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.

Comments
– 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

Dec28_Monti

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)

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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)

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