Blog Archives

Global Moves: US Markets closed, Barclays in the Dock

Apart from ex CEO Bob diamond’s testimony as Diamond and COO Jimmie del Missier left the bank yesterday in face of the Liborgate scandal.  The BoE has also suggested that the rumored government hand Paul Tucker was engaged in supporting the rate

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Posted in Amitonomics, Banking, Emerging Markets, Europe, Financial Services, Global, Investments, iShares, US

Global Mid-Day Report: Street catches Buzz, Crude and Gold hit the plate

Hardly a home run but a 6% jump set a few shorts on fire too in Crude as the easing of EU’s stalemate on ne funding still means a lot of uncertainty on the way easing will reach markets and

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Posted in Amitonomics, Europe, Financial Markets, Global, Healthcare, housing, Obamanomics, Retail Lifestyle, US

Monte De Paschi state aid not Basel III, Lloyd close to selling 600 branches | Banking insight

Monte De Paschi de Siena is getting new state aid from Mario Monti’s government of upto EUR 3.5 B to make a pitstop as it was marked by EBA in the recent stress tests for a EUR 3.27 B shortfall.

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Posted in Amitonomics, Banking, Europe, US

Global Moves: Brazilian lending crosses 50% of GDP, Korean manufacturing up

Samsung and Kia/Hyundai are going strong as US Imports have held up and thence production Korea sustained at 83 levels. Meanwhile in Brazil Bank credit always in short supply because of fears of hyper inflation has in fact reached record

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Posted in Amitonomics, Bailout Nation, Brazil, Emerging Markets, Europe, European Sovereign Debt crisis, Financial Markets, Global, US

Global Moves: Spanish Downgrades, ESM and No Banking Union

With Merkel shooting down the concept of a Banking union with Joint Deposit insurance and Eurobonds not even making most headlines, the Euro is set for an extended fall as the ECB and the Germans are no where near the

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global, US

Global Moves: Spanish banks advised EUR 62 B for 9% Core Capital

The two independent Spanish stress tests conducted by Oliver Wyman and Roland Berger came out with cheerful nes for those tracking the EUR100B “credit line” for Spanish banks with fiscal conditions as per German diktat and the Eurozone fiscal compact.

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Financial Services, Global

Global moves: Spanish Bonos ‘outscore’ French BTANs and the Euro is at 1.26 again (Fixed Income Report)

French BTAN auctions for 2, 3 , 4 and 5 year s (bonds) were auctioned at a pride of the Euro price of 1.05% for the 4 year and the 0.83% for the three year auction and even the sponsors

Posted in Amitonomics, Bailout Nation, Europe, Global, US

Global moves: The Eurozone saga carries on with German non performance from Euro freeze

Related Reading: The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Likeable Social Media: How to Delight Your Customers, Create an Irresistible Brand, and Be Generally Amazing on Facebook (And Other Social Networks)

Posted in Amitonomics, Europe, Global

Global moves: Euro zone sputters ahead of big data tomorrow

IMF weights for BRICs are rising this year to the Top 10 contributors as Eurozone trade surpluses and economic capacities tread declines with the finality of a two decade long restructuring. Trade surplus for the Eurozone was down 60% from

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Posted in Amitonomics, Bailout Nation, Europe, Global, US

Staying simple, being HSBC | Banking Insight

HSBC’s investor Day presentation is not out of tune with its marketing campaigns as its Yuan FX desk takes off in London in the Year of the Yuan Dragon.  The online video campaigns are well worth a look see whenever

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Posted in Banking, Europe, Financial Markets, Global