone two months before a possible Greek election. Before the interview is published in Italian, here is the Q&A in its English original…
There’s a lot of talk about Greece’s supposed ‘recovery’, a sign of […]
financialsense.com / By SOBER LOOK / 12/15/2014
If Mario Draghi was lacking ammunition to initiate an outright quantitative easing program in the Eurozone, he certainly has it now. Even the staunchest opponents will have a tough time arguing against the need for a more aggressive approach to monetary easing. Here are five reasons:
news.goldseek.com / By Peter Cooper / 15 December 2014
Gold prices advanced 2.5 per cent last week despite a slip back on Friday to close at $1,221 an ounce while global equity markets were pummelled in their worst week for three years as oil prices crashed to new lows. The falling oil price took down […]
goldcore.com / By Mark O’Byrne / 10 December 2014
Syriza say that they will renegotiate with the Troika and increase public spending which may put bondholders at risk. Britain’s Independent quotes Charles Robertson from Renaissance Capital warning that “a possible Syrizas election victory may force the Eurozone to choose between a fiscal union or the […]
zerohedge.com / by Tyler Durden / 12/10/2014 08:41 -0500
From Bank of America:
“The chart shows that around €400bn of Eurozone government debt and bills in our bond indices currently have negative yields…. In the topsy-turvy world of negative rates in Europe, it will seem as if credit is becoming the new government debt in […]
yanisvaroufakis.eu / by yanisv / December 9, 2014
1- Will Greece be “seen out” of the euro during the year, or is a compromise still possible in the euro framework?
A workable compromise is certainly possible and there is no need for Greece to exit the euro. Only Greece needs a government that is genuinely […]
traderdannorcini.blogspot.com / By Dan Norcini / December 4, 2014
Expectations were high heading into today’s ECB meeting that the Central Bank would issue some news detailing the start of another round of stimulus for the lagging Eurozone economy.
‘Twas not to be.
Draghi TALKED doing more stimulus at some point as he went through […]
caseyresearch.com / Chuck Butler / December 03, 2014
In This Issue.
* Euro drops ahead of ECB meeting. * RBI leaves rates unchanged. * Who benefits the most from the Oil price drop? * The games people play.
And Now. Today’s A Pfennig For Your Thoughts.
The Dollar Swings Its Mighty Hammer.
Good Day!… […]
zerohedge.com / by Tyler Durden / 12/03/2014 07:11 -0500
Those wondering why European stocks are higher but off earlier highs, the answer is simple: the latest Service ISM was bad but it wasn’t a complete disaster. And while RanSquawk notes that “the particularly disappointing slew of Eurozone Service PMI’s from France and Spain capped any […]
zerohedge.com / by Tyler Durden / 12/01/2014 07:08 -0500
Another day full of global macroeconomic disappointments is certain to send the S&P500 to all time-higherest records as 100,000 or so E-mini contracts exchange hands between central banks and Citadel’s algos.
It started with the shocking NRF announcement that US holiday sales cratered 11% over the […]
marctomarket.com / by Marc Chandler / December 1, 2014
Throughout the last few months, we have identified three forces that are shaping the investment climate: the economic and monetary divergence that favors the US, the decline in commodity prices, and a slowing of China. These forces remain very much intact, and if anything, have […]
deviantinvestor.com / By Everett Millman via Gainesville Coins / November 29, 2014
ABSTRACT: While stocks were riding high yet again this week in response to a decidedly mixed bag of economic indicators for November, gold and silver slid below support levels at the week’s end. Crude oil has continued to tumble as both major […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / November 29, 2014
The string of unexpectedly bad news in the eurozone continues unabated as Italian Unemployment Rate Rises to Record, Above Forecasts.
The unemployment rate rose to 13.2 percent from a revised 12.9 percent the previous month, the Rome-based national statistics office Istat said in a preliminary […]
zerohedge.com / by Tyler Durden / 11/28/2014 09:19 -0500
Earlier today, in typical German fashion, the chief of the Bundesbank poured cold water on Europe’s latest round of demands that Germany carry the weight of the rebound from the triple-dip on its shoulders, as usual, when Buba President Jens Weidmann Friday rejected calls for a […]
zerohedge.com / by Daniel Hannan / 11/25/2014 08:16 -0500
I love the idea that prosperity can be decreed by a G20 communiqué. World leaders in Brisbane have airily committed themselves to two per cent growth. (Why only two per cent? Why not 20 per cent? Or 200 per cent? Who knew it was so […]
goldsilverworlds.com / David Levenstein / November 25, 2014
Gold prices have drifted slightly lower this week after hitting the highest level in three weeks due mainly to a stronger U.S. dollar and China’s move to cut a key interest rate.
The greenback received a boost last week when European Central Bank (ECB) President, Mario […]
zerohedge.com / by Tyler Durden / 11/25/2014 06:58 -0500
Just two months after the OECD cut its global growth outlook, overnight the Organisation for Economic Co-operation and Development cut it again, taking down its US, Chinese, Japanese but mostly, Eurozone forecasts. In the report it said: “The Economic Outlook draws attention to a global […]
goldcore.com / By Mark O’Byrne / 24 November 2014
The Dutch central bank said Friday it is repatriating some of its gold reserves from the U.S., making it the latest central bank in Europe to address public concerns about the safety of its gold in the wake of the eurozone debt crisis.
As the […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, NOVEMBER 20, 2014
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy.
I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, November 20, 2014 2:27 PM
Let’s take a look at weaker than expected reports from the Eurozone in aggregate, and France and Germany in particular.
The Markit Flash France PMI shows French private sector output falls for seventh successive month.
Flash France Composite […]