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Posts Tagged ‘Italian’

2011/11/14: Quick Post: Weekly Reports & Events Calendar Now Available

November 14, 2011 Leave a comment

© 2011 ROHR International, Inc. All International rights reserved.

The full calendar is available through the link in the right hand column. This is such a robust week once again, it is impossible to include anything but a fraction of the major influences in an overview. Yet, a few key aspects stand out among the other important reports and events.

In addition to the continued sharp influences from the attempts to address the European Sovereign Debt Crisis, there is also going to be quite an impact from important scheduled reports, communication from central banks and bankers, and government debt auctions.

The latter are very prominent this Thursday, as we see offerings from Europe as well as a US 10-year TIPS auction. Along with Tuesday it is the most intense event horizon this week. However, even though today is nominally a bit lighter than those heavy midweek influences, the nature of four key aspects today make it fairly critical. Consistent with continued concerns about the European situation, there is an Italian BTP auction that should be very interesting…

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2011/08/30: How We Got Here-III: The ‘Mad Monger’ Highlighted the Competing Agendas in Europe

August 30, 2011 3 comments

While it is natural for outsiders to write off the problems in Europe as an intractable mess, that is only compounded by Europeans penchant for snatching defeat from the jaws of victory. The first bit of perspective we are going to share on that theme goes back a little while, yet is still one of the best indications of the attitude on the part of the European fiscal ‘haves’ and ‘have-nots’.

Also as this is being presented in the wake of part IV, yes, it is a reverse chronology. We don’t like that in the Arts, but it is instructive to move back from the last FOMC meeting statement to the core problems. Back on August 10th we welcomed everyone to Survivor Island, as whatever happens from here is likely to be a struggle.

And that was directly in the wake of tumultuous market activity that culminated with the wild swings after the August 9 FOMC announcement. Now that the minutes from that predictably deadlocked meeting are out of the way, facts-on-the-ground  are likely to rotate back around to the more contentious situation in Europe.

In addition to all of the other factors that dictate Europe is a more critical near-term economic and equity market influence, there is next week’s ECB meeting to consider. And as it was the events surrounding its last meeting (August 4th, remember that?) which confirmed the major 1,265-50 area S&P 500 DOWN Break, let’s allow that what transpires in Europe into next Thursday is going to be a lot more critical than most of the economic data or US influence… even Friday’s Employment report.

And the same sort of contentious mentality that burdens the US legislature is even more apparent in Europe’s North-South divide. So let’s consider for a moment the clear expression of dissention that made Europe such an economic and equity market stressor back then.

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