"If you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore

Friday, December 30, 2011

2012: Make or Break for the Eurozone [VIDEO]


2012: Make or Break for the Eurozone [VIDEO]
2012: Make or break for the euro zone
Reuters Video
29 - The euro zone debt crisis spread from the periphery to the core in 2011, as austerity and social unrest grew and governments fell. With Europe now looking to move towards closer to fiscal union, analysts say 2012 will be make or break for the ...

Eurozone Faces Tough Hurdles in 2012
TIME
29, 2011 (FRANKFURT, Germany) — After a hugely-turbulent 2011, the 17 countries that use the euro will be quickly confronted in the new year with major hurdles to solving their government debt crisis, just as the eurozone economy is expected to sink ...

Lending to Euro-Zone Private Sector Slows
Wall Street Journal
By WILLIAM LAUNDER And MARGIT FEHER FRANKFURT—Lending to the euro zone's private sector fell in November to its lowest rate in over a year, a sign that economic activity in Europe is poised to remain depressed and that the European Central Bank may ...

Eurozone crisis live: Italy tests market confidence with €8.5bn debt auction
The Guardian
Seperately, the M3 measure of money supply in the eurozone dropped sharply last month (according to European Central Bank data). That, according to Howard Archer of IHS Global insight, will: reinforces belief that underlying Eurozone inflationary ...

The Guardian

Euro zone concerns set to weigh on Nikkei
Reuters
TOKYO, Dec 29 (Reuters) - Japan's leading index is seen falling on Thursday ahead of an Italian debt sale after US and European shares fell overnight on renewed concerns over the euro zone sovereign debt turmoil. Nikkei average was likely to trade ...

Eurozone credit crunch fears on M3 money contraction
Telegraph.co.uk
Europe is at mounting risk of a fresh credit crunch after the eurozone money supply contracted for a second month in November and the volume of private loans began to shrink. Credit to households and business on a month-to-month basis it has been flat...

Telegraph.co.uk

Eurozone faces tough hurdles early in 2012
Newsday
Nation Newsday > News > Nation Eurozone faces tough hurdles early in 2012 Originally published: December 29, 2011 3:53 AM Updated: December 29, 2011 8:32 AM By The Associated Press DAVID McHUGH (AP Business Writer) FRANKFURT, Germany - (AP) -- After a ...

Newsday

JGBs steady as euro zone concerns support bids
Reuters
The benchmark 10-year yield is poised for its second straight year of declines largely as the euro zone debt crisis and the global economic slowdown have boosted the safe-haven appeal of JGBs. Market players expect that to continue next year, ...

Wall Street ends 5-day rally on renewed euro-zone concerns |
Reuters
By Angela Moon | NEW YORK (Reuters) - US stocks fell more than 1 percent on Wednesday after a hefty year-end rally and the S&P 500 erased gains for the year on renewed concerns about the euro zone's financial health. The selloff followed the euro's ...

Despite euro crisis, Germans hopeful for 2012: Poll
Economic Times
BERLIN: Despite the storm clouds over the eurozone, one German in two is looking to 2012 with more hope than fear, a poll published Thursday indicated. The survey in Europe's top economy by independent opinion research institute Allensbach showed 49 ...

Eurozone faces tough hurdles early in 2012
Newsday
Click here Eurozone faces tough hurdles early in 2012 Originally published: December 29, 2011 3:53 AM Updated: December 29, 2011 4:47 AM By The Associated Press DAVID McHUGH (AP Business Writer) (AP) -- After a turbulent 2011, the 17 countries that use ...

Newsday

Asian Stocks Mixed On Euro Zone Concerns
RTT News
(RTTNews) - Asian stocks swung between gains and losses before closing on a mixed note Thursday as worries that several EU banks are facing severe funding problems kept investors at bay. A downturn on Wall Street overnight and falling commodity prices ...

Bonds rise on eurozone debt uncertainty
Sydney Morning Herald
Australian bond prices rose towards record highs as uncertainty around eurozone growth and debt supported demand for fixed income assets amid quiet conditions. At 1630 AEDT on Thursday, the March 10-year bond futures contract price was 96.240 (implying ...

Britain and the eurozone: friends in need
The Guardian
Yet the N-word has been bandied around a lot in the past couple of weeks in a row between George Osborne and his counterparts in the eurozone over whether Britain should contribute to an IMF war chest. Two things should be said about this battle. ...

Euro zone M3 money supply grows less-than-expected
Moneycontrol.com
Forexpros - Pros – The euro zone's M3 money supply grew less-than-expected in November, official data showed on Thursday. In a report, the European Central Bank said M3 money supply in the single currency bloc rose at annualized rate of 2.0% in ...

Non-euro Denmark takes over European Union amid euro crisis
Economic Times
COPENHAGEN: Non-euro country Denmark takes over the European Union presidency Sunday, determined to solve the crisis in the 17-member eurozone by cultivating consensus among all 27 EU members. The Scandinavian nation of 5.6 million, one of the few ...

Eurozone Facing Recession Hurdles in New Year
Christian Broadcasting Network
European leaders will face major hurdles trying to solve their debt crises in the New Year as theeurozone economy appears headed for a recession. European countries are trying to shore up their weak banks to prevent a financial crisis that could ...

Financial crisis alludes to problem with capitalism
The News International
The speakers highlighted that soon after the claims of End of History with the liberal economy as final destination of mankind in the field of economics, the world was shaken by the worst financial crisis. Identifying the factors that had contributed ...

JGBs steady as euro zone concerns spur bids
Reuters
Players expected the euro zone's debt woes to underpin demand for JGBs, helping to counter fears that the uncertain outlook for a sales tax hike in Japan could spur yield rises. * The yield curve bear-steepened on Wednesday as yield rises in superlongs ...

RUTH SUNDERLAND: New Year, but no resolution to eurozone woes
This is Money
By Ruth Sunderland Next year ought to make or break the single currency, but that assumes a neat binary opposition that does not exist in the messy and prevarication-prone world of eurozone politics. Past performance, as they say in investment circles,...

This is Money

Sefton taxpayers' millions at risk to Eurozone financial crisis
Crosby Herald
SEFTON Council has £50m of taxpayers' money exposed to the current financial crisis, according to a council report. Currently stored in a number of banks, there are concerns that more problems in the Eurozone could put some of the funds in jeopardy. ...

Banks 'must prepare' for eurozone changes
China Daily
By Wang Xiaotian (China Daily) BEIJING - Chinese banks should prepare technically and strategically for a partial break-up of the eurozone, said an analyst at Bank of China Ltd (BOC) on Wednesday. The biggest risk for Chinese lenders lies in ...

China Daily

Gold Price Hits 6-Month Low, Flirts with "Lehman's Uptrend", on Eurozone ...
BullionVault
s all-time Dollar high – on what dealers called "long liquidation" and "pressure" from the Eurozonedebt crisis. New tax laws in Japan were also blamed for forced sales during Asian trade, as Gold Bullion retailers must report physical transactions ...

Dollar And Yen Steady After Surging Up On Eurozone Worries
NASDAQ
The Eurozone M3 money supply for November and the Italian business confidence for December are slated for release in the European session. The US pending home sales for November, weekly jobless claims for the week ended December 24 and the Chicago PMI ...

Top 10 business stories of 2011
The Guardian (blog)
The eurozone debt crisis dominated the business year in 2011, with the huge appetite among readers for every twist and turn of the unfolding crisis reflected in the popularity of our daily live blogs. These accounted for five of our top 10 most-read ...

Angela Merkel's economic adviser Weder di Mauro refuses to rule out eurozone break-up ...
Telegraph.co.uk
One of German Chancellor Angela's Merkel's economic advisers, Beatrice Weder di Mauro, has refused to rule out a break-up of the eurozone, in an interview published on Thursday. By Andrew Trotman Ms Weder di Mauro, a member of the German Council of ...

Telegraph.co.uk

Tata Steel hits 52-week low on euro-zone debt worries
India Infoline.com
On BSE, 1.81 lakh shares were traded in the counter as against an average daily volume of 12.52 lakh shares in the past one quarter. The stock had hit a low of Rs 341.35 so far during the day, which is also a 52-week low for the counter. ...

Some Things I Missed Before the Financial Crisis
Cato @ Liberty
I take some pride, but little satisfaction, from having tried to fix several of the systemic flaws that ultimately led to the financial crisis. I also was fortunate to spend that time serving under Senate Banking Committee leadership that was more ...

Eurozone crisis: Will the Full Monti 'Save Italy'? — RT
By RT
Italy's premier has promised a new package of measures to start the country's sluggish economy. But can Mario Monti's technocratic approach rescue the eurozone's third-largest economy, which finds itself at the heart of the European debt ...
News RSS : Today

Merkel Economic Advisor Does Not Exclude Eurozone Break Up
By admin
She also warned that unless the financial crisis is intercepted quickly, it can lead to a recession in Germany, with the economy contracting 0.5%, and leading to an increase in unemployment. Finally, she made it all too clear how Germany ...
Prison Planet.com

Eurozone Faces Headwinds In Early 2012
By The Huffington Post News Editors
FRANKFURT, Germany -- After a turbulent 2011, the 17 countries that use the euro will be quickly confronted in the new year with major hurdles to solving their government debt crisis, just as theeurozone economy is expected to sink back into ...
The Huffington Post | Full News Feed

Today on the Eurozone Crisis, Arnold Kling | EconLog | Library of ...
By Arnold Kling
The last generation of smart MBAs got around capital requirements by pooling risky assets into "AAA" securities that had lower risk weights, and then putting those securities in special-purpose vehicles with off-balance-sheet credit guarantees. ...
EconLog: Library of Economics...

Euro Zone M3 Money Supply Grows Less-than-expected
By Forexpros
Forexpros – Pros – The euro zone's M3 money supply grew less-than-expected in November, official data showed on Thursday. In a report, the European Central Bank said M3 money supply in the single currency bloc rose at annualized rate ...
DailyMarkets.com

Kubilius: due to situation in eurozone wages in Lithuania will ...
By The Baltic Course | Baltic States news & analytics
Prime Minister of Lithuania Andrius Kubilius forecasts that wages will increase in 2012, yet, they will grow to a lesser extent than had been projected. According to him, a modest rise will be determined by the euro zone situation.
The Baltics Today

Forex - Dollar mixed as euro zone concerns weigh By Forexpros
By Forexpros
Forex - Dollar mixed as euro zone concerns weigh.
Forex Pros RSS News Feed | Forex News

Oil Trades Near Recent Lows on Euro Crisis and Stockpiling ...
By CRONKITE
Stock picks, stock discussion, market news, stock analysis, investing blogs.
iBC_FN | iBankCoin Financial News

Op-Ed: Debt relief — The solution for the Euro crisis?
The lead story on the BBC news this morning was the huge rise in young people taking out debt relief orders. There is a lesson here for nations.
RSS Feed - Top Digital Journal News

Still Important Underlying Fears Surrounding the Euro-zone Banking ...
Still Important Underlying Fears Surrounding the Euro-zone Banking Sector. Swing trading Strategies, day trades, stock trading free picks, market commentary/technical analysis/swingtracker for the swing-day-stock-forex trader. Stock Picks ...
Free Daily Swing and Day Trading...

Merkel Economic Advisor Does Not Exclude Eurozone Break Up
By goldsilvermshup
In an interview making the rounds this morning, which appeared in German "for the people" daily Bild, one of the German Council of Economic Experts, Beatrice Weder di Mauro, who is one of five economic advisors to Angela Merkel, put it in no uncertain ...
goldsilvermshup

Eurozone credit crunch fears on M3 money contraction | ForexLive
Love him or loathe him, latest from AEP at The Telegraph. Been a long time since I've paid close attention to money supply data, but recently it's been.
ForexLive

Euro zone November M3 annual growth +2.0%
By ForexLive
Weaker than Reuters' median forecast of +2.5%. M3 moving average Sept-Nov +2.5%, down from +2.8% in Aug-Oct quarter and weaker than median forecast of +2.7%.
Forex Bloggers

Merkel Economic Advisor Does Not Exclude Eurozone Break Up ...
Finally, she made it all too clear how Germany plans to deal with the PIIGS laggards: "Over-indebtedeuro-zone nations must submit to a long-term insolvency ...
www.zerohedge.com/.../merkel-economic-advisor-does-not-ex...

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