Romania
Economy
For some time now we have been growing increasingly concerned that rising interbank lending rates in the eurozone could have a severely negative impact on the European banking sector....
2010-06-10Economy
Having appreciated to its strongest level since Q109 in March this year, the Romanian leu has subsequently depreciated to RON4.1920/EUR at one point on June 4. While the National Bank...
2010-06-04Economy
Emerging Europe's Sovereign Risk Ratings saw only a modest uptick this quarter, as growing concerns surrounding a possible slowdown in H210 and 2011 weigh on the region's aggregate...
2010-05-27Economy
The correlation between the euro and risk perception has broken down, with the currency plunging even as risk appetite gains further momentum. Our bearish outlook on the euro has...
2010-03-24Economy
Since the beginning of March, our European market views have played out well. Long-end treasury yields have fallen in line with declining interest rate expectations, yield curves...
2010-03-17Economy
A major re-pricing of risk is underway in Central and Eastern Europe, reflected in breaks of key resistance levels across most benchmark credit default swaps (CDS). Part of the broad-based...
2010-03-16Economy
Having appeared to tentatively break through major trendline resistance at RON4.1000/EUR at the beginning of February and suggesting further upside potential in the short term, the...
2010-02-24Economy
The Romanian leu has appreciated sharply in recent days and is currently testing key resistance at RON4.2000/EUR. On a purely technical basis, a decisive breach of this level would...
2009-12-03
