With Germany’s bond market spooking fixed income all over the world, every rate system has fallen under increasing suspicion. US rates seemed …
The risk of Grexit continues to loom over the Eurozone. While both sides face intense internal political pressures, Eurozone leaders are unlikely to …
The US dollar has begun the new week on firm footing, but the tone is more consolidative than trending. The dollar-bloc currencies, led …
The change in the Greek negotiating team appears to have helped reinvigorate the talks with the official creditors. However, insufficient progress has been …
What was once anathema has become conventional wisdom, and lately the only question when discussing the fate of Greece is not if but when it will default. …
The US dollar has yet to stabilize against the euro and sterling, although it has steadied against the dollar-bloc currencies and yen. The …
The countdown continues. Here’s a nice rundown of the Greek endgame, which is moving towards it’s final stages as the ECB refused …
The Eurogroup meeting before the weekend was particularly acrimonious. Greek Finance Minister Varoufakis was isolated and demonized.
The US dollar is firmer against most of the European currencies but is weaker within the dollar-bloc and many emerging market currencies. Against …
Hopes ran high among Europe’s unelected bureaucratic oligarchy and the Troika of official creditors that the Greek government, after the ECB openly dropped …