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PIMCO on Spain: It's Too Late to Act
Monday, July 30, 2012 - 12:28pm | 505Read More...PIMCO has published a report on Spain ahead of the much anticipated ECB meeting this week. The analysts at the famed bond management company expect a lackluster response that is more of a band-aid than the proverbial nuclear option. The first point the analysts make is that the firepower to buy...
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Spain, Italy Reinstate Short-Selling Bans Amidst Market Turmoil
Monday, July 23, 2012 - 12:13pm | 434Read More...Spain and Italy banned short-selling on all stocks and equity derivatives Monday, as domestic stock indexes plummeted on fears that Spain would need a full sovereign bailout. Spain's Ibex fell 5 percent ahead of the news but since rallied back only 2 percent. Italian shares saw a similar reversal...
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Why Greece Can't Leave the Euro
Monday, June 4, 2012 - 4:01pm | 778Read More...All you hear about in the financial media today is the risk of a Greek exit of the European Monetary Union, or a Grexit as it has been coined, and they all seem to be taking it as more of a when and less of an if. However, is this really the correct way for investors to be considering Greece, since...
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ECB Adds 14.3 B to SMP, Total Buying Now 110.5 B
Monday, August 22, 2011 - 5:13pm | 107Read More...The European Central Bank (ECB) spent a further 14.3 billion euros on bond purchases last week, down from 22 billion in the previous week, as part of the expanded SMP (Securities Market Program). The purchases of the past two weeks ecli... Go to http://www.SwingTradingDaily.com for full article,...
