Posts by "stationdealer"

ok im back what did i miss

all i want to know is not if the someone's plan is working but what i want to know will there be someone to cover all this. It seems to be selling right now on rumours but will it buy on the facts. Cuz i think we will get it back once we hear some clear decisions and the date of the actual payment that coming to Greece.

A bloody mess it is!
Why is the ECB letting this carry on, why are there no specifics as to when IMF is making their payment why hasn't there been a clear and unanimous decision from the Eurozone so far. Whats taking them so long, this is not just Euro catastrophe its nothing less of a financial melt down in the rest of the markets as well.

EUs Rehn: Confident 110 Bln Euros Will Suffice For Greek Financing Needs In Coming Years

*EU/IMF loan allows Greece to not go to markets for funding in first 2 years
*Deficit levels in EU are worryingly high
*Not going to propose aid mechanism for Spain as there is no need for aid mechanism
*Speculation reaching euphoric levels
*Spain, Portugal taking measures to consolidate public finances
*Greece only EU state which fiddled with statistics
*Euro zone taking care of Greek case, confident will turn things around for Greece
*Agrees with broad thrust of French, German ideas to reinforce EU budget rules
*Greeck growth will slow as a result of consolidation efforts. Greek economy should start growing in 2012
*Stock markets tend to think very short term
*Absolutely essential to contain bush fire in Greece, stop threat to whole EU economy

What's next i guess the only thing that might save Euro decline this week may be an actuall announcement on when exactly they are getting the money. IMF needs to announce it today or tomorrow and obviously looking forward to hear from Eurozone confederates on late Friday which obviously wont help much as its NFP day <EXPECT VERY VERY HIGH VOLATILITY>.