Currency Intervention’s Uninterrupted Craze
By pwsadmin |
As currency reversals bled into local bond auctions, with failures in Russia, Korea, Colombia and elsewhere interventionist tendencies were reasserted ...
Cote d’Ivoire’s Restive Reconciliation Pose
By pwsadmin |
Cote d’Ivoire bonds looked to resume momentum after 2012’s tear as local elections were held under heavy security after launch ...
Central Europe’s Pilfered Pension Pillars
By pwsadmin |
As EU officials underscored the continued hold of 30 banking groups on over half of regional assets and the BIS ...
The World Bank’s Diminished Prospect Diatribe
By pwsadmin |
The World Bank shaved its developing region growth forecast to 5 percent in the mid-year global economic prospects publication with ...
Tunisia’s Importuning Immolation Pact
By pwsadmin |
Tunisian stocks were ambivalent as a 2-year $1.75 billion IMF standby was reached by the Islamic party-led government just prior ...
The Middle East’s Mechanical Morose Murmurs
By pwsadmin |
Mideast stock exchanges were depressed even before general market selloffs as MSCI’s decision to finally graduate the UAE and Qatar ...
The Baltics’ Querulous Euro Queue
By pwsadmin |
Baltic stock markets were buoyed by EU approval for Latvia to follow Estonia into the euro as Brussels hailed the ...
Egypt’s Morsi Plea Rejections
By pwsadmin |
Egyptian shares and the pound were down double-digits as parliamentary election scheduling was further complicated by a Supreme Court finding ...
Brazil’s Tax Dodge Drift
By pwsadmin |
Brazilian shares and the real were stuck in their slump despite the surprise removal of the 6 percent tax on ...
The Andes’ Dizzying Descent Demons
By pwsadmin |
Peru was the worst Latin American core universe performer through May with a 20 percent decline with Colombia almost at ...