Epstein Secrets

12-2013 eurozone GDP forecasts this morning. German IFO business confidence prints at a 2yr low = 105.3 versus estimate 105.6. Troika heads back to Athens on Monday to review reform progress (or lack thereof) and possibly pave the way for a tweaking of the bailout terms. Goldman's Jim O'Neill was on CN

10yr 1.63% NZD 0.7873 (+0.12%) Copper -0.35% Futures: Dow +49, Nasdaq +9, S&P +6 DXY $82.27 (-2c) Crude $78.73 (+53c) Gold $1570.70 (+$5.20) Moody's announced its widely anticipated downgrade of 15 global banks after the close last night. No big surprises although Credit Suisse getting cut by 3 n

xpected to be officially announced late today or tomorrow morning between New Democracy, Pasok, and the Democratic Left (troika will send a team to Athens as soon as it is). Proctor & Gamble issues a profit warning at the DB conference in Paris today (following Danone yesterday), causing further weakn

May 23) (bid-to-cover 1.9 vs 1.7 prior) Italian industrial orders decreased -1.9% m/m in April (orders -12.3% in unadjusted y/y terms) next week Moody's to publish impact on Spain banks stemming from June's sovereign downgrade LCH lifts margin costs for trading most Spanish government bonds (effectiv

research group, has dubbed the "debt supercycle"—has now come to an end. Debt reduction has become a hot political issue. Rioters on the streets of Athens have been protesting against the "junta of the markets" that is imposing austerity on the Greek economy, and tea-party activists in America, angry a

d loan obligations (CLOs), but since the credit crunch the market has dried up. And the debts accumulated in the 2006-07 boom have to be refinanced. Moody's reckons that some €250 billion of LBO debt will need to be rolled over in the next five years. Private-equity loans were just one of many assets (f