FOREXLEARNING

S&P met with bond investors before U.S. debt downgrade: report »

Wed Sep 7, 2011 12:22am EDT

(Reuters) – Ratings agency Standard & Poor’s officials privately met with large bond investors weeks before the firm’s U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.

In the run-up to the debt downgrade, S&P officials [...]

Court curbs German ability to act fast on debt crisis »

By Noah Barkin
BERLIN | Wed Sep 7, 2011 7:52am EDT

BERLIN (Reuters) – Germany’s top court handed its country’s parliament a greater say over euro zone bailouts, potentially hampering Berlin’s ability to act decisively against a two-year debt crisis.

The Constitutional Court rejected on Wednesday a series of [...]

Euro debt crisis watch »

The EU, IMF and ECB relief measures has helped calm fears, but worries remain abundant. The crisis seems to have been “downgraded” from a full-blown global crisis to a more local European crisis. Pressure on the financial system in Euroland remains. Banks in Southern Europe are still having a hard time and the FRA/OIS spreads [...]

Euro debt crisis watch »

Southern European debt markets have entered panic mode. The purpose of this monitor is to watch developments in local and global financial markets to keep track of the contagion from the crisis. So far, local contagion to the other PIIGS (Portugal, Ireland, Italy, Greece, Spain) is evident, global contagion is limited.
There are evident signs that [...]

Euro defies weakness in Greek debt »

The sun shone brightly over the Pacific this morning leaving investors in no doubt that the region is set to ride the building crest of a wave in the coming quarters. A fresh wave of enthusiasm for the Asian growth rebound helped tip the scales against the low-yielding yen and in favor of other high-yielding [...]

It’s Not the Debt, It’s the Spending »

Last Friday afternoon I listened to a senator get all worked up about the avalanche of federal debt that is about to roll over America. He is correct that there is an avalanche of debt on the way. But his concerns are misplaced. More precisely, his concerns were misplaced. To reiterate a popular rant of [...]

Japan plans targets to reduce debt level: media »

TOKYO (Reuters) – The Japanese government will set incremental goals to reduce its heavy reliance on debt in its upcoming fiscal strategy, the Nikkei business daily said, but analysts doubted it would be enough to allay concerns about its massive borrowing.

Japan

Credit ratings agencies have threatened to downgrade Japan’s sovereign rating as the ambitious spending plans [...]

UAE stocks seen surging if Dubai government backs debt plan (Reuters) »

, with markets poised to rally if the deal includes guarantees, analysts said.
's index has been resurgent, gaining 12.8 percent in 12 trading days, as investors bet a restructuring deal would be more favorable to creditors than once thought, but it is down 15.2 percent since November 25, the day
said it would seek [...]

UAE stocks seen surging if Dubai government backs debt plan »

(Reuters) – Dubai’s debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said.
Dubai’s index has been resurgent, gaining 12.8 percent in 12 trading days, as investors bet a restructuring deal would be [...]

Stocks slip amid China, sovereign debt jitters (Reuters) »

SYDNEY (Reuters) –
Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets.
Markets were also cautious before U.S. and
later this week. Both are expected to keep
super loose, with a chance of [...]