All Posts > Content under Europe
British Chaos
Article By:
Vivian Lewis
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Friday, February 7, 2014 12:29 AM EDT
London is locked down due to a tube strike as Bob Crow, the union leader, takes on Boris Johnson the Mayor. More investing news follows from the Netherlands, Belgium, and Luxembourg (a Benelux trifecta!), Norway, Britain, Brazil, Hong Kong, Ireland, Scotland, and China.
In this article: ABX, CNI, COV, GSK, NVS, RBS, TEF, TOT, GLPYY, PDYPF, TCTZF, LBTYA, LBTYK, TEVA, RBGLY
Banking Accidents Waiting To Happen
Article By:
Acting-Man
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Wednesday, February 5, 2014 7:09 PM EDT
The recent EM currency crisis may bring European bank worries to the fore again. The total exposure of these banks to emerging markets amounts to well over $3 trillion. Euro zone banks have some 70% of their capital and reserves at risk. The average of loans outstanding that have become non-performing in past EM crises amounted to 40% of all loans
Welcome Janet: Worst February Start For Stocks In 32 Years
Article By:
Tyler Durden
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Tuesday, February 4, 2014 3:17 PM EDT
The Nasdaq plunged by the most in over 8 months today and broke all the way back to unchanged from the December taper decision of the Fed. All major US equity indices are now negative from the time the Fed decided to slow its flow of free money.
In this article: SPY
An Update On Wobbly EM Currencies
Article By:
Acting-Man
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Tuesday, February 4, 2014 12:10 PM EDT
There have been small moves in EM currencies on Monday, but charts comparing the Argentine peso, the South African Rand, and the Turkish lira to the U.S. dollar are ominous.
5 Reasons The ECB Will Act In The Months Ahead
Article By:
Sober Look
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Saturday, February 1, 2014 3:29 PM EDT
The European Central Bank will be forced to loosen monetary policy in the near future.
Italy Unveils Most Bizarre Bank Bailout Yet
Article By:
Tyler Durden
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Saturday, February 1, 2014 11:18 AM EDT
taly's government voted final approval to a decree hiking the value of Bank of Italy's share capital from €156K to €7.5 billion. This means, that Intessa and UniCredit will have to sell the bulk of their central bank "equity" stakes. And who will they sell them to? Why the central bank itself.
Greece Is Back: Germany, France, Creditors Hold Secret Meeting Due To Greek Bailout "Mounting Concerns"
Article By:
Tyler Durden
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Friday, January 31, 2014 1:02 PM EDT
Top officials peeled away from colleagues after a euro-zone finance ministers meeting in Brussels Monday evening for a secret meeting to discuss mounting concerns over Greece's bailout.
No Emerging Markets Route II
Article By:
Vivian Lewis
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Thursday, January 30, 2014 4:08 PM EDT
The long-awaited Turkish rate hike took markets by surprise although higher rates to fight inflation were expected for weeks. Turkish interest rates went from 4.5% to 10% in one fell swoop to try to shock lire short-sellers. This led to some reversal of the anti-emerging markets trend.
Ukraine Stocks Hover At 5-Year Lows As Ex-President Warns Of Imminent "Civil War"
Article By:
Tyler Durden
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Thursday, January 30, 2014 2:54 PM EDT
Following discussions with Merkel, demands to de-escalate tensions from Barrose, and threats of sanctions from President Obama. Ukraine's President Yanukovych has gone on sick leave from "immense pshcological pressure."
Which Way Wednesday – FOMC Edition
Article By:
Phil Davis
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Wednesday, January 29, 2014 12:05 PM EDT
The reality is, there's not all that much Obama can do without Congress and it's the Democrats' objective to make that clear.
Emerging Market Meltdown Resumes
Article By:
Tyler Durden
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Wednesday, January 29, 2014 9:19 AM EDT
As South Africa hiked rates this morning (whose effect on the Rand was promptly overwhelmed by the Lira collapsing back to weaker than pre-rate-hike) stock markets around the world are rapidly deteriorating and the safety of bonds and bullion is being sought aggressively.
In this article: GLD
These Are The Riskiest Emerging Markets
Article By:
Tyler Durden
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Tuesday, January 28, 2014 1:29 PM EDT
Now that EMs are fully in the public eye, Bank of America has updated its "most important external vulnerability indicators" table for emerging markets.
Russian Bank Halts All Cash Withdrawals
Article By:
Tyler Durden
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Tuesday, January 28, 2014 11:34 AM EDT
It would appear the fears of a global bank run are spreading. Bloomberg reports that 'My Bank' - one of Russia's top 200 lenders by assets - has introduced a complete ban on cash withdrawals until next week.
BRICs Under Pressure
Article By:
Sober Look
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Monday, January 27, 2014 11:50 PM EDT
As the emerging markets contagion spreads, the BRIC nations are coming under increasing pressure in the capital markets.
Daily Pfennig: Risk Aversion And Rate Expectations Behind The Wheel
Article By:
Casey Research
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Monday, January 27, 2014 5:07 PM EDT
Covering: This week in data; What happens in Davos; Brazilian damage control; and Carney's party foul...
Nike: Took A Breather, Offering An Opportunity
Article By:
Dr. Paul Price
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Monday, January 27, 2014 2:25 PM EDT
Athletic apparel maker Nike (NKE) has eased back from $80.26.
Market Shadows is playing for an even more attractive entry point.
In this article: NKE