Instabilité en Espagne aussi , vers des élections pour cause de corruption
- European politics is back again. This time it is not the Italians. This time it is the Spanish. The opposition Socialist party has called a vote of no confidence in Prime Minister Rajoy, after people associated with Rajoy’s party were convicted of corruption. The possibility of an election has risen. This is a risk that may not be fully priced.
Bolton, a lui seul il a fait capoter le sommet avec la Corée du Nord; ce qui ne change rien car ce sommet n’a jamais été que de la cosmétique.
Reuters] Asian shares shaky after Trump ditches summit with North Korea
[BloombergQ] Italian Banks a Worry Again as Populist Parties Rethink Fixes
[Reuters] ‘Trump formula’? North Korea says still open to talks after summit canceled
[Reuters] Taiwan air force scrambles as Chinese bombers fly round island
Avertissement clair aux Italiens.
La prime de risque sur les bonds italiens, les BTP, sur les bonds correspondant espagnols atteint les 100 pbs. Pas vu depuis 2012!
European central bank speakers have moved to signal that tightening is coming, and the soft patch is not a worry.
The Turkish lira has continued to weaken. Investors presumably do not believe that the 3% rate increase is enough to slow domestic credit growth
Les pays et leur reserves de changes
“Creating Wealth” Through Debt—the West’s Finance-Capitalist Road (Transcript: https://www.counterpunch.org/2018/05/04/creating-wealth-through-debt-the-wests-finance-capitalist-road/ …)