Friday, January 30, 2015

Russia shocks with interest rate cut , ruble slides past 71 ( January 30 , 2015 ) ...... Greece Leaders start process of meeting compadres in europe , negotiations on the Greece situation just beginning ...... Europe in deflation ...... Germans against Greece debt write-down ........ Italy fails in second attempt to elect President ..... Additional items of note !

Tweets......



If Greek govt holds firm with 'dirty exit' from the bailout agreements, I very much doubt the ECB will approve ELA beyond Feb 20. Game on.






Greek Finance Ministry cleaners show dichotomy of Tsipras as markets tumble.




TREASURIES EXTEND GAINS; 10Y YIELD TOUCHES 1.707%







Athens market immediately turns red following German FinMin spox statement. Now -1.34%



German govt spox says no extension without completion of Troika review. MNI reports that won't seek bailout extension.





Greece turns away from EU bailout cash before visit by Eurogroup President Dijsselbloem to Athens.






Why quantitative easing and negative interest rates will fail







The rouble, the rouble, the rouble is in trouble...














Ruble tumbles as startles markets with interest rate cut.





Greek bonds recover, short-end rallies. 's 3yr yield drops by 138bps to 15.9%.






Morgan Stanley sees in a downward spiral. Expects cap outflows to be in $150-160bn range this yr, fresh high. 














Russian QE coming: Russia Pledges 2008-Style Bond Buying If More Junk Grades Follow.






Eurogroup chief Dijsselbloem in Athens for talks with PM Tsipras, FinMin Varoufakis.









Eurostat: Flash estimate - January 2015, Euro area annual inflation down to -0.6%





New Finance Minister of visits , & . Hm! Solution to Greek problem not there.







New poll: Only 16% of Germans in favour of Greek debt write-down










ITALIAN ELECTORS FAIL TO ELECT PRESIDENT IN 2ND ROUND: TALLY






BOJ Taps Fed’s FX Swap Line for Second Straight Week: BBG







RUSSIAN CENTRAL BANK CUTS THE RATE TO 15% USDRUB 70.31 EURRUB 79.62 - WHY NOW!!!???