Thursday 6 May 2010

Smile my dear, - 'Me, Tarzan... you, Jane.'


Smile my dear, - 'Me, Tarzan... you, Jane.' … Capital markets facing the biggest crisis in 100 years. News agency Finmarket. May 6. FINMARKET.RU - capital markets are likely to threaten the very large-scale upheaval in the last hundred years, as governments around the world, particularly the euro zone and is unable to resolve the problem of public debt and budget deficit, reports Bloomberg referring to the forecast of Evolution Securities Ltd. Decision European Union and the International Monetary Fund (IMF) on the allocation of 110 billion euros in Greece is not restored investor confidence in the stability of markets, by contrast, capital outflows from the government bond market in Europe with high levels of public debt has continued, credit-default swaps on bonds of Greece, Spain, Portugal and Italy again became more expensive, but the euro has fallen off to a minimum since April 2009. The EU will have to take additional measures to prevent further collapse in the markets, and the only thing that now can be done - to apply to the European Central Bank (ECB), requesting the injection of funds in state bonds problem countries, including Greece, says Head of strategy in the credit markets in Evolution Gary Jenkins. Most likely, Bank of the eurozone will buy debt securities on the secondary market, but in the case of Greece can be agreed that the ECB will finance the impending repayment of debt of Greece, said an analyst at ING Groep NV Padrayk Garvey. purchase state bonds will be for the ECB "is equivalent to Nuclear Weapons: she will leave a stain on the political reputation of the ECB and worsen the ratio of its assets and liabilities, believes P. Garvey. However, adds the analyst, it seems that now is the last chance of Europe: "Only the ECB can print enough euros to save the entire system." Alternatively, European governments can also make investors in the domestic market to buy state bonds, or simply wait until the situation itself does not improve, ironically analysts.

Greece Crisis - Wall Street collapses. 06.05.2010, 23:49. The U.S. stock markets because of the crisis in Greece, the largest percentage drop since April 2009. The Dow Jones index of the default was a decline of 3.2 percent at 10 520 points from the market. The broader S & P 500 index lost 3.24 percent to 1128 points. The Wall Street Thursday because of the crisis collapsed on Greece. The U.S. stock markets experienced the largest percentage drop since April 2009. Investors were disappointed that the European Central Bank (ECB) took no additional measures to the debt crisis on other countries to avoid a widening of. "There is a malaise that seems to get worse day by day, for fear of infection increases before," said Craig Peckham strategist at Jefferies & Company. The ECB said not willing to buy bonds Hellas. Strengthened. Was the downward trend of disappointing retail numbers, the Dow Jones index of the default was a decline of 3.2 percent at 10 520 points from the market. He broke down in trading history as a nine per cent more and commuted to 9869-10879 points. The broader S & P 500 index lost 3.24 percent at 1128 meters. The index of the Nasdaq fell 3.44 percent to 2319 points. Frankfurt went into the Dax with a decline of 0.8 percentage points in 5908 from the market. Besides the Dow broke the other major indexes at times up to nine percent to one. Whether a system error possible cause of this was that as the television channel CNBC reported, was initially unclear. The New York Stock Exchange rejected this. The Nasdaq said it worked with other market operators, in order to take a close look at the price decline. The focus of trade was once again the debt crisis in Greece. "This is panic selling," said Keith Springer of Capital Financial Advisory Services. Data from the U.S. retail also dampened the hopes of a quick economic recovery. "Although many people go into the stores, they seem to give out anything," said Tim Ghriskey, an analyst at Solaris Asset Management. Eleven of 17 retailers were their sales below expectations by including leading retailers such as discountersCostco Wholesale and the fashion chain Gap . Shares ofCostco gave just under four percent, and the gap of over seven percent. News from Germany weighed on solar values. After the Bundestag, the controversial reduction of the solar promotion had decided on Thursday, announced after stock market. Papers of Trina Solar fell 14 percent, Yingli Green Energy Holding eleven percent, andSuntech Power Holdings ten percent. Germany is the largest market for solar energy, and although the cuts have been expected for some time since, had hoped for some analysts, they would be postponed. The shares of Freddie Mac fell to 6.3 percent of the quarterly figures. The nationalized mortgage finance is proving itself to the U.S. government as a bottomless pit. The company on Wednesday asked for a new billion loss by a further cash injection of 10.6 billion dollars and warned that the housing market slump in the future because of the need for additional help. Under Pressure were also shares of broadband providers. The U.S. regulatory authority could give me assurance that the market for Internet service providers still only want to regulate their little inappropriate. Shares of Comcast fell over six per cent, of Time Warner Cable to eight percent of the Cablevision Systems seven percent. springs were also the papers of major U.S. airlines. The shares of United parent UAL fell-nine percent of the fusion partners , Continental 7.6 percent. The market is worried that Greek debt crisis and extend the affected industries could drag others said S & P analyst Jim Corridore. On the New York Stock Exchange about 2.57 billion shares changed hands. 173 values, laid in 2998 gave way and 26 remained unchanged. On the Nasdaq closed on sales of 4.42 billion shares in the 330 Plus, 2418 in the red and 53 unchanged.

Risco de bancarrota em máximo histórico. Depois de uma dia de pânico global nas bolsas, o risco de default português voltou a subir. Fechou hoje acima de 32%, um novo recorde histórico. Mais de quatro vezes o risco no final de 2009. Jorge Nascimento Rodrigues (www.expresso.pt). 16:41 Quinta-feira, 6 de Maio de 2010. O risco de default (incumprimento de dívida) para Portugal fechou em mais de 32%. É um novo recorde. O custo dos seguros sobre a dívida soberana portuguesa (hoje famosos pelo acrónimo cds) está próximo dos 460 pontos base, praticamente 400 pontos acima do custo dos cds para a Alemanha (o que significa um diferencial de 4% em relação às condições de crédito para Berlim). O país conserva o 6º lugar no clube dos 10 com maior dívida, estando, ainda, abaixo mais de três pontos percentuais do risco da Ucrânia, o "colega" no lugar acima.
A Grécia atingiu os 935 pontos base no custo dos cds sobre a sua dívida soberana. Conserva a liderança do Top 10 com mais de 52% de risco de default.

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