Tag Archives: Spain

Euros Save the Day, But NIKE Takes Nasty Headbutt

Was it really that much of a surprise to move the Dow 400 points off yesterday’s low?   Nope. Though we remain concerned about a “terminal” Euro, here’s our commentary from Weekly Eurozone Watch last week, Post Greek election and rumors … Continue reading

Posted in Black Swan Watch, Equities, Euro, Germany, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | 1 Comment

Germany, France, Italy and Spain meet ahead of summit

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, Sovereign Debt, Sovereign Risk | Tagged , , , , | 5 Comments

Collapse of Euro a “Very Likely Scenario” – Spiegel

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

Weekly Eurozone Watch: Spreads Tighter

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)

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, PIIGS | Tagged , , , , , | Leave a comment

Spain’s fight to save regions

(click here if video is not observable)

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More Pain in Spain

Though yields dropped about 20 bps today,  the pain continues.   Big move in the German 10-year bund since June 1st –  1.17 to 1.51 percent! (click here if video is not observable)

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

Greece Is Not The Word

Check out today’s action  in European sovereign credit and bank equities after the the better than expected results from the Greek election.   Spain and Italy blowing out and Euro bank stocks clearly demonstrates the market is beyond Greece and looking … Continue reading

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Italian Yields, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | Leave a comment

Weekly Eurozone Watch

Key Data Points German 10-year Bund yield 11 bps higher; Spain 55 wider; Portugal 65 bps tighter; Greece 191 bps; Italian banks down 3-5 percent; Other Eurozone large banks flat to up 3 percent; Euro FX up 1.10 percent; Comment … Continue reading

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Italy Fears Pain From Spain

(click here if video is not observable)

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