Archive for ecb ltro
Table – EZ Economy and Perf Since Last ECB Mtg
The European Central Bank is gearing up for a monetary policy announcement tomorrow. Based on the following table, which shows broad based weakness in the EZ economy since the May meeting, they need to ease. Whether it happens now or in July is still an open question, but the central bank can’t sit [...]
Talking with CNBC Asia about ECB and EUR
I was on CNBC Asia last week talking about how proactive the ECB will be in light of Europe’s sovereign debt troubles. Sorry for the late post!
Market Correction Interview with CNBC
I was on CNBC Asia this morning talking about the potential for a deep market correction over the next few months and the degree of Renminbi undervaluation.
Renminbi Undervaluation
Bloomberg Interview: Comments on Yuan and EUR
I was on Bloomberg yesterday talking about my outlook for the Yuan and EUR. Here’s the video and a list of the Q they sent me in advance plus my quick notes/responses! Some good ones on Yuan convertibility
1. Outlook for the yuan and the impact of slower growth in China on the [...]
Chart: EUR on its way to match Dec LTRO Move?
Since this week’s LTRO operation, the EUR/USD has fallen 3 straight trading days by as much 280 pips. Based on this price action, it looks like the pair is on its way to “mirroring” the post December LTRO move. It wouldn’t take much for this to occur – all the EUR/USD needs to do [...]
Chart: ECB LTRO Reaction in EUR and Stocks
Next week, the ECB will conducting their second long term refinancing operation. The impact of their first LTRO was significant – in fact, it sparked the stock market rally. If the uptake next week is anywhere close to EUR1 trillion, we could see a similar reaction. The following chart shows how the [...]
Chart: ECB LTRO Reaction in EUR and Stocks
Next week, the ECB will conducting their second long term refinancing operation. The impact of their first LTRO was significant – in fact, it sparked the stock market rally. If the uptake next week is anywhere close to EUR1 trillion, we could see a similar reaction. The following chart shows how the [...]
