Tag Archives: EU

cliff dive

3 month Euribor goes negative for first time!

We live in interesting times. The ECB funding rate, Euribor, for 3 month terms has gone below zero % for the first time….

April 21st, 2015 by

Financials

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samurai lessons

Chart of the Day: Some YEN lessons for the euro on QE…

Whoosh, the euro is rapidly heading towards 1.10 against the USD. But where could it ultimately go?  Here’s a few charts….

January 23rd, 2015 by

Technical Trends

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explosive power

QEazy ECB: 5 thoughts as to what happens next….

Amazingly, we are in our 7th year of central banking assistance to financial markets but there is apparently still a need for an additional €1.2 trillion ECB balance sheet explosion . Here are 5 early WealthiFi observations…

January 22nd, 2015 by

Financials

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samurai

Hello 2015…Europe goes Japanese and then some!

Happy New Year WealthiFi readers. Well that didn’t take long; our previous views on Europe emulating Japan in financial gymnastics, but worse, were confirmed after just one trading day into 2015.

January 2nd, 2015 by

Editorial

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bank quake

Bank stress tests to trade or invest?

Here we go again. Europe is about to take its latest stab at the quality of assets in its banking system. In the absence of any shocks, savings pools/funds will continue to own shares in this sector… but should they? 

October 24th, 2014 by

Financials

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herding

Europe: Is the herd bond trade unravelling?

Yesterday we wrote about our concerns re Europe and the optimistic view that all euro sovereign bond yields should trend down as if we were on the road to Japan. We didn’t have to wait long to witness investor pain…..

October 15th, 2014 by

Debt

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japanEU

Europe is not Japan, it might be worse…..

This writer was listening to a former EU commissioner speak in recent days and it wasn’t Germany’s rapidly deteriorating growth which bothered him. He readily acknowledged structural reform issues but his big worry was nationalism wrapped in populist politics…

October 14th, 2014 by

Editorial

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mario super

Chart of the day: EU vs Emerging Markets…bring on Mario!

Emerging markets indices have decoupled from Europe in the past 3 months as growth worries shift East to West. Super Mario has much work to do….

September 11th, 2014 by

Technical Trends

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lufthansa

High yield bonds flying in Europe….

Growth hits a wall, Mario drops interest rates and Europe just shuffles along. While investors now have the pleasure of paying the Irish government to lend them money the thirst for yield remains unsated….

September 11th, 2014 by

Debt

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complacent?

Brokers bemoan low volatility but not risk, oh really?

The drum beat of financial headlines and broker results would persuade casual observers of extremely low volatility in equities markets. Last week was a bit livelier but low volatility is no excuse for complacency.

July 14th, 2014 by

Behavioural Finance

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