Finance Links

CFTC Chairman Gary Gensler is no fan of derivatives in general, and credit default swaps in particular.

As he told attendees of a Markit conference on derivatives (via Risk magazine):…

What is it, Trade Imbalance Tuesday? Half a world away from the RMB revaluation wars, analysts have jumped on a recent French attack on German exports as the debate over eurozone recovery grows….

The latest news on: US Fed, Car sales, Close Bros, Festival tip

European finance ministers say they have agreed how they would help Greece in its financial crisis, but reveal few details.

Marco Annunziata, chief economist at UniCredit, is not convinced by the idea of a European Monetary Fund. As he put it in a note on Monday (emphasis ours):

This would be an extremely…

We can’t let the Ides of March go past without at least one Roman-themed post on Monday. Happily, the President of the European Central Bank has been ready to oblige.

As…

The EU is putting the finishing touches to a multi-billion euro bail-out for Greece after weeks of crisis, senior officials tell the BBC.

Portugal’s parliament backs an austerity budget aimed at cutting its deficit to the level permitted for countries using the euro.

If Greece’s public debt management agency has a copy of Aesop’s fables to hand, we’d advise the staff to give them a read.

For it’s all too clear that Athens’…

Europe’s governments are at increasing risk of an interest rate shock this
year as the lingering effects of the Great Recession drive debt issuance to
record levels and saturate bond markets, according to Standard & Poor’s.