Succinct Summation Of Weeks Events (03/02/2012)
Succinct summation of week's events:
Positives:
1) LTRO2 gives 530b more euros to European banks giving them cheap money, more time, chance to prefund '12 maturities and play carry trade
2) Italian, Spanish bond yields fall again
3) Euro zone economic confidence up 1 pt, a touch ...
FF News: Fundamental