3 July, 2015 by The TZ Newswire Staff Comments Off on Contagion Continues: Italy, Spain Stocks Tumble To Post-Greferendum Lows
Contagion Continues: Italy, Spain Stocks Tumble To Post-Greferendum Lows
Having bounced midweek on ‘hope’ of a deal and ‘faith’ in Draghi’s containment, European stock markets are tumbling back to the post-Greferendum lows of Tuesday. Italy and Spain are now down 5.5 to 6% and as the European close nears – and the realization thanks to The IMF that the vote is a simple Yes/No to debt haircuts – stocks are being sold and volatility is picking up. Bond spreads are leaking higher but it is clear that what Draghi really ‘contained’ was EURUSD which remains only marginally lower on the week.
3 July, 2015 by The TZ Newswire Staff Comments Off on Europe-US Risk Diverges Most In 13 Years – How Best To Trade The Referendum
Europe-US Risk Diverges Most In 13 Years – How Best To Trade The Referendum
European risk has never traded at such an extreme level relative to US risk… ever. But when looking for the best bang for your Greferendum-trading buck – are you better off buying higher vol in Europe or lower US vol? Or, as Goldman Sachs explains below, what are the highest payouts on bets for a rebound…
Europe is pricing significant event risk while the VIX @16 is only 1 pt above its 2015 avg – Europe’s “VIX” trades at more than double that of US “VIX” – this has never happened before…
3 July, 2015 by The TZ Newswire Staff Comments Off on 3 Tech Stocks Wall Street Is Too Bullish On
3 Tech Stocks Wall Street Is Too Bullish On
Sometimes, shareholders get too enthusiastic about the tech stocks they own.
3 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Greek debt crisis: Poll shows referendum vote is neck-and-neck
The Wall Street Journal: Greek debt crisis: Poll shows referendum vote is neck-and-neck
The gap between the two camps is within the margin of error, suggesting Sunday’s outcome hangs in the balance.
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3 July, 2015 by The TZ Newswire Staff Comments Off on The Troika Turns Europe Into A Warzone
The Troika Turns Europe Into A Warzone
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
So now they do it. Now the IMF comes out with a report that says Greece needs hefty debt restructuring.
Mind you, their numbers are still way off the mark, in the end it’s going to be easily double what they claim. Not even a Yanis Varoufakis haircut will do the trick.
3 July, 2015 by The TZ Newswire Staff Comments Off on Southwest Airlines Had Its Wings Clipped in June — Here’s Why
Southwest Airlines Had Its Wings Clipped in June — Here’s Why
Shares of Southwest were cruising at a lower altitude by the end of June after updating its expansion plans for the remainder of the year. Is this dip a buying opportunity or a reason to keep your distance?
3 July, 2015 by The TZ Newswire Staff Comments Off on Samsung Continues to Lessen Android Dependence
Samsung Continues to Lessen Android Dependence
Samsung is carefully testing and increasing its use of its own operating system, Tizen.