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June 9 (Bloomberg) -- Global investors have little confidence in Europe’s efforts to contain its debt crisis or in European Central Bank President Jean-Claude Trichet, with 73 percent calling a default by Greece likely. If so many "market participants" are calling a Greek default, they...

So far, I have not heard of any Greek bank going bankrupt. I haven´t heard of any large European bank write downs on peripheral bonds. So what´s this fear mongering about ? Some hedgies playing their wild card and PIMCO laughing their ass because of other market participants stupidity ...

June 9 (Bloomberg) -- Overnight deposits with the European Central Bank rose to a record as the sovereign debt crisis made banks wary of lending to each other. Banks lodged 364.6 billion euros ($436 billion) in the ECB’s overnight deposit facility at 0.25 percent, up from 362 billion euros...

That's the right answer to all the sh1theads EUR sceptics : Banco Santander pays $2.5 billion for stake in Mexico unit MADRID (MarketWatch) -- Spanish banking giant Banco Santander on Wednesday said it will pay $2.5 billion for the 24.9% stake in its Mexican branch, Grupo Financiero...

Their currency reserves are raising exponentially...UBS currency desk is working overtime...:D

What about these Italian / Bund, Spain / Bund spreads ? Time to short ? :)

WASHINGTON (Reuters) - European leaders are committed to ensuring the survival of the euro and have enough money to meet obligations of heavily indebted member countries, Federal Reserve Chairman Ben Bernanke said on Monday. http://www.reuters.com/article/idUSTRE6523SN20100608 It's also...

A team at Goldman, decidedly different team from the one which this morning said the EUR could drop to a 1.16 level shortly, looks at recent fund flow data and notes that with the US now perceived as a safe haven to the rest of the world, particularly Europe, a fact which implicitly is a huge...

Latest CS GRA index value = -1.91. Well, if European banks are scrambling with each other shi..ing their pants, no surprise here. Banks lodged 351 billion euros ($418 billion) in the ECB’s overnight deposit facility at 0.25 percent June 4th...:cool...

So did we finally manage to fill one of these cash gaps ? Buying some Sep calls for cheap money...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=198880 Follow the policy of the new Japanese PM. He is not a fan of a strong JPY...:cool:

http://www.bild.de/BILD/news/bild-english/world-news/2010/06/07/germany-budget-cuts/austerity-deal-calls-for-80bn-saving-by-2014.html Expected tax revenue until 2014 : 6 billion EUR...

June 7 (Bloomberg) -- German factory orders unexpectedly jumped for a second month in April as the weaker euro boosted export demand and companies increased investment. Orders, adjusted for seasonal swings and inflation, rose 2.8 percent from March, when they surged 5.1 percent, the Economy...

This would be a nice start of the short massacre to follow until the end of the year...

Lot of noise about nothing. Welcome the opportunity and makes some $ on the volatility the noise creates. Now that G 20 has made clear that there will be no global bank levy and an end to government spending there will be a race between them who will pass the most effective austerity...

I am buying som world is going under 1250 Sep calls...for the fun of it... :D

Maybe your wife likes it in Russian language : https://www.credit-suisse.com/ru/ru/

1.2009 is a hard nut to crack but with the help of our beloved Frensch PM it could be "pret a craquer"...

No I didn't, but today :=)

Update (1250 UK time): With, its stock down 5.3 per cent at pixel time, SocGen’s spokeswoman commented, via Reuters: RTRS-SOCIETE GENERALE ON DERIVATIVES RUMOUR – “IF WE HAD SOMETHING TO SAY WE WOULD HAVE SAID IT”