This page has been archived and commenting is disabled.
ECB Purchased €134 Million In Sovereign Bonds In Week Ended Sept. 24, Compared To €323 Million Previously
The ECB has announced that for the week ended September 24, the Fed's much more impotent European cousin has purchased €134 million in sovereign bonds under its Securities Markets Program. This compares to an increase of €323 million in the preceding week, and €237 the week before that. While the ECB does not provide the breakdown of the actual bonds purchased, one can be certain that the names of Ireland and Portugal featured prominently in the trade tickets. And even as the ECB is caught between a rock and a hard place, knowing full well it would like to resume to bond purchases to the multi-billion level seen at the beginning of the Euro crisis, such a move would infuriate Germany - as the WSJ highlights: "Elevating [purchases] back up to several billion euros a week would likely
spark renewed opposition in Germany, where both the central bank and the
public were against buying government bonds, Mr. Annunziata says. In
addition, he says, the ECB may want to "keep up the pressure" on
governments to stick to their austerity pledges." Yet even at the moderated pace of sovereign debt monetization, the holdings by the Eurosystem of securities held for monetary policy purposes increased to €122.8 billion. What is not included in this number is the hundreds of billions in capital pledged directly to host banks in exchange for covered bonds, bankrupt stocks, beads, and other worthless objects which Jean Claude Trichet seem to believe are worth 100+ cents on the dollar even in an apocalypse case.
»
- 2663 reads
- Printer-friendly version
- Send to friend
- advertisements -
OT: Leaders of France, Germany, Russia to discuss join security concerns in October summit
http://www.foxnews.com/world/2010/09/27/leaders-france-germany-russia-di...
Discuss Security Eh? ..... like the collapse of the Anglo-American banking cartel?....... like a new international trade/settlement currency?
they seem to have left out a few countries.
Funny thing, as the DOW is trading above fair value these last 2 days and if it ends green today, we might get a bull run :)
DOW 11.000 BITCHES!! HERE WE COME!!
If Dow hits 11K Trichet needs to be nominated for 'Dancing with the Stars' & his partner should be Rosie O'Donnell - Just saying...
Naw, when dow hits 12K JCT will be on "Dancing With The Stars" and his partner will be Christine O'Donnell (chaste, anti masturbation, evolution is a myth, future memeber of the senate).
Dow 12 K and it's "Dancing in the Stars" for me. But seriously...can't we agree that the only thing worse than paying the high cost of these commodities in a worthless currency is paying for them in an overvalued one? I mean blowing up Greece didn't cause the price of oil...or any other commodity for that matter...to go down. Neither will blowing up Spain. Nice to see France and Germany not consider them part of Europe anymore, either.
Banks and SOX components are showing relative strength today.
Not a good sign for the bears.
The European printing presses hum away. Helicopter Ben must be proud!
See things are looking up, they bought less than last week...
Right... right?
Cheap
Canada youthful singer Justin Timberlake · niederbieber at Cheap UGG Boots
large so common these times also issued the feelings of his UGG Boots girlfriend. 16-year-old uncle admitted that he hoped than uncover a talk she on the normal schedule collectively clinging to his girlfriend, but he has his individual standards. He said, "I like funny, self-confidence, courage to create your individual girls. "He UGG Classic Cardy also disclosed that he doesn't like girls positioned on that common Ugg boots as well as a especially large sunglasses. "I really feel Ugg shoes are ugly, but really large dim eyeglasses really are a little exaggerated, I like large sunglasses, but do not like as well large bird, specifically the round. "Although the girl's gown merely a little picky, but really he doesn't have UGG Classic Boots very much time to acquire collectively with his girlfriend, and he hoped that from the age of 17 may be UGG Bailey boots busy with their individual business. "I want a next album and tour, wish I can have its individual charitable organizations. "Niederbieber also briefed the mass media revealed that his current really obsessed with over the net lookup your individual news, a collaboration with niederbieber Eenie Meenie was the song", "named Sean Kingston man mentioned this UGG Tall Boots than Bo lookup with ease," niederbieber will do that, he enjoys movement photo local community and lookup website lookup yourself. ”
Find ugg and Australian sheepskinAuthentic Ugg boots, learn the history behind the Cheap ugg boots, and when and what to wear with Ugg boot, as well as cleaning and caring for ....we sell new style Ugg boots on sale,You can find the wholesale discount Ugg boots here.
The Wholesale Giveaway Materialin this article is just a taste of what you will find in the shopping bag. This quality Gold Guide includes useful money making information for every Umbrella china wholesale, every profession, and every level of player. Currently, when you order the golf umbrella supply, you also receive three free folding umbrella covering additional aspects of making money in WoW. To get more information, visit the Custom Logo Imprinted site.
i love zerohedge policy cheap hosting