The euro area ultimately has three options
Market attention remains firmly focused on Ireland at the moment, with the Irish Government's much-trailed budget package unlikely to persuade many doubting Thomases, given the prospect of a general...
View ArticleGordon Brown on saving the Euro zone
Writing in the New York Times Gordon Brown, ex prime minister and chancellor of the UK, lays out his road map for the salvation of the Euro zone. In his opinion piece in the International Tribune,...
View ArticleUK Treasury set to sue ECB over clearing houses
The UK looks set to take the European Central Bank to court over its proposals to only allow clearing houses that operate within the Euro-zone geographical area to trade in some of the securities...
View ArticleThe Euro crisis infects world markets
Comment from John Redwood, Chairman of Evercore Pan Asset’s Investment Committee These are savage markets. As we feared, the markets continue to worry about the Euro crisis. More are concluding that...
View ArticleEuro-zone crisis is neither debt nor Euro generated
A lot has been said about the causes of the Euro-zone's current economic problems. Some point at the debt certain countries have racked up and some blame the way the Euro is set up. But these are just...
View ArticleEuropean banks are under pressure
Despite European banks putting a bond friendly regulatory framework in place, investors have shunned European bank bonds in the last few months says Simon Chester of American Century Investments....
View ArticleDouble-dip recession fears grow
Over the past two weeks, I have met dozens of bankers, investors and economists who are increasingly worried that we are about to fall back into a full-blown recession. According to the closely watched...
View ArticleGreece set to miss deficit target
It is becoming more apparent by the day that Greece will be forced to default on its obligations as it casts about for ways to secure the next and sixth tranche of €8 billion from the first bail out...
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Eurozone Deflation Worries
With the estimated inflation for the Eurozone in January 2014 falling back to 0.7 percent as well as the unemployment rate there still in the region of 12 percent there are worries that any Eurozone...
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EUR/USD back to future?!
The first full trading week of 2015 started chaotic for the market. Plunging from ironic 1.2015 level to iconic 1.1760 level EUR/USD demonstrated that Euro zone is far away of being out of financial...
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