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显示标签为“Italy”的博文。显示所有博文

2014年10月16日星期四

EUROPE TANKING AGAIN, GREECE AND ITALY SMASHED


Good morning, and welcome back to the selloff! It is ugly in Europe again
Greek stocks, which got totally destroyed yesterday, are down another 2% today.
Italian stocks are down 3.6% right now, on top of the 4% decline yesterday.
Germany is down over 1%.
There’s also a bit of a freakout on the bond side of things, with Greek 10-year interest rates surging to well over 8%.
The German 10-year yield has hit a record low of 0.718% as people rush to safety.
Generally, this feels VERY much like the bad old days of the Eurozone crisis.
Oil is weak again, and hanging just above $80/share.

2012年9月13日星期四

Markets Are Down In Europe, Italy Drops 1%



Markets are mixed in the European trading session.
England's FTSE 100 is up 0.1%.
France's CAC 40 is down 0.8%.
Germany's DAX is down 0.3%.
Spain's IBEX is down 1.0%.
Italy's FTSE MIB is down 0.8%.
U.S. futures are also down modestly.
Basically, everyone is on hold as they await the Federal Reserve's latest monetary policy decision.  The two-day Federal Open Market Committee (FOMC) meeting wraps up today.  Economists expect the Fed to announce additional easy monetary policy through additional quantitative easing and an extension of its low rate guidance into 2015.





2012年7月5日星期四

SPAIN AND ITALY ARE GETTING WALLOPED, DOWN OVER 3%



So much for convincing investors that Europe is fixed.
The European Central Bank's latest monetary policy decision—a 25 bps rate cut—hasn't bolstered confidence, either.
UPDATE: Markets across Europe are tanking, with Spain taking the biggest hit. Italy is not far behind. A quick look at the scoreboard:
German DAX: -1.2%
French CAC 40: -1.6%
Italian FTSE MIB: -3.0%
Spanish IBEX 35: -3.5%
The IBEX 35 is just getting destroyed:


2012年4月23日星期一

Spain, Italy, France And Germany Are Getting CRUSHED



crash ferrari formula one
In the first day of trading after the big weekend for right-wingers in Europe, Euro markets are getting... crushed.

Spain is off 2.6%.

Italy is off 3.2%.

France is off 1.75%.

Germany is off 1.9%.

US futures are down as well.

Of course, in addition to the big result for Marine Le-Pen in the French election, you also had the government collapse in the Netherlands, thanks to the protest of right-wing politician Geert Wilders.
It was a down night in Asia, as well. China fell 0.76% after another sub-50 Flash PMI report. Japan and Korea registered tiny losses.
Also not helping this morning: Ugly Flash PMI data for the Eurozone and confirmation from the Bank of Spain that Spain has indeed re-entered recession.



2012年2月21日星期二

Good News In Italy



Equity markets aren't doing much special today, despite the Greek deal, but there's some good news in the world of peripheral bonds.
The bellweather Italian 10-year continues to fall, hitting levels not seen since last September.
chart



2011年11月29日星期二

REFRESHER: Here's Who's Going To Get Crushed If Italy Goes Bust

Italy is in a financial and political rout. Prime minister Silvio Berlusconi just said he refused financial aid from the IMF, only to have IMF head Christine Lagarde deny that aid was ever offered.
While his political antics continue, the country has 120% debt-to-GDP ratio and it is $2.2 trillion deep in debt. 10-year government bond yields are up to 6.33%, its manufacturing sector is contracting and its economy is just inching along. 
Exasperated, two loyalists from Berlusconi's conservative party defected this week, and at least six in the lower house of parliament have agreed to defect in future votes. He faces a confidence vote in the next two weeks. Banks and countries with exposure to Italy are now in panic mode.
Here's Who's Going To Get Crushed If Italy Goes Bust 

 * More than 50% of Italian debt is domestically owned

More than 50% of Italian debt is domestically owned
Italian government debt is at $2.2 trillion or about 120% of GDP. The government owes almost $37,000 for everyone in its country.
Source: Reuters

***French government debt exposure to Italy totals $105 billion

French government debt exposure to Italy totals $105 billion
Total lending exposure: $410.2 billion
Source: Bank for International Settlements

***German government debt exposure to Italy totals $51 billion

German government debt exposure to Italy totals $51 billion
Total lending exposure: $164.9 billion
Source: Bank for International Settlements

***Japanese government debt exposure to Italy totals $29.8 billion

Japanese government debt exposure to Italy totals $29.8 billion
Image: ~ezs via Flickr
Total lending exposure: $41 billion

***Belgian government debt exposure to Italy totals $17.3 billion

Belgian government debt exposure to Italy totals $17.3 billion
Image: AP
Total lending exposure: $24.9 billion
Source: Bank for International Settlements

***U.S. government debt exposure to Italy totals $14.38 billion

U.S. government debt exposure to Italy totals $14.38 billion
Image: obama photos via Flikr
Total lending exposure: $44.1 billion
Source: Bank for International Settlements

***UK government debt exposure to Italy totals $12.7 billion

Total lending exposure: $68.9 billion
Source: Bank for International Settlements

***Spanish government debt exposure to Italy totals $10.7 billion

Spanish government debt exposure to Italy totals $10.7 billion
Total lending exposure: $35.8 billion
Source: Bank for International Settlements

***Swiss government debt exposure to Italy totals $5.2 billion

Swiss government debt exposure to Italy totals $5.2 billion
Image: Wikimedia Commons
Total lending exposure: $21.4 billion
Source: Bank for International Settlements