Fed to remain “patient”
Thursday, 29 January 2015, 11:42
Last update: about 13 years ago
European markets opened lower, despite news that Deutsche Bank swung to a profit after the investment bank posted fourth-quarter profit that exceeded analyst estimates as trading revenue rose, and...
Politics over economics
Tuesday, 27 January 2015, 09:59
Last update: about 13 years ago
As we progress through the week, so far the macro arena has been characterised by politics over economics. Noise keeps on coming out of Greece after Syriza’s victory this weekend, yet its effect...
Standard & Poor's downgrades Russia credit rating to junk
Monday, 26 January 2015, 19:37
Last update: about 13 years ago
Standard & Poor's rating agency has downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook. The agency dropped the rating to BB+ from BBB- as it sees...
Eurozone looks for dialogue after stunning Greece elections
Monday, 26 January 2015, 17:46
Last update: about 13 years ago
Associated Press
The election in Greece of a radical party that wants to overhaul the country's bailout program raises new uncertainties for the eurozone. But several European creditor nations hinted they will seek a...
Euro wobbles as anti-austerity party set to govern Greece
Monday, 26 January 2015, 14:02
Last update: about 13 years ago
Associated Press
The euro wobbled Monday after Greece's anti-austerity opposition party won a big victory in national elections, renewing fears the European common currency bloc could unravel. Stock markets in Europe...
Syriza wins, what now for the Euro Area?
Monday, 26 January 2015, 11:03
Last update: about 13 years ago
As most pre-election polls anticipated, the former Greek opposition party Syriza has swept to victory in the elections in Greece over the weekend. The results sets the scene for a period of...
Draghi delivers the famous QE
Friday, 23 January 2015, 11:53
Last update: about 13 years ago
Mario Draghi lived up to his promise as the ECB yesterday launched a bond buying program that is set to run until September 2016. The fact that is open ended is positive in the sense that the program...
American shoppers unlikely to see benefit from euro's drop
Thursday, 22 January 2015, 21:36
Last update: about 13 years ago
Associated Press
Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux. There's very little to celebrate. Not since August 2003 has the euro...