Euro

Deposits Are Not Safe Assets

Published by Filipe R. Costa on Tue, 26/03/2013 - 10:30
bank robbery

Daily Market Commentary for March 26: If you hold money at banks you have reasons to be concerned as the European Union just found a new bailout funding source: bank deposits. Deposits held at Laiki Bank in Cyprus will be levied in at least 40%.

Cyprus To Leave Euro?

Published by Filipe R. Costa on Fri, 22/03/2013 - 12:31
cyprus russia

Daily Market Commentary for March 22: What a madness it has been regarding that small warm island? It seems that no one cares about them and the country is in between the EU and Russia, with no one interested with its future.

Euro Unstoppable

Published by Filipe R. Costa on Thu, 17/01/2013 - 11:28
strong Euro

Daily Market Commentary for January 17: The Euro continues unstoppable on optimism about the Eurozone while the latest indicators point to a weaker Germany. Can this trend last?

Euro Advances the Most Since October 2011

Published by Filipe R. Costa on Fri, 11/01/2013 - 10:53
Mario Draghi

Daily Market Commentary for January 11: Mario Draghi’s attempt to shift focus from the financial crisis to the real economy sent the Euro higher 1.62%, a rise not seen since October 2011 as measured by our CTS Euro index. Analysts are changing their views on future monetary policy and dropping their bets on a Euro breakup.