Weekly Eurozone Watch
Posted By Global Macro Monitor On November 2, 2012 @ 5:00 pm In Think Tank | Comments Disabled
German 10-year Bund 9 bps lower;
France 10-year 6 bps wider to the Bund;
Italy 13 bps wider;
Spain 16 bps wider;
Portugal 46 bps wider;
Ireland 6 bps wider;
Greece 99 bps wider;
Large Eurozone banks up 0-5 percent;
Euro$ down 0.66 percent.
Growing fears Greece unlikely to pass €13.5bn reform package needed to unleash EU aid;
Eurozone unemployment rate  hits record high at 11.6% with 18.5m people out of work; Italy sold 10 year bonds at a yield of4.92%, the lowest since May 2011.
For Germany, economics is a branch of moral philosophy. Growth is the prize for ethical behaviour. On the part of the individual – by saving – and on the part of the group – through budgetary equilibrium.
- Mario Monti , Italian Prime Minister
      
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Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/11/weekly-eurozone-watch-5/
URLs in this post:
 Eurozone unemployment rate: http://www.guardian.co.uk/news/datablog/2012/oct/31/europe-unemployment-rate-by-country-eurozone
 Mario Monti: http://htl.li/eXRRd
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/nov2_wez_unemployment/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_spread_week/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_bank_week/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_spread_ytd/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_bank_ytd/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_yields/
 Image: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/wez_eurofx/
 here: http://macromon.wordpress.com/2012/11/02/weekly-eurozone-watch-20/
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