Posts Tagged ‘Greece’
Tue Jul 27, 2010 16:00 BST |
On this week’s businesss monitor podcast, we assess the state of the European banking sector on the back of the EU-wide stress test results released on July 23. BMI’s Head of Country Risk and Financial Markets Justin Patrie, along with Head of Europe Analysis Mark Schaltuper and Europe Analyst Chris Graham, dissect the methodology of [Read more...]

Standard Podcast [20:37m]
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Tags: banking sector, Cajas, Default, Europe, Germany, Greece, Landesbanken, liquidity, NPLs, Restructuring, sovereign debt, Spain, Stress Test
Posted in: Emerging Europe, Eurozone, Financials, Podcast
Thu Jul 15, 2010 18:05 BST |
The last few weeks have certainly been good to the Spanish on the football pitch and the tennis court. But as the sporting hangover begins to wear off, all eyes will return to the ailing economy. Unlike Greece, Spain has not come to the forefront of investor concerns in recent months because of its sovereign [Read more...]
Tags: banking sector, competitiveness, construction boom, Eurozone, Greece, internal devaluation, Real Estate, Spain, unemployment
Posted in: Eurozone, General, Inflation/Deflation
Fri Jul 9, 2010 15:55 BST |
It is now over 9 months since Greece’s sovereign debt crisis brought the Eurozone’s stability to the forefront of investor concerns. With a trillion dollar bailout fund in place, and the recent bounce in the euro (some 5% against the US dollar), can we assume that the worst is now behind us. Justin Patrie, Head [Read more...]

Standard Podcast [15:20m]
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Tags: 2s-10s, banking sector, bond yields, bunds, Default, EU, euro, Eurozone, Germany, Greece, housing market, internal devaluation, solvency risks, sovereign debt, Spain
Posted in: Eurozone, Financials, General, Inflation/Deflation, Podcast
Tue Jul 6, 2010 18:34 BST |
The euro continued to rally in today’s trading and is beginning to approach key technical resistance around the US$1.2750/EUR area. Though on the daily chart the unit is beginning to look increasingly overbought, the technical pattern points towards further upside for the euro, and I would not rule out a push to US$1.30/EUR.
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Tags: dollar, euro, Eurozone, fundamentals, Greece, housing data, internal devaluation, PIIGS, RSI, short selling, sovereign debt, Spanish banks, speculative positions, technical pciture, unwinding, US labor market, US labour market
Posted in: Currencies, Eurozone, Financials, Inflation/Deflation
Wed Jun 30, 2010 15:01 BST |
Last week Mark Schaltuper, BMI’s Head of Europe Analysis, spoke on CNBC European Closing Bell about the prospect of an internal devaluation for the least competitive eurozone economies.
Tags: competitiveness, deflation, euro, Eurozone, Fiscal Austerity, fiscal union, Germany, Greece, internal devaluation, ireland, Italy, Portugal, Spain
Posted in: Eurozone, Financials, General, Inflation/Deflation
Wed Jun 23, 2010 18:36 BST |
Financial markets seem to have a very short memory span when it comes to aligning with macroeconomic fundamentals these days. Though the release of housing sales numbers in the US today and the short-lived euphoria of China’s loosening of its exchange rate regime at the start of the week seem to have shaken up equities [Read more...]
Tags: asset prices, Bundesbank, competitive, competitiveness, Construction, debt deflation, deflation, ECB, ERM-2, euro, Eurozone, Germany, Greece, housing bubble, internal devaluation, ireland, Italy, labour costs, Portugal, Spain, unemployment
Posted in: Eurozone, Inflation/Deflation
Fri May 7, 2010 16:05 BST |
Recent developments in global markets have largely reaffirmed BMI’s pre-existing key views on the eurozone (it looks bad), deflation and inflation (it’s deflation), and the outlook for growth in the second half of 2010 (our expectation for a slowdown is looking better and better). Mark Schaltuper is joined by Tim Cooper, BMI’s Chief Economist, to [Read more...]

Global Meltdown [11:42m]
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Tags: 1000 points, Athens, bunds, Double Dip, Dow Jones, ECB, euro, Euro-zone, Germany, global markets, Greece, Greek bailout, meltdown, rally, Trichet
Posted in: China, Equities, Eurozone, Financials, General, Inflation/Deflation, Podcast, US