fredag den 14. marts 2014

Macro: Global risk in one chart:

This is 5 Year US CDS from Russia and China – Russia is concerning but the recently "accepted" defaults in China also have increased the CDS prices. China now trades ABOVE (worse than) Ireland:

 

 

http://www.bloomberg.com/news/2014-03-14/china-bond-risk-exceeds-ireland-as-defaults-unavoidable.html

 

 

 

 

Med venlig hilsen  |  Best regards
Steen Jakobsen  |  Chief Investment Officer

 

Saxo Bank A/S  |  Philip Heymans Allé 15  |  DK-2900 Hellerup
Phone: +45 39 77 40 00  |  Direct: +45 39 77 62 23  |  Mobile: +45 51 54 50 00

 

Research: http://www.tradingfloor.com/traders/steen-jakobsen

Please visit our website at www.saxobank.com

 

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