Category Archives: Euro

BNP Paribas Increases Reserves on Greece Exposure to 60%

Posted on November 2, 2011 by macromon

BNP Pariabas,  Europe’s largest bank in terms of total assets,  took a €2.1 billion hit to earnings after increasing reserves on its Greece exposure to 60 percent,  up from 21 percent last quarter.  The European banks are finally getting serious, … Continue reading →

Posted in Black Swan Watch, Equities, Euro, PIIGS, Policy, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Eurozone Manufacturing Continues to Slide

Posted on November 2, 2011 by macromon

In case you missed this yesterday. (click here if chart is not observable)

Posted in Economics, Euro | Tagged , | Leave a comment

Papandreou punt turns drama into crisis

Posted on November 2, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Sarkozy Looks Devastated By Greek Surprise

Posted on November 1, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Risk, State and Local Government | Tagged , , | 4 Comments

Charile Rose: The Economist on EU Debt Deal

Posted on October 31, 2011 by macromon

Excellent Charlie Rose roundtable on the global economy with Zanny Minton Beddoes, Editor, The Economist, Greg Ip US Economics Editor The Economist and John Micklethwait Editor-in-Chief The Economist.  This is a must see for any interested in the recent EU … Continue reading →

Posted in Black Swan Watch, Economics, Euro, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | Leave a comment

Euro Fracture: “Matters are turning serious” in Italy

Posted on October 31, 2011 by macromon

It you’re looking for some Euro gloom, go no further than Ambrose Evans-Pritchard’s latest, Italy, Europe, and Red Brigade terror.   He writes that Italy risks an outbreak of terrorism if the labor market reform is rushed as the EU … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Euro, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Super Mario’s dilemma, inflation fighting vs stimulus

Posted on October 31, 2011 by macromon

(click here if video is not observable)

Posted in Euro, Monetary Policy | Tagged , , , | Leave a comment

M.F. Euro Takes Down Equities

Posted on October 31, 2011 by macromon

Lots of debate out there what took the market down today.  We’re not certain you can tag the first 15 S&P points on a single factor — MF Global, euro,  Italy, yen intervention and strong dollar, or simple profit taking … Continue reading →

Posted in Black Swan Watch, Bonds, Dollar, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | Leave a comment

Rehn: Tackling sovereign debt ‘first priority’

Posted on October 31, 2011 by macromon

Here’s an Euronews interview with one of  the EU’s top debt crisis policymakers.: Olli Rehn is the European Commissioner for Economic and Monetary Affairs, a key role in defining strategy against the back-drop of the debt crisis. The latest proposal … Continue reading →

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Merkel: euro crisis can’t be solved overnight

Posted on October 30, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment