Europe’s top banking regulator has started to re-examine the strength of the region’s banks, modelling a big writedown of all peripheral eurozone sovereign debt, reported the FT.
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There are four potential combination outcomes for the Bank of England and European Central Bank meetings on Thursday. Here's how to trade them.
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The dollar is rising against the euro on concerns European leaders aren't doing enough to contain the debt crisis. So what's next for the euro? Insight with Camilla Sutton, chief currency strategest at Scotia Capital.
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Europe’s banks are seeking increasingly creative ways to finance themselves as they attempt to make up for a dearth of traditional debt funding amid market turmoil.
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They (Europe) have accelerated their attempt to a solution but at best they are even, says Robert Doll, BlackRock chief equity strategist, who also weighs in on the domino affect the debt problems in Europe.
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Willem Nabarro, head of European Equities (Asia) at Exane-BNP Paribas, urges investors to look for growth not value and emphasizes the importance of choosing businesses that have exposure to more than one market.
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The problems will fester unless they fix the union, if they have the political will to do it, or they dismantle, says Stephen Roach, Morgan Stanley Asia non-executive chairman.
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Friday's meeting of euro zone finance ministers in Poland is clearly an event risk for market bears. But already the big idea for solving Europe's debt problem is dead in the water.
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Global financial markets continue to be roiled by the complex and alarming newsflow surrounding the European debt crisis. But the trading strategy for the upcoming votes on the bailout is straightforward.
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