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Portugal placed on negative credit watch as Euro-drivers take a breather and large wave of dataflow takes the wheel
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Nice piece Naufal, missed your data Monday and Tues. Busy holiday shopping??? Interesting you like coal. Rocky times heh?? If I remember correctly the big thing with BAC (and others) is proper transference of the notes, which it seems by what I am reading from the court cases they did not do. I think this is the "real snag" that will get them. Wish you a happy trading day.
Cheeky Bastard emerges from the shadows.
they wanna pick off the euro periphery one by one.
provides dollar strength for the Bernank AND lets the EU plutocrats take control of more of the Risk board. I mean it's a goddamned affront to those guys that shitholes like fuckin PORTUGAL still have any sovereignty at all! The Germans want those goddamned hamsters BACK ON THE WHEEL
the portugese... they do make fine Porto :)
Actually, now it's the US it's turn to roll the dice.
That quote from bernanke about unemployment is a small hint to QE 2.1 and that will start to cast another shadow on the dollar tipping the balans again to the euro side.
Thank you for the h/t man. I will try to expand my thesis on Austria by writing an article. I just don't know when [I'm in the middle of trading this goddamn market]. OT: Also, pay attention to Denmark. I've read some reports, pulled some data, rang some phones; there are some mix views on Denmark and its banks. Nothing defined *yet*, but some people are starting to pay more attention to it.