Weekly Eurozone Watch: November 30, 2012
Posted By Global Macro Monitor On November 30, 2012 @ 5:30 pm In Think Tank | Comments Disabled
Key Data Points1
German 10-year Bund 5 bps lower;
France 10-year 6 bps tighter to the Bund;
Ireland 7 bps wider;
Italy 20 bps tighter;
Spain 25 bps tighter;
Portugal 23 bps tighter;
Greece 30bps tighter;
Large Eurozone banks up 0.5-3 percent;
Euro$ up 0.33 percent.
Comments
- France, Italy, and Greece 10-year yields at lowest weekly close of the year;
- Rumors circulate about downgrade of ESM and EFSF bailout funds;
- Bundestag approves Greek deal without the Chancellor’s Majority and only with the support of the opposition – 473 MPs in favor and 100 MPs against, 100 MPs abstained;
- October youth unemployment rate in Eurozone rises to 23.9 percent, up from 21.9 percent a year ago;
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Not all countries have the same sense of urgency as some months ago.
- José Manuel Barroso [2], President of the EC
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(click here [9] if charts are not observable)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/11/weekly-eurozone-watch-november-30-2012/
URLs in this post:
[1] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/nov30_euozone_greece/
[2] José Manuel Barroso: http://ec.europa.eu/economy_finance/bef2011/speakers/jose-manuel-barroso/index.html
[3] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_spread_week-5/
[4] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_bank_week-6/
[5] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_spread_ytd-6/
[6] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_bank_ytd-6/
[7] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_yields-5/
[8] Image: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/wez_eurofx-5/
[9] here: http://macromon.wordpress.com/2012/11/30/weekly-eurozone-watch-24/
Click here to print.