Tag Archives: Greece

Weekly Eurozone Watch – Spreads Tighten, Banks Ramp

Posted on August 17, 2012 by macromon

Key Data Points German 10-year bund 11 bps higher; Italy 10-year 23 bps tighter to the Bund; Spain 56  bps tighter; Portugal 33 bps tighter; Greece 9 bps tighter; Large Eurozone banks continue to run, up 3-9 percent for the … Continue reading →

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Weekly Eurozone Watch

Posted on August 10, 2012 by macromon

Key Data Points German 10-year bund 4 bps lower; Italy 10-year 11 bps tighter to the Bund; Spain 10  bps wider; Portugal 96 tighter; Greece 92 bps tighter; Large Eurozone banks continue their ramp; Euro$ down 0.60 percent; Comment Relatively … Continue reading →

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Eurozone Flash PMI At 46.5, Contracts 10 of Last 11 Months

Posted on July 24, 2012 by macromon

Markit reported this morning the Eurozone PMI Composite Output Index was unchanged at 46.4 in July as the private sector contracted for the tenth time in the past 11 months.    Chris Williamson, Chief Economist at Markit, commented, The flash … Continue reading →

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Weekly Eurozone Week: Pain in Spain

Posted on July 20, 2012 by macromon

Key Data Points German 10-year bund 9 bps lower; Italy 20 wider; Spain 70 wider; Large banks down 3-10 percent; Euro falls 0.6 percent. (click here if charts are not observable)

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Weekly Eurozone Watch

Posted on July 13, 2012 by macromon

(click here if charts are not observable)

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Collapse of Euro a “Very Likely Scenario” – Spiegel

Posted on June 26, 2012 by macromon

We posted yesterday that the Germans are starting to think out loud about the breakup of the Euro.  Here’s an excerpt and chart on the economic aftermath of a Eurozone split from the Der Spiegel piece, Collapse of Currency a … Continue reading →

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | 2 Comments

Greece Creates 70K Government Jobs While Promising Cuts

Posted on June 25, 2012 by macromon

How will Greece’s official creditors react? (click here if video is not observable)

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, PIIGS, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

‘Toon of the Day: Euro 2012

Posted on June 22, 2012 by macromon

Could it encapsulate the Euorzone crisis any better? Hat tip Walter “The Grinder” Norosky from Poland. (click here if cartoon is not observable)

Posted in Cartoon of the Day, Germany, PIIGS | Tagged , , | 3 Comments

Weekly Eurozone Watch: Spreads Tighter

Posted on June 22, 2012 by macromon

Key Data Points German 10-year Bund yield 14.4 bps higher; France 12.7 bps tighter; Italy 27.1 bps tighter; Spain 63.8 bps tighter; Portugal 117 bps tighter,  closes below 10% at 52 week low; Ireland 40 bps tighter; Italian and Spanish … Continue reading →

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Stratfor: Effectiveness of Austerity in Europe (Portfolio)

Posted on June 21, 2012 by macromon

(click here if video is not observable)

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