Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Daily Interest Rate Monitor – Global Macro Monitor
Recap – Global
Macro Trading
The Closer – alphaville / FT
EUROPE
New EC spring forecasts: high uncertainty
dominates outlook for Cyprus – Bruegel
Last Friday the
European Commission released the spring update on their economic forecasts for EU
member states and some other advanced economies
How to kill the European repo market in 10
easy steps – alphaville
/ FT
Warnings over how the
Financial Transaction Tax (FTT) is likely to hurt the repo markets are growing
by the day.
German Factory Orders Rose in March in Sign of
Recovery – BB
EU TREATY
German Finance
Minister Wolfgang Schaeuble said on Tuesday Europe would get its banking union on its way quickly
on the basis of current European Union treaties instead of waiting for treaty
changes.
'Political science fiction' to become reality,
Barroso says – euobserver
The European
Commission will set out its views on EU treaty change by early next year noting
that ideas that now seem like "political science fiction" will
eventually become reality.
ECB
ECB’s Parking Fees Show Its Weakness – View
/ BB
Even if the ECB could
encourage banks to lend, though, that doesn’t mean businesses will borrow. The
primary issue in the euro area isn’t the cost of funding. The main problem is
that few businesses want to borrow at any cost.
ECB's Asmussen warns about risks of low
interest rates – Reuters
Asmussen on Tuesday
raised concern about keeping interest rates in the euro zone at low levels for
too long, calling upon governments to stick to their reforms.
PIIGS
Successfully re-enters
the capital markets
UNITED STATES
Consistency of the Underlying Trends – Tim
Duy’s Fed Watch
JOLTS Jolts Jobs Report Cheerleaders, Implies
Worst Job Growth Since Sep 2010
– ZH
361 Capital Weekly Research Briefing – The
Reformed Broker
ASIA
OTHER
Markets may ease the expected "collateral
scarcity" problem – Sober
Look
The Risk of Fire Sales in the Tri-Party Repo
Market – N.Y. FED
Key short-term funding
market remains vulnerable to destabilizing runs that can threaten the broader
health of the financial system.
FINNISH
Euroopassa on ihmetelty taas viime aikoina
äärioikeiston äänen kuulumista, on sitten kyse terrorismista ja muusta
rikollisuudesta tai sallitusta retoriikasta. Sen kummemmin ottamatta tähän
kantaa, huomaamme, että jälleen kerran löytyy seasta näennäisintelligentsiaa,
joka on oitis kieltämässä vääriä mielipiteitä, ei ainoastaan vastustamassa
niitä.