Spain’s de Guindos: Timing of direct bank recapitalization ‘isn’t an issue’ for Spain

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15/16 ¬†Spanish banks will come under ECB oversight. 80% of the country’s financial system will be under ECB’s oversight.

  • Expects significant foreign investment in ¬†the ‘bad bank’

2012-12-13T11:52:33+0000

All|Economic Data|Europe|Regions

ECB|EU economy|Spain

Pete Jackson

6 Comments

  1. GMj Pete, Took early morning off here, but looking at your order board, had a question. You had bids up at 130500/400, but then next bids all the way down at 128800/700? Interesting! Was that 128800/700 or 129800/700? Just surprised by gap!

  2. s/b 1.2970/80 with sell stops below. Thanks for picking that up scjohn

  3. Hi Pete just a quick question. Do you have a clue how the US retail sales might affect the market. Risk on or risk aversion?

  4. Jingle Bells Pete?

  5. a strong number may give the USD a lift, but its been a pretty tight number after stripping out the auto data

  6. Thank you for the hard work you and Gerry put in to keep up with all the econ info and FX info every morning. Typos come easy when pressed for time to get out info in timely manner. I understand as my typing is terrible and I am under no pressure to get my comments out. Looking at the order board info you provided, makes me think you like the cloud indicator more than you let on, as you mention Tenken line for EURUSD. Keep up the good work, it is appreciated.

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