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Roubini: A haircut of 60% is not a credit event 26 Oct 2011 | 12:13 am
A haircut 60% on Greek bonds is not a credit event for CDS even if rating agencies downgrade for a short period of Greece to “Selective Default” (selective default), notes on behalf of the isotope soc...
BOE to banks: Boost your balance sheets 28 Sep 2011 | 10:01 pm
The UK banks will have to take every available opportunity to strengthen their balance sheets, as the concerns about the debt crisis in the eurozone continues to plague financial markets and cause vol...
Barclays Capital: Euro will decline further 22 Sep 2011 | 02:29 am
Barclays Capital downgraded its forecasts for the euro against the U.S. dollar noting that the common currency will fall to 1.33 dollars next month. In previous forecasts, the Barclays Capital spoke a...
Pressures on euro – declined to $1.44 at forex market 30 Aug 2011 | 11:36 pm
Significant pressures applied on the euro in European trading on Tuesday, as the news of the Eurozone is negative – the auction of bonds in Italy or on the difficulties facing the German chancellor in...
Gold at $1870 – Oil below $80 19 Aug 2011 | 10:50 pm
The price of gold climbed to new highs as uncertainty in markets worldwide for the evolution of sovereign debt crisis and the possibility of a renewed recession ‘shields’ in the status of the investme...
Capital One: Acquired the activities of HSBC in USA 10 Aug 2011 | 08:38 pm
The Capital One Financial Corp., The institution which acquired the ING Direct USA in June, agreed to acquire the business of credit cards of HSBC Holdings in the U.S., compared with 2.6 billion dolla...
Euro remained above 1.44 1 Jul 2011 | 10:21 pm
The euro moved stabilizing today on the forex market after the rally this week and heads into the first week of gains against the U.S. dollar as ECB President, Trichet reiterated yesterday that offici...
CEBR: Eurozone will Split 20 Jun 2011 | 10:12 pm
The eurozone is on track of splitting, something tha is expected to occur over the next five years, according to forecasts of the UK Centre for Economic and Business Research (CEBR). As stated in fore...
UBS: The price of Gold will reach a $1.600 in three months 11 Jun 2011 | 12:00 am
USB analysts believe that the price of gold in three months horizon will reach the $1,600. As foreign news agencies broadcast, UBS raised its estimations to 1,600 dollars an ounce from 1,400 dollars b...
Germany: Unexpected drop in industrial production in April 8 Jun 2011 | 10:24 pm
An unexpected drop in industrial production made in Germany in April. Specifically, the output of the country fell 0.6% on a monthly basis and compared with the corresponding months of 2010 increased ...
