Europe bans short-selling, May 19th Greece debt due---EURO crash overnight?...we are already are seeing the Euro take a huge hit today...overnight does it CRASH or REBOUND?
Are you just making shit up? Or are you referring to Germany's temporary ban on the naked short selling of Euro-area government bonds and select banking securities? http://www.bloomberg.com/apps/news?pid=20601087&sid=atnfQ_NWvLjk&pos=1
Is there a more detailed explanation for what they are *actually* doing, as the news blurb as written doesn't make sense for debt/CDS markets.
I'm quoting the Bloomberg story... As writtenm, there are TWO bans in there. - one on naked short selling (presumably of equities) - one on naked CDS (which doesn't involve naked short selling, per se)