...gold, the yen and the dollar, which have long been barometers of risk aversion, benefited from safe haven buying. Marco Annunziata, chief economist at UniCredit Group, said Mr Geithner's "announcement pricked a bubble of excessive expectations...By Michael Mackenzie in New York
...gold, the yen and the dollar, which have long been barometers of risk aversion, benefited from safe haven buying. Marco Annunziata, chief economist at UniCredit Group, said Mr Geithner’s “announcement pricked a bubble of excessive expectations...By Michael Mackenzie in New York
...financial markets. “The markets will need to see more concrete steps before they can believe in this change,” said Marco Annunziata, chief economist at Unicredit. A senior Treasury official said the government had decided to adopt a co-investment model...By Krishna Guha in Washington
...governments has polarised recent market concerns, and the still fragile condition of banks is well-known, writes Marco Annunziata, chief economist at UniCredit . But there is another less obvious factor that could hold the key to the region’s recovery...Gwen Robinson
...eurozone had sunk into recession in the third quarter for the first time since the start of the single currency in 1999. Marco Annunziata, chief economist at UniCredit, warned that the risk of a deeper eurozone credit crunch was growing by the day. “A drying...By Chris Flood in London
...expectations by keeping rates steady, risking a sudden plunge in equities and further financial market instability,” said Marco Annunziata at UniCredit. Mike Lenhoff, chief strategist at Brewin Dolphin, was more blunt. “The short end of the bond markets in...By Neil Dennis in London and Ralph Atkins in Frankfurt