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CDS update May 14th
North America
Normal behavior, low volatility.
Europe
Higher volatility than usual.
T/W ratio reversing from positive 90 yesterday to negative 1.7 today mimicking bond and equity markets, ergo being highly influenced by FX. High volatility expected in the short term with negative T/W ratio.
Asia
Sovereigns
Negative T/W ratio mostly due to Europe.
Comparative market summarization
Private:
Sovereign:
Financial risk
Index fair values
LIBOR
1 month
The last reported monthly rate is: 0.2800%
3 month
The last reported monthly rate is: 0.34656
6 month
The last reported monthly rate is: 0.53063
1 year
The last reported rate is: 1.01563
TED Spread
*Data compiled via: Bloomberg, CMAvision, Markit and MoneyCafe.com
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ck one
When Calvin Klein launched this fragrance 18 years ago, its timing was perfection. After a decade of in-your-face scents and corporate excess, the minimalist glass bottle, coupled with Steven Meisel’s unforgettable Kate Moss ads, nailed the new ’90s aesthetic. French and Spanish noses Harry Frémont and Alberto Morillas gained prominence with a fresh take on citrus, blending high notes of pineapple, papaya, and lemon with a base of sandalwood and amber. At its peak, 20 bottles were sold every minute. ck one, Calvin Klein ($40). Sephora, 200 W. 42nd St.,
Joy
Although Jean Patou’s fashion empire has been consigned to history, the French designer’s legacy lives on in his perfumes, none more so than Joy. Intended to be a benchmark of exclusivity, one ounce of Joy scent contains 10,600 jasmine flowers and 28 dozen May roses. It was the most expensive scent in the world when it launched in 1930. Joy, Jean Patou Paris ($150). Bergdorf Goodman, 754 Fifth Ave.,
No. 5
In 1924 Chanel No. 5 launched in New York with just a small ad in The New York Times noting it could be bought at upscale department store Bonwit Teller & Co. Yet Coco Chanel’s seductive blend of ylang-ylang, jasmine, and May rose was an instant word-of-mouth phenomenon—so much so that by the end of World War II, when Chanel’s Rue Cambon boutique gave away free bottles to American GIs returning home, they were besieged. Today, a bottle of Chanel No. 5 sells every 30 seconds. No. 5, Chanel ($85). 139 Spring St.,
Opium
Grace Jones and Diana Vreeland were among the famous faces at the raucous 1978 Asian-themed launch party for YSL’s most seductive scent, Opium, held aboard the Peking, a tall ship still docked at the South Street Seaport Museum. Opium, Yves Saint Laurent ($85). Saks Fifth Avenue, 611 Fifth Ave.,
Poison
When Dior’s Poison arrived in New York in 1985, it was impossible to ignore. A huge budget ensured that its heady combination of tuberose, coriander, and opoponax quickly became so popular that several restaurants reportedly banned diners from wearing it. Poison, Dior perfume. Bloomingdale’s, 1000 Third Ave.,
Chanel Fragrance N5 Paris Queen Perfume Eau De Parfume $90.87 Chanel Paris Perfume N19 Eau De Parfum Womens Fragrance $111.87 Chanel N19 Perfume Paris Lady Fragrance Green Day Eau De $110.87 Chanel Chance Eau Fraiche Eau De Toilette Spray Ladies Fragrance $93.87welcome to http://www.perfumeparisshop.com/
Ralph Lauren Polo
Since its launch in 1978, Ralph Lauren’s first male fragrance hasn’t fallen off the top 20 list of men’s fragrances. “The elegance, power, and energy of Polo are definitely reminiscent of a charismatic New York man,” says Carlos Benaim, the nose behind the unmistakable patchouli-centric scent. Now the original emerald-green bottle, fashioned to resemble a hip flask, has given birth to seven spin-off scents. Polo, Ralph Lauren ($65). 888 Madison Ave.,
Shalimar
Parisian nose Jacques Guerlain created Shalimar in 1925 as a tribute to the love story of Mughal Emperor Shah Jahan and his wife, Mumtaz, for whom the Taj Mahal was built. News of its enthralling mix of tonka bean, incense, and iris reached our shores when Madame Raymond Guerlain wore it aboard the luxury ship the Normandie. When it launched in the US two years later, there was already a waiting list. Last year over 5,000 bottles were sold in New York alone. Shalimar, Guerlain ($73). Sephora, 45 E. 17th St.,
White Diamonds
Elizabeth Taylor famously adored perfume, so it’s fitting that her White Diamonds—which first sold for $200 an ounce at New York’s Marshall Field & Co.—remains the world’s best-selling celebrity fragrance to date, having generated more than $1 billion. White Diamonds, Elizabeth Taylor ($52). Macy’s, 151 W. 34th St.,
Youth-Dew
Just five years after Estée Lauder got her big break behind a beauty counter at Saks Fifth Avenue, she launched her first fragrance online. She named it Youth-Dew and sold it on the promise that it was a bath oil that doubled as a perfume. In its first year Youth-Dew earned Lauder about $50,000; by 1984 the figure had jumped to over $150 million. Youth-Dew, Estée Lauder ($32). Macy’s, 151 W. 34th St.,
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i dont know it.
write it in the response to this comment.
bwm@bostonwealth.net