YTE Blog

What a week it has been for the Euro. Mid-week, ECB chief Mario Draghi gave a press conference, stating that the bank’s policy of extending low interest loans to financial institutions had been successful in stabilizing the region’s credit markets. Proof of his statement was seen in the recent Spa...

It’s good to be back in the currency market after a three week break. For my first article of 2012, let’s take a snap-shot of the world’s biggest economies to see how they fared for 2011. This can give us excellent insight into how they might perform at the start of 2012. According to the list by ...

When Lehman Brothers fell in 2008, the bankruptcy filing of USD640 billion was the largest ever filed in the history of the United States, far exceeding that of Enron and WorldCom. Three years on, the ghost of Lehman has returned, and the memories of a painful credit crunch are starting to surface ...

Government leaders in Europe will meet this week in Brussels to discuss the debt crisis again.
 One of the key discussions would inevitably be the consequences of a Greek default. Last Friday, credit-default swaps protecting Greek debt from losses for five years came in at 2,415.07. According to Blo...