The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

WireTap 1400 23/01/12

A round-up of the key stories across the specialist financial media, including news that the head of the IMF has said that the eurozone needs a bigger firewall to prevent Italy and Spain sliding towards default.

Lagarde calls for bigger eurozone firewall

The head of the International Monetary Fund said on Monday the eurozone needed a bigger firewall to prevent Italy and Spain sliding towards default, underlining Europe’s responsibility in solving its own sovereign debt crisis.

Click here for the full story

German debt in demand

Germany's latest offer of short-term debt drew healthy demand at an auction Monday, as investors continued to pile cash into safe-haven paper despite historically low yields and a cautious "risk-on" mood in secondary markets.

Click here for the full story

Draghi makes euro favorite for most-profitable carry trades with rate cuts

Betting against the euro may be the most profitable trade in the foreign-exchange market as policy efforts to stave off a European recession debases the currency.

Click here for the full story

Futures higher as Wall Street looks to extend rally  

Stock index futures edged higher on Monday, after stocks posted their best week in a month as the euro zone debt crisis and the U.S. economy showed signs of stabilizing.

Click here for the full story

China Is 175.6% dependent on the US

The Chinese economy increased its dependence on the United States last year according to recently released trade figures from Beijing and Washington.

Click here for the full story

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree