-
Monday, July 30, 2012 - 12:28pm
PIMCO on Spain: It's Too Late to Act
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...
Read More >> -
Monday, July 23, 2012 - 12:13pm
Spain, Italy Reinstate Short-Selling Bans Amidst Market Turmoil
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...
Read More >> -
Monday, June 4, 2012 - 4:01pm
Why Greece Can't Leave the EuroAll 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...
Read More >> -
ECB Adds 14.3 B to SMP, Total Buying Now 110.5 B
Monday, August 22, 2011 - 5:13pmThe 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,...
Read More >>


