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A very Chinese affair

How To Get Your Ex girlfriend Back From Barclays Capital | China's sovereign-wealth fund stepped in Monday to buy shares of the country's battered banks, which have been caught in a selloff that analysts say reflects a broader loss of trust in the integrity of corporate earnings and government statistics. The skepticism of investors comes as China has become increasingly exposed to global markets, largely through stock listings of its…


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Sorry, why are US banks' credit default swaps going up?

In spite of appetite for US banks being healthy and at the top of the S&P upward trend, their CDS keep rocketing, too, at quite a pace (+7,72% on Thursday). The graph pictures the changes from May-June. We fear is a correlation effect from what’s happening to Chinese banks. Details from Barclays Capital: “China closing for lunch off 37bps, noticeably less phased by the stream of commentary overnight about problems…


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Sorry, why are US banks’ credit default swaps going up?

In spite of appetite for US banks being healthy and at the top of the S&P upward trend, their CDS keep rocketing, too, at quite a pace (+7,72% on Thursday). The graph pictures the changes from May-June. We fear is a correlation effect from what’s happening to Chinese banks. Details from Barclays Capital: “China closing for lunch off 37bps, noticeably less phased by the stream of commentary overnight about problems…


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Spanish optimism: Bankinter says don't make a drama out of the Greek default

Whether it is a much needed voice in these days of near-panicking headlines or simply right forecasting only time will tell, and this means probably October or December at the longest, but Bankinter Análisis somehow on Monday managed to wrap up its not exactly uncommon message of ‘please, mind the gap and stay away from the markets’ to investors in a much calmer accent than most notes we read at…


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Spanish optimism: Bankinter says don’t make a drama out of the Greek default

Whether it is a much needed voice in these days of near-panicking headlines or simply right forecasting only time will tell, and this means probably October or December at the longest, but Bankinter Análisis somehow on Monday managed to wrap up its not exactly uncommon message of ‘please, mind the gap and stay away from the markets’ to investors in a much calmer accent than most notes we read at…