Politics and Fixed Income trump FX
Italy and Greece look as if they are slowly coming to grips with their political crises. The potenti...
Risk Currencies are finding it a Grind
CAD traders were caught red faced with Septembers trade surplus surprise print (+$1.25b), the first ...
Discussing Eurozone Breakup No Longer Taboo
Since it was first created in 1999, the Eurozone has never been so close to breaking apart as it is ...
EU Warns of Possible Recession
The European Union slashed its earlier growth forecast for the 17-member Eurozone today to just 0.5 ...
Greece Names Former Central Banker as New PM
After a couple of false starts and a whole lot of unnecessary uncertainty, Greece has finally name...
ECB blows smoke for Italy
Italy did get their Bills away this morning. The ECB has been working hard in the background, aggres...
How Italy is Like a 1st-Year University Student
Like many 1st year university students away from home for the first time, Italy is facing the conseq...
Risk Aversion requires lower US Yields
US treasury prices remain on the front foot with yields plummeting. The middle of the US curve has f...
Market still wants Oil and Gold
Oil prices ($96.86) have pared some of their losses after weekly EIA data reported an unexpected -1....
Italian Debt Hits New Post-Euro High
The markets have not been eased by Italian Prime Minister Silvio Berlusoni's pledge to resign once t...