HOUSE_OVERSIGHT_025255.jpg

2.52 MB
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Extraction Summary

2
People
7
Organizations
9
Locations
4
Events
1
Relationships
4
Quotes

Document Information

Type: Financial market analysis report
File Size: 2.52 MB
Summary

This document is a UBS financial market analysis report from October 2012 focusing on the Eurozone crisis. It outlines a 'CIO View' predicting austerity and weak growth, with specific analysis on the financial stability of Spain, Italy, and Greece, including the potential for a Greek exit from the Euro. The document includes charts on purchasing manager indices and bond yields, along with a calendar of key economic dates for November 2012.

People (2)

Name Role Context
Thomas Wacker CIO Analyst
Listed as a contact for further information at UBS.
Ricardo Garcia CIO Economist
Listed as a contact for further information at UBS.

Organizations (7)

Name Type Context
UBS
Authoring financial institution of the report.
ECB
European Central Bank, referenced regarding policy and bond purchasing.
Bloomberg
Source for data in charts.
Eurogroup
Mentioned in upcoming key dates.
European Council
Mentioned in upcoming key dates.
IMF
International Monetary Fund, mentioned regarding loans.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_025255'.

Timeline (4 events)

November 12, 2012
Eurogroup meeting
Eurozone
November 15, 2012
Eurozone GDP 3Q: first estimate
Eurozone
November 22-23, 2012
European Council
Europe
November 8, 2012
ECB press conference
Eurozone
ECB

Locations (9)

Location Context
Primary focus of the economic analysis.
Discussed regarding financial support, bond yields, and credit rating.
Discussed regarding financial support and bond yields.
Discussed regarding bailout support, austerity targets, and potential exit from Euro.
Mentioned regarding bailout packages.
Mentioned regarding bailout packages.
Mentioned as likely getting a new package.
Mentioned as potentially asking for help soon.
Implied by reference to 'German Bunds'.

Relationships (1)

Thomas Wacker Colleagues Ricardo Garcia
Both listed as UBS contacts (CIO analyst and CIO economist respectively) on the same report.

Key Quotes (4)

"We see a high probability of Spain being downgraded to junk by at least one rating agency."
Source
HOUSE_OVERSIGHT_025255.jpg
Quote #1
"We think that Greece's failure to meet targets may trigger a cut-off from funding by early 2013 and a possible gradual exit later."
Source
HOUSE_OVERSIGHT_025255.jpg
Quote #2
"Cyprus will likely get a new package and Slovenia may ask for help soon."
Source
HOUSE_OVERSIGHT_025255.jpg
Quote #3
"We think the Eurozone economy troughed in 3Q."
Source
HOUSE_OVERSIGHT_025255.jpg
Quote #4

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