Evening Tweets....
Mish's Global Economic Trend Analysis: Ireland Proposes Debt Restructuring Conference for Spain, Greece, http://po.st/15wEmj via @po_st
Mish's Global Economic Trend Analysis: Dutch Central Bank President Cites "Financial Bubbles", Voices Stro http://po.st/dS3ShY via @po_st
"If Greece falls and is removed from the Eurozone, the Eurozone will collapse", Syriza economics spokesperson tells #newsnight
"
Greece Is Bear Stearns. Italy Is Lehman" - 7 Quick Points On Europe http://www.zerohedge.com/news/2015-01-26/greece-bear-stearns-italy-lehman-7-quick-points-europe …
Highlight.....
***
#5) Market complacency on Greece is a mistake. Not because Greece itself is a huge systemic threat, but because the same political dynamics in Greece are coming soon to Italy. Greece is Bear Stearns. Italy is Lehman.
***
Chart: Pressure on the ruble is back on -
New on MoA: Should Syriza's Choose The Soft Or The Hard Path? - http://www.moonofalabama.org/2015/01/should-syrizas-choose-the-soft-or-the-hard-path-.html …
Greece’s new prime minister wants Germany to pay for Nazi war crimes http://www.washingtonpost.com/blogs/worldviews/wp/2015/01/26/greeces-new-prime-minister-wants-germany-to-pay-for-nazi-war-crimes/ … ht @cate_long
Morning Tweets.....
Greek bond mkt sell-off accelerates. #Greece's 3yr yields jump by 166bps to 11.7% on higher #Grexit risk.
Max
‘Monstrous democratic slap to #EU’: #LePen hails #Greek anti-austerity party victory http://rt.com/news/226199-france-greece-elections-lepen/#.VMYeCvGOeXo.twitter …
Geithner about Europe on Greece: "We’re going to teach the Greeks a lesson... and we’re going to crush them” http://blogs.ft.com/brusselsblog/2014/11/11/draghis-ecb-management-the-leaked-geithner-files/ …
Geithner on Greece: “They were mad and angry and hey were like: "Definitely get out the bats.” They just wanted to take a bat to them"
Syriza Forms Coalition Government With Anti-Bailout Independent Greeks: What Happens Next http://www.zerohedge.com/news/2015-01-26/syriza-forms-coalition-government-anti-bailout-independent-greeks-what-happens-next …
SPAIN CANNOT BE THREATENED LIKE GREECE WAS: PODEMOS'S IGLESIAS
Market Wrap: Global Risk Rattled By Syriza Surge To Power http://www.zerohedge.com/news/2015-01-26/market-wrap-global-risk-rattled-syriza-surge-power …
“it’s unfathomable to make Finnish taxpayers pay for Greek stimulus policies” Finnish PM Alexander Stubb
“The Greeks have the right to vote for whom they want. We have the right to no longer finance Greek debt” Merkel deputy Hans-Peter Friedrich
Commission spox: "Ready to hold talks with new Greek government as soon as its formed & to help w/further structural reforms" #ekogles2015
Eurozone leaders warn SYRIZA over debt write-down http://openeurope.org.uk/daily-shakeup/syriza-set-coalition-independent-greeks-following-landslide-victory-greek-elections-eurozone-leaders-warn-debt-write/ …
Talks between SYRIZA leader Tsipras & Independent Greeks chief Kammenos end in agreement. Coalition gov't to be formed #Greece #ekloges2015
#Eurogroup's Dijsselbloem: Will discuss possible extension of bailout program in eurogroup today, and with #Greece.
German govt: #Greece must keep reform promises. Says Berlin will cooperate w/ next Greek govt. Germany still opposes greek debt relief. (DJ)
Tsipras has limited bargaining power as contagion seems to be contained. While 3yr Greek ylds up 116bps, Spain's unch
Complacency over #Greece: Yields of 9yr EFSF drop by 1bp despite loans to Greece are 77% of the assets of EFSF.
Investors rush into safe haven assets after Syriza victory. 10yr German Bund yields drop to fresh low of 0.34%.
#Russia Ruble weakens 2.2% vs Dollar suffering combined impact of WTI oil below $45/bbl and increased sanctions risk.
No comments:
Post a Comment