The week started calmly until Germany’s Bafin announced Tuesday to temporarily (until March 31, 2011) ban naked short sales of debt securities of Eurozone countries admitted on a domestic exchange to trading on the regulated market. It also temporarily prohibited CDS in which the reference liability is at least also a liability of a euro zone country and is not used to hedge default risks (naked CDS).
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Weekly Fundamental Outlook for Energies and Metals – Oil Weakens when Demand Starts to Pick Up
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