Friday 09/12/2011 7.30 PM CET

The summit in Euro zone was trumpeted as a “new beginning” by German chancellor Merkel but its the beginning of the end for Euro zone. The fiscal crisis will get worse, as the summit solves none of the immediate problems and it won't be long before Italy and other Euro zone countries such as Spain come under attack. 

Thursday 08/12/2011 8PM CET

The ECB ruled out a big role in solving the debt crisis which saw the Euro and other risk currencies come off today and they will fall further. Euro zone is dead in its current form and we see the global economy as extremely bearish and that means the Dollar remains a buy on dips. 

Wednesday 07/12/2011 8PM CET

Germany expressed pessimism over the outcome of a European Union summit this week and the way its going the final summit to solve the crisis will solve nothing and we are looking for the end of the Euro in its current form...

Tuesday 06/12/2011 8PM CET

S&P ratings agency are threatening to hit Euro zone with a downgrade but really we all know its in big trouble anyway so its not really that shocking. The markets are trading quietly today as we await the end of week summit and possible interest rate change in Euro zone later this week...

Monday 05/12/2011 8PM CET

We have heard about a plan from Merkel and Sarkosy to deal with the debt crisis but it doesn't and they had better come up with more on Friday, to avoid disaster long term but we don't see it happening...