mishtalk.com / Mike “Mish” Shedlock / March 22, 2017
Recent polls for Italian politicians supporting the eurozone and EU have collapsed.
Pro-Europe polls are highly likely to get worse as a further splintering of Matteo Renzi’s PD party takes place.
It is not out of question for Beppe Grillo’s eurosceptic Five Star Movement (M5S) […]
marctomarket.com / by Marc Chandler / March 21, 2017
Growing confidence that Le Pen will not be the next president of France following the televised debate for which two polls showed Macron doing best has lifted the euro and reduced the French interest rate premium over Germany. The euro pushed through $1.0800 after initially […]
mishtalk.com / Mike “Mish” Shedlock / March 20, 2017
In 2016, non-euro investors dumped euro-denominated bonds for the first time in history.
Moreover, euro-area investors barely made purchases according to the ECB’s analysis of euro area net portfolio investment outflows.
Annual net purchases of non-euro area debt securities by euro area investors totaled […]
zerohedge.com / by Tyler Durden / Mar 20, 2017
Following bearish reports from Goldman (which tactically downgraded stocks to Neutral for the next three months just hours before the Fed rate hike), RBC and JPM’s head quant Marko Kolanovic over the past week, overnight Credit Suisse decided to take the other side of […]
ibankcoin.com / Dr. Fly / Mar 17, 2017
Turk President Erdogan lashed out against Europe again today, telling Turks living in Europe to have 5 kids and to enjoy themselves inside the continent, for they are, in his words, ‘the future of Europe.’
Imagine had Merkel told Germans living in Turkshitistan to procreate towards the […]
zerohedge.com / by Tyler Durden / Mar 16, 2017 12:58 PM
With the Dutch Election behind them, it appears European stock investors see nothing but smooth-sailing ahead…
Europe’s VIX collapsed overnight – by the biggest relative amount in its history – to close at the lowest level since the Euro began…
zerohedge.com / From today’s “Morning Porridge” by Bill Blain of Mint Partners / Mar 16, 2017
Mint – Blain’s Morning Porridge – March 16th 2017
What a fascinating world of possibilities opened up y’day, but let’s start with a simple game. Without thinking about it too much; name 5 famous European politicians of the […]
armstrongeconomics.com / by Martin Armstrong / Mar 12, 2017
While Europe is certainly not turning bullish, what we do see is a bounce due to the fundamental focus of the pending US debt ceiling battle looming on the horizon. Naturally, the press will be blaming Trump so we should be prepared for headlines like US […]
marctomarket.com / by Marc Chandler / March 9, 2017
The euro tested the lower of its range near $1.05 in Asia before short covering in Europe lifted back toward yesterday’s highs near $1.0575. However, buoyed by the upside surprise in the ADP estimate of private sector jobs growth, the dollar is firmer against most […]
zerohedge.com / by Tyler Durden / Mar 8, 2017 1:33 PM
Providing some much needed details on her plans to redenominate the French currency, should she win the French presidential election in under two months, on Wednesday Marine le Pen told RTL radio should would introduce a new franc at a rate of one-to-one […]
marctomarket.com / by Marc Chandler / March 8, 2017
The US dollar is moving higher against nearly all the other major foreign currencies today. As far as we can tell, the driving force remains interested rate considerations. US rates are rising in absolute terms and about Europe and Japan. The US 10-year yield is […]
goldcore.com / By Mark O’Byrne / March 6, 2017
“Think About and Prepare For” End Of Euro – TV3 Agenda Interview
David McWilliams interviewed Lara Marlowe and Cormac Lucey about the elections in France (April 23 and May 7) for TV3’s Agenda and the short interview about the French elections, Le Pen and the […]
wolfstreet.com / by Nick Kamran / Mar 4, 2017
Wage Growth vs. Housing Price Growth
By Nick Kamran, an American living in Oslo, Letters from Norway:
Historically, central banks throughout Europe had one mandate: price stability. They did not worry about employment or economic growth, only currency integrity. Setting interest rates to contain […]
trueeconomics.blogspot.com / by Constantin Gurdgiev / Friday, March 3, 2017
Marketwatch reported earlier that Bitcoin is currently being priced at above the price of gold in USD terms: http://www.marketwatch.com/story/bitcoin-is-now-worth-more-than-an-ounce-of-gold-for-the-first-time-ever-2017-03-02?siteid=bnbh
The comparative is somewhat silly, because, as Marketwatch article notes, Bitcoin market cap is much much smaller than that for gold, which implies that […]
zerohedge.com / by Tyler Durden / Mar 3, 2017
The Mexican Peso surged back below 20/$ this morning after new Commerce Secretary Wilbur Ross comments on the potential for peso recovery in a “sensible” NAFTA deal. Along with comments on Germany and Euro weakness, Ross also sent the USD index markedly lower (after 5 […]
mishtalk.com / Mike “Mish” Shedlock / March 2, 2017
Former Italian prime minister Silvio Berlusconi resigned in 2011 in the midst of a eurozone crisis after the Italian parliament voted for austerity measures. He blames then ECB president Jean-Claude Trichet for his ouster.
Berlusconi was replaced by a technocrat Mario Monti, the first of […]
gainspainscapital.com / Graham Summers / March 2, 2017
The biggest trade in the world is staring everyone in the face.
According to a Bank of America/ Merrill Lynch fund manager survey, the US Dollar is the single most crowded trade on the planet.
In a fiat world, the value of a given currency […]
wolfstreet.com / by Don Quijones / Mar 1, 2017
Only this time, the ECB is already doing “whatever it takes.”
With hotly contested general elections coming up in France, Germany, and Holland – where yet another upset could be on the cards – 2017 was always going to be a nail-biter for the Eurozone. […]
zerohedge.com / by Tyler Durden / Feb 24, 2017
In his latest note this morning, DB’s Jim Reid admits that “I’ve no idea why Bunds are rallying so hard at the moment.” That said, he does attempt to provide some reasons noting that 10y yields (-4.7bps) hit 0.228% yesterday, down from their YTD peak […]
zerohedge.com / by Tyler Durden / Feb 22, 2017
Update: as expected Macron has expected Bayrou’s alliance offer, AFP reports. It is still unclear if Bayrou has official withdrawn from the presidential campaign.
* * *
European assets spiked from near session lows, with the Euro and French OATs jumping, dragging Bunds lower […]
marctomarket.com / by Marc Chandler / February 22, 2017
February has been cruel to the euro. Of the sixteen sessions this month, counting today, the euro has risen in four, and two of those were last week. Its new four-day slide pushed it below $1.05 for the first time in six weeks as European […]
dollarcollapse.com / JOHN RUBINO / FEBRUARY 20, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out […]
theeconomiccollapseblog.com / By Michael Snyder / February 14th, 2017
Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up. In fact, a major push toward a cashless society is being made in the European Union right now. Last May we […]
news.goldseek.com / By: Rick Ackerman, Rick’s Picks / 14 February 2017
Banksters and others with a stake in the euro shouldn’t get their hopes too high, since the long-term charts point unambiguously to a target just below 82 cents (see inset). There will be rallies, of course, since sellers are piling onto this no-brainer trade […]
mishtalk.com / Mike “Mish” Shedlock / February 14, 2017
In response to Blinded by Hate, I received an email from Tuomas Malinen, Vice-Chairman of EuroThinkTank regarding the fate of the euro.
Thank you for an excellent blog. I’ve been an enthusiastic reader for years.
I am the vice Chairman of EuroThinkTank, […]