Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Today’s auction of the Italian 10-year bond reduces yield below 7%, but not by much
Demand at this morning’s auction of longer-term Italian government debt fell a bit sort of target but yields fell—all in all a decent result although certainly not good enough to remove all worries that Italy will have to pay more to sell 100 billon euros of debt in the first quarter of 2012.
Italy’s bond auction goes well but European banks have parked almost all the cash lent to them by the European Central Bank last week
As far as the financial markets are concerned today, however, the good news from the Italian debt auction has been completely overshadowed by the shock that European banks have put almost all of the 489 billion euros they borrowed from the European Central Bank last week on deposit with the central bank.
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Yields keep rising in Italy–next stop 7% again?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Let’s say that Merkel and Draghi get the EuroZone to follow their plan–then what do Europe and the global economy look?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...EuroZone banks move two-thirds of the way to funding their 2012 borrowing needs–can they resist a proposed Ponzi scheme?
A whopping 523 EuroZone banks borrowed a huge 489 billion euros ($638 billion) at the European Central Bank’s first offering of three-year cash. That’s enough to refinance 63% of the debt of EuroZone banks that will mature and require refinancing next year.
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Bears rule the commodities markets now–how to tell when we might be near a bottom
The bears are in a big majority in the commodity markets right now. So much so that net long positions across 18 U.S. futures and options fell by 9.6% in the week ended December 13, according to the Commodity Futures Trading Commission. That took net long positions to a 31-month low.