Weekly Eurozone Watch

Key Data Points
German 10-year Bund 7 bps lower;
France 8 bps wider to the Bund;
Ireland 8 bps wider;
Italy 9 bps wider;
Spain 7 bps wider;
Portugal 7 bp wider;
Greece 7 bps wider;
Large Eurozone banks weekly change,  0.22 to -3.0 percent;
Euro$ up 0.22 percent.

– Mario Monti announced he will run as a full-blown prime ministerial candidate in the Italian elections;
– German finance minister Wolfgang Schaeuble speaking on the Eurozone crisis, “I think the worst is behind us”;
– Spain’s house prices are expected to fall another 30 percent over the next decade;
– Ireland’s house prices rose at the fastest pace in six years;

Source:  Guardian and Telegraph


We are not thinking of asking the European Central Bank to intervene and buy bonds in the secondary market…But we can’t rule it out in the future.

– Mariano Rajoy,  Prime Minister of Spain

WEW_Spread_YTDWEW_Bank_WeekWEW_Spread_YTDWEW_Bank_YTDWEZ_YieldsWEW_EuroFX(click here if charts are not observable)

This entry was posted in Weekly Eurozone Watch and tagged , , , , , . Bookmark the permalink.

2 Responses to Weekly Eurozone Watch

  1. Pingback: Weekly Eurozone Watch, December 28, 2012 | The Big Picture

  2. The Wolf says:

    A reblogué ceci sur le blog a lupus…un regard hagard sur l'écocomics et ses finances…. and commented:
    Add your thoughts here… (optional)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.