EUR

Recent statistics of Ezone banks leverage make LTRO repayment more doubtful:

Leverage and goodwill both INCREASED (!) to record highs after alleged LTRO payback.

Credit agricole tops the list with a goodwill ratio of close to 40% followed by Banco Santander Uni Credit, Deutsche Bank is no 5
with 20%. Deutsche however tops the list of leverage with 35, on par with Credit suisse, followed by Commerzbank....
UK banks do very much better but not as far as good as US banks
which are 9:1 leveraged.
It appears that Basel rules are far off the reality of the ratio
of loans to equity capital.

The total goodwillis estimated 800 bln . Anyone still going for LTRO repayment? ECB balance shrinking? I did never believe a single word of this Hollywood style happy-end.

Where you been past 11 months djellal ?

England v France Rugby. Good match, half time, wide open.

good afternoon....let mi peepz go..Osacar, Jodi, Dudus and OJ...and subio

hot here....

GBP recoverd from an immediate dip after Moddy's back to almost no change vs USD. But that was due to NY fx closing. I think when
Sydney fx opens sunday there will be wild swings in GBP. And in EUR. Very risky trading either one has smallest possible lot size with no sl set and act ultra fast manually or trading plain vanilla