CALDEIRÃO DE BOLSA

Supermann Escreveu:Um gráfico vale por 1000 palavras... neste caso 2000 palavras

plota num gráfico as taxas de juro de mercado e as taxas de referência e vais ver que antes as descidas/aumentos das taxas acontecem quando as taxas no mercado já vão no adro...

hmaavv Escreveu:

Supermann Escreveu:O problema é que ao contrário do que grande parte das pessoas pensa não são os bancos centrais que decretam as taxaas, mas sim os mercados... os bancos centrais simplesmente seguem a taxa que o mercado faz.

E enquanto as Euribor estiverem como estão, o BCE não irá subir taxas... the same for FED

????????????
Como é possivel , o BCE fechou as portas ?
A politica monetária está entregue ao mercado ?
Que o Banco de Portugal já não faz o seu trabalho, já sabemos , agora tambem o BCE não serve para nada isso desconhecia .

Supermann Escreveu:O problema é que ao contrário do que grande parte das pessoas pensa não são os bancos centrais que decretam as taxaas, mas sim os mercados... os bancos centrais simplesmente seguem a taxa que o mercado faz.

E enquanto as Euribor estiverem como estão, o BCE não irá subir taxas... the same for FED

RiscoCalculado Escreveu:

O problema é que ao contrário do que grande parte das pessoas pensa não são os bancos centrais que decretam as taxaas, mas sim os mercados... os bancos centrais simplesmente seguem a taxa que o mercado faz.

E enquanto as Euribor estiverem como estão, o BCE não irá subir taxas... the same for FED

SAY WHAAAAT ???

Realmente há mitos engraçados no mercado.

O problema é que ao contrário do que grande parte das pessoas pensa não são os bancos centrais que decretam as taxaas, mas sim os mercados... os bancos centrais simplesmente seguem a taxa que o mercado faz.

E enquanto as Euribor estiverem como estão, o BCE não irá subir taxas... the same for FED

Stiglitz:
Gregory White | Feb. 8, 2010, 4:29 PM

Joseph Stiglitz has called on Greece to not back down to foreign speculators who are meddling in their market and instead take the fight to them.

Stiglitz has compared this situation to the one that faced Hong Kong in 1997 and 1998, when speculators targeted the economy in hopes of bringing it down and making a mint.

"What Hong Kong did in response was to raise interest rates and intervene in the stock market. They burnt the speculators and Europe needs to do the same thing," Stiglitz said.

Currently advising Greece on its debt crisis, Stiglitz's employers are up against a wall. Shorts against the Euro are growing, and while Greek CDS spreads have remained stable today, the debt crisis continues to spread across Europe's Mediterranean underbelly.

Pata-Hari Escreveu:Kpt, mas não acreditas que em termos de paridade de poder de compra o euro continua muito valorizado? nota que este movimento nos é favorável em termos de melhores condições para exportações (e que com o petroleo a preços "controlados" nem temos o drama do petroleo).

Dito isto, até posso concordar que o panico dos ultimos dias com os P(I)GS possa ser um minimo de curto prazo para o euro.

Stiglitz:
Gregory White | Feb. 8, 2010, 4:29 PM

Joseph Stiglitz has called on Greece to not back down to foreign speculators who are meddling in their market and instead take the fight to them.

Stiglitz has compared this situation to the one that faced Hong Kong in 1997 and 1998, when speculators targeted the economy in hopes of bringing it down and making a mint.

"What Hong Kong did in response was to raise interest rates and intervene in the stock market. They burnt the speculators and Europe needs to do the same thing," Stiglitz said.

Currently advising Greece on its debt crisis, Stiglitz's employers are up against a wall. Shorts against the Euro are growing, and while Greek CDS spreads have remained stable today, the debt crisis continues to spread across Europe's Mediterranean underbelly.

Finantial Times Escreveu:Speculators make €8bn bet against euro

Traders and hedge funds have bet nearly $8bn against the euro, amassing the biggest short position in the single currency since its launch on fears of a eurozone debt crisis.

Investors increased their bets against the euro to record levels in the week to February 2, according to the latest figures from the Chicago Mercantile Exchange, which are often used as a proxy of hedge fund activity.

The build-up in net short positions represents more than 40,000 contracts traded against the single currency, equivalent to bets worth $7.6bn. It suggests that investors are losing confidence in the euro’s ability to withstand any contagion from Greece’s fiscal problems to other European countries.

Amid growing nervousness on Monday in financial markets over whether other eurozone members including Spain and Portugal can repair their public finances, Madrid launched a public relations offensive to try to calm investors.

Elena Salgado, Spainish finance minister, and José Manuel Campa, her deputy, flew to London to meet bond market investors. They sought to allay fears about Spain’s creditworthiness by repeating promises to cut the country’s budget deficit to 3 per cent of gross domestic product by 2013 from 11.4 per cent last year.

But their disclosure that the treasury planned to raise a net €76.8bn through debt issuance this year unsettled markets further. The projected sum to be raised was lower than the €116.7bn of 2009 but higher than financial markets had expected.

The news sent yields on Spanish government bonds, which have an inverse relationship with prices, sharply higher. The premium over German bunds demanded by investors to hold the country’s debt rose to 1 percentage point.

José Blanco, public works minister, bitterly attacked “financial speculators” for attacking the euro – which fell to an eight-month low of $1.3583 on Friday – and criticised “apocalyptic commentaries” about Spain’s finances.

Appealing for patriotism, he said in a radio interview: “Nothing that is happening in the world, including the editorials of foreign newspapers, is casual or innocent.”

Analysts said sentiment towards the euro had soured because of increasing concerns over Greece’s fiscal problem. These worries had spread to other countries on the periphery of the eurozone sporting large fiscal deficits and high labour costs. There were even fears over whether the euro could survive.

Thomas Stolper, economist at Goldman Sachs, said the fall in the euro was symptomatic of broader concerns over the sustainability of European sovereign debt and European monetary union.

“We think it is rather more likely than not that Greece will obtain some form of fiscal support from the rest of the eurozone or otherwise risk default,” said Mr Stolper.

“But behind this intense focus on Greece obviously is the long-standing unresolved issue of how to enforce fiscal discipline in a currency union of sovereign states.”