Select Euro Bonds Rise on Safe Haven Bets; Italy and Spanish Bonds Fall
G-7 Proposes Join Intervention Agreements in the Yen vs Unilateral Intervention by Japan
Thursday’s Hybrid Movers
Wall Street Analysts Back Away From Gloom and Doom Recession Calls
Fed’s William Poole: RISK OF `ASTONISHING’ RISE IN INFLATION
Greek CDS Now Spell 91% Chance of Default
Norway’s Krone Appears To Be the Safe Haven Currency of Choice
A Look at Small Cap Growth Paying Dividends
OECD Cuts Global Growth Estimates; Urges Central Banks to Act to Stave Off Recession
“Growth is turning out to be much slower than we thought three months ago, and given the high uncertainty, the risk of a period of negative growth … has gone up,” OECD chief economist Pier Carlo Padoan said.
U.S. growth is set to be much weaker than previously forecast by the OECD at 1.1% in the third quarter and 0.4% in the fourth, compared with forecasts of 2.9% and 3% at the end of May.
Mr. Padoan said the OECD doesn’t expect a recession of the magnitude seen in 2008 and 2009, but protracted contractions in some countries would knock confidence, which in turn risks derailing medium-term growth.”
Comments »Fitch Discusses Downgrade of China and Japan
The Dollar Gains Strength and Treasuries Rise Ahead of Obama’s Jobs Speech
Mobius: Indian Stocks are Still Expensive Despite a 17% Correction
Chinese Yuan Becoming Fully Convertible Faster Than Anticipated
Aussie Dollar Falls After Unemployment Rises Unexpectedly
The Bank of England Left Out Any Mention of Stimulus at Interest Rate Meeting Today
Korea, Malaysia, Indonesia, and the Philippines Keep Interest Rates on Hold
These countries have serious inflation and held rates steady for the moment…
Comments »FLASH: European Markets Pare Gains After ECB Fails to Lower Interest Rates
Can we please have a sex scandal with Trichet and DKS his ass out of that seat….we need a can do figure head
Comments »Italian and Spanish Bond Yields Continue to Relax
The passing of austerity in the senate yesterday kept yields down for Spain and Italy, but Greece is flying high in nose bleed territory.
Comments »
