Monthly Archives: September 2010

Ireland sovereign CDS spread hits 433 bps, an all-time high, up from 387 bps on Thursday

Posted on September 19, 2010 by macromon

Analysts tied the weakness in part to a research note from Barclays Capital which warned that the government may need to seek “outside help” in the event of unexpected financial-sector losses or if macroeconomic conditions prove worse than baseline forecasts … Continue reading →

Posted in Sovereign Risk | Leave a comment

Brazil Election Will Not Jeopardize Economic Stability – Video

Posted on September 18, 2010 by macromon

In the run-up to elections in the country, Brazil’s ambassador to the United Kingdom joined CNBC to discuss the Brazilian economy. “Many sound policies that have been established over the past 15 years have no risk of being changed,” ambassador … Continue reading →

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Dilma Rousseff, a former Marxist guerrilla, set to become Brazil’s first woman president in October 3rd Election

Posted on September 18, 2010 by macromon

Luiz Inácio Lula da Silva, the most popular president in Brazilian history, is ineligible to run for a third four-year term, and has given Ms Rousseff, his former political adviser, his unflinching support. If the election were held today, according … Continue reading →

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Alistair Darling Says Euro Permanently Damaged by Germany’s Leadership Failure During the Sovereign Debt Crisis

Posted on September 18, 2010 by macromon

The former Chancellor, who was in 11 Downing Street when Greece, Spain and Portugal came close to economic meltdown in the spring, made his unguarded comments at a conference of senior German and British officials on Thursday. Privately, he is … Continue reading →

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Irish Government Interest Rates Spike on Credit Fears

Posted on September 18, 2010 by macromon

The rate of interest, or yield, on the most closely watched Irish Government bond, which is repayable in 10 years, rose by almost one third of a percentage point. This rise, which is among the largest registered on a single … Continue reading →

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Al Qaeda threat to murder Pope foiled in London

Posted on September 18, 2010 by macromon

Scotland Yard arrested five Algerian men at dawn Friday, Sept. 17 following intelligence of a potential terrorist threat to Pope Benedict XVI during his visit to London. – Debka

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U.S. State Credit Default Swaps

Posted on September 18, 2010 by macromon
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Fresh flight to Swiss franc as Europe’s bond strains return

Posted on September 18, 2010 by macromon

The Swiss franc has surged to an all-time high against the euro on capital flight from the eurozone after Irish, Greek, and Portuguese bonds came under renewed fire. – Telegraph

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What’s China’s Real Inflation Rate?

Posted on September 18, 2010 by macromon

Beijing says inflation is 3.3 percent. But workers in China find life a lot pricier than official statistics suggest – Bloomberg

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The Market Radar

Posted on September 18, 2010 by macromon

We anticipate monitor and comment on market-moving global economic and geopolitical issues.  No dark side brooding, no wanting the world to end, no political rants.  Traders, investors, policymakers, or market observers can’t afford to ignore us.  In one word, perspicacity. … Continue reading →

Posted in Uncategorized | 7 Comments