Angela Merkel

Hope Holding Regarding Ezone Crisis Resolution

August 17, 2012

German Chancellor Merkel endorsed ECB Pdt Draghi’s conditional commitment to aiding peripherals and the promise to preserve the euro. Spanish 10-year sovereign debt yields remain well below the 7% threshold at 6.49%, and Italian 10-year sovereign debt are a tad below 5.8%. The ten-year German bund and British gilt yields firmed a basis point.  The […] More

Hopeful Mood Persists

June 7, 2012

Share prices rose overnight in the Pacific Rim by 1.2% in Japan and India, 2.6% in South Korea, 1.3% in Australia, 0.9% in Hong Kong, 1.9% in Vietnam, and 1.1% in The Philippines.  In European markets, equities have risen 1.0% in Spain, 0.7% in Britain, 0.6% in France and 0.5% in Germany. 10-year sovereign debt […] More