Yes, I’d guess so.
- The bond spread situation is serious
Yes, I’d guess so.
- Central bank governor’s comments on IMF were not laying the ground for IMF assistance
- Ireland has capacity to put itself back on credible basis
- Parliamentary finance committee recommends “major changes” in fiscal, budgetary and taxation policy
- Latest bout of uncertainty in irish bonds due to uncertainty over future of euro-zone sovereign debt
- Current economic models inadequate, proposes immediate review of modelling
- Proposes binding fiscal rules to ensure long-term public spending matches revenue
EUR/USD languishes down around 1.3705, worries surrounding euro zone peripheries very much to the fore.