Italy, will today try and sell 8bn € of 3 and 10 year bonds. On Friday, Italy paid Euro era highs of 6.5% for 6 month maturities, therefore with the increased risk of holding longer term debt and, the fact that banks are trying to scale back their exposure to...

After Black Friday we have Cyber Monday which is supposedly the busiest day for on-line retailers as packages are bought ahead of Christmas. Equity markets rallied overnight rising by around 2% during Asian trading on reports that the IMF would provide a 600 billion € bailout for Italy.

Asian stock markets continued to sell-off overnight with few investors willing to take any positions due to eurozone debt problems. Today there is a general dearth of economic data to provide any fundamental direction.

The German Bund was yesterday dragged in to the Euro Zone crisis, when a bond auction in the primary market only managed to sell a third of the 10 year debt on offer. Whilst, rumours of a Belgium downgrade made the rounds adding further to the risk off attitude in...

Spain’s treasury yesterday paid the highest yields recorded in 14 years to issue €3bn of 3 month T-bills, with yields more than doubling to 5.11%. The fact that the 5.11% yield was reached on shorter dated debt reflects the current widespread uncertainty in the market, as opposed to the ability...

The week began with a feeling of déjà-vu all over again. Budget deadlock in the United States, a change of Government in Europe and downwardly revised growth forecasts across Asia all served to unsettle investors. Major stock markets tumbled between 2 and 5 per cent yesterday and though the selling...

This is the week in which our friends across the Atlantic celebrate Thanksgiving. In the current climate of economic and political uncertainty across the globe, though, it’s not clear exactly what they’ll be giving thanks for.

The eurozone debt crisis rumbles onwards. Spanish yields edged higher after a disappointing government debt auction yesterday. 10-year yields are back at 6.834, marking a new post-euro high. Italian borrowing costs rose back above 7%. British PM Cameron visits Van Rompuy in Brussels and then Chancellor Merkel in Berlin.

10 year Spanish Bond Yields have this morning hit a Euro era high of 6.57%, this is despite evidence that the ECB was yesterday involved in the purchasing of Spanish and Italian debt. The role of the ECB within the Bond Markets was yesterday the topic of disagreement between Europe’s...

The Bank of England will today release its quarterly inflation report. The Monetary Policy Committee’s (MPC) decision in October to resume its asset purchase program suggests that the report will show inflation dropping well below 2% over the next two years.