mercredi 24 novembre 2010

Petit retour arrière sur les stress tests irlandais

  

Rewind: Irish Banks pass Stress Tests in July 2010
Calculated Risk, 23/11/2010 (traduire en Français texte en anglais )
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The Irish bank stress tests ...

The Central Bank and Financial Regulator CEBS July 2010 Stress Test Results
Allied Irish Banks plc
The exercise was conducted using the scenarios, methodology and key assumptions provided by CEBS. As a result of the assumed shock under the adverse scenario, the estimated consolidated Tier 1 capital ratio would change to 7.2% in 2011 compared to 7.0% as of end of 2009. An additional sovereign risk scenario would have a further impact of 0.70 of a percentage point on the estimated Tier 1 capital ratio, bringing it to 6.5% at the end of 2011, compared with the CRD regulatory minimum of 4%.

And The Central Bank and Financial Regulator CEBS July 2010 Stress Test Results
The Governor and Company of the Bank of Ireland
As a result of the assumed shock under the adverse scenario, the estimated consolidated Tier 1 capital ratio would change to 7.6% in 2011 compared to 9.2% as of end of 2009. An additional sovereign risk scenario would have a further impact of 0.50 of a percentage point on the estimated Tier 1 capital ratio, bringing it to 7.1% at the end of 2011, compared with the CRD regulatory minimum of 4%.
And today from the Irish Times: Dramatic fall in value of Irish bank stocks

Fin du dollar carry trade ?

Avec le cours du dollar qui remonte

dollar index :


et les taux courts US qui remontent :


les positions à la baisse sur le dollar se retournent complètement :
The End Of The Dollar Carry Trade? Presenting The Dollar Short Panic In A Burning Theater
ZeroHedge, 23/11/2010 (traduire en Français texte en anglais )
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we are currently seeing a massive unwind in the dollar short carry trade, and why once again rumors that macro funds are slowly and quietly receiving billions in margin calls behind the scenes.