Rand

The latest plan is for the ECB to lend to the IMF who then lend to the distressed euro members

The latest plan is for the ECB to lend to the IMF who then lend to the distressed euro members

Can unelected technocrats in Greece and Italy do what politicians couldn't?

Can unelected technocrats in Greece and Italy do what politicians couldn't?

Focus now moves to Italy's debt reduction program

Focus now moves to Italy's debt reduction program

Positive sentiment continued to flow through the markets last week and the extent of the turnaround is surprising

Positive sentiment continued to flow through the markets last week and the extent of the turnaround is surprising

Markets applaud the setting of an EU deadline

Markets applaud the setting of an EU deadline

Increased risk premium is being felt across the globe in funding markets

Increased risk premium is being felt across the globe in funding markets

Equity markets react like a spoilt child; central banks race against contagion

Equity markets react like a spoilt child; central banks race against contagion

Impatient investors exit 'Armageddon' positions; fx markets meander

Impatient investors exit 'Armageddon' positions; fx markets meander

Markets expect a Greek default; now a 98% certainty

Markets expect a Greek default; now a 98% certainty

Continued European nervousness and doubts around US growth to dominate markets

Continued European nervousness and doubts around US growth to dominate markets

Low growth and persistent inflation are now the market's expectations

Low growth and persistent inflation are now the market's expectations

Markets coming to accept lower growth and lower rates

Markets coming to accept lower growth and lower rates

Low growth, weak tax collections will see more currency volatility

Low growth, weak tax collections will see more currency volatility

Sentiment now very negative; massive and prolonged 'risk off' situation

Sentiment now very negative; massive and prolonged 'risk off' situation

Markets wait for possible US downgrade and Euro continues to worry

Markets wait for possible US downgrade and Euro continues to worry