ECB only exist when eurozone exists. Eurozone collapse, ECB cease to exist. ECB is saving its own a$$ by helping out. Unless Germany really want eurozone to collapse, ECB will ultimately come in to monetarize the debt. However, that is to be used as ...

ECB could bail out Italy in a jiffy

Lol. Market panic and sell off when this report came out. I thought it is a bullish report on US banks that they have "manageable direct exposure". I guess its herd instinct at work here. When people sell, everyone sell. From CNBC article: "... ...

Banks in U.S. Facing ‘Serious Risk’ on Contagion From Europe, Fitch Says

They don't. All they need to do is to commit to print massive amount of new EUR and register that amount in their accounting holding. Money need not necessary be in material form. Today, all massive money transaction are via electronic means. ...

ECB could bail out Italy in a jiffy

Amazing inflation number considering the weaknesses in UK and Euro. US really screwed them thoroughly through their aggressive QE and devaluation of USD. It inflates everything around the world. The comparatively low inflation in US is paid for by ...

Euro area annual inflation stable at 3.0%

Perhaps some big money follow GS. And you have a huge pile of money sitting duck at 1.35 waiting to be stop-hunted. And it was stop-hunted down on the dot indeed.

Goldman Under 100 pips From Being Stopped Out On EURUSD In 24 Hours

Sue the rating agencies for 100 billion euro to fund the next tranches of bailout. It's a good business model

EU Proposes Rating Agencies Can Be Sued

These reports are for those who don't trade forex. For example, I don't trade Italian sovereign bond. But a report citing a 10-year bond yield spike to historical high give me an alert on the market risk sentiment. It may appear obvious to the bond ...

Dollar hits 1-month high vs Swiss franc

ECB not buying Spanish bond?

Spain yields highest in 14 yrs at auction

Everybody love it when BOJ 'promises' to give out free money. And you don't blame the speculator to keep buying yen to force BOJ to give out free money. Intervention is NOT a deterence. It is an incentive instead. Policy maker just don't understand ...

Japanese PM says will intervene if excessive moves in JPY

I hate to say this, but the following is reality check for you, dude. Don't think too highly of the human kind. They may jolly well be worse than animal. Where is humanity in this supposedly advanced society/world of ours? Dog rescues dog: url ...

'60 Minutes' Blows The Lid Off Congressional Insider Trading

Saxo Bank trading platform, especially their price chart, has a lot of features. Compared to other platform's price charting, Saxo's platform is more powerful. However, however, in their quest to build a more powerful charting platform, they fail in ...

Saxo Bank receives Best Active Trading Tools award at Shares awards

I don't see how derivatives are financial weapons of mass destruction. Warren Buffet has not been precise in his message. In the process, he has unfairly painted a bad image of an instrument that is not his trade. I habour a suspicion that he is ...

The 18 Most Brilliant Insights From The Legendary Warren Buffett

Don't they need to get all the 17 nations in EU to rectify any change to the treaties? I don't think Germany alone can call the shot, or can they?

Germany Ruling Party Votes To Allow Eurozone Exits

Actually, I am of the view that the Republican play an important and almost crucial role in providing check and balance against the democrats. If not for the Republican, US debt would have balloned more than 50% more now and we would be in the midst ...

US lawmakers press for debt deal as deadline nears

There is still plenty of time. Real compromise and deal will only be struck at the last minute. So, effectively, they only need one minute to get the work done. The rest are just slack time.

US lawmakers press for debt deal as deadline nears

I am sure ECB will be equally forecoming to buy up Spanish bond as they did to help the Italian. This should be risk positive, isn't it? Or is our ECB Italian chairperson having second doubts since it is not Italian bond?

Spanish 10-year yield hits 6% for the first time since August 5, 2011

They are kind enough to spare you from statement like "according to credible sources".

EU spurns China conditions for providing crisis funds - sources

Italian helping the Italian. Human nature.

ECB Buying bonds again

Italian is at the chair of ECB now. The German can't do no $hit.

German Vice-Chancellor sees no ECB "unlimited firepower"

Its a trap setup and these fund managers just simply walk into one. They can only blame themselves as they jolly well know the specific risks of going into the market currently. They simply just don't want to miss the run up in the market indices. ...

Hedge Funds Getting Queasy On Wild Market Ride