Eurozone Image


Key Data Points
German 10-year Bund 8 bps lower;
France 3 bps wider to the Bund;
Belgium 5 bps wider;
Ireland 15 bps wider;
Italy unchanged;
Spain 2 bps wider;
Portugal 14 bp wider;
Greece 114 bps wider;

Large Eurozone banks weekly change,  -0.67 to -8.64 percent;
Euro$ down,  -0.67 percent.


  • Cyprus continues to work on a set of measures acceptable to the EU that will allow the opening of its banks on Tuesday.  Capital controls are widely anticipated.   Uncertainty remains high – Guardian
  • President Giorgio Napolitano asked center-left leader Pier Luigi Bersani on Friday to assess whether he can win enough support in Italy’s divided parliament to form a government and end the political deadlock left by elections last month.Reuters
  • The flash PMI data suggest that the Eurozone  business environment deteriorated at a quickening rate in March…France saw the steepest downturn in business activity since March 2009…Germany showed worrying signs of growth fading in March. -Markit


Mar22_EZ PMI*************************************************************************************

There will be painful aspects but the country must be saved.
- Nicos Anastasiades, President of Cyprus




(click here if charts are not observable)



Category: Markets, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Weekly Eurozone Watch – Euro(con)fusion”

  1. Robert M says:

    Great set of data pts. Thank you.