Economic Data

This is a silver level post. Coming up on Friday we get the latest monthly jobs numbers and they are awaited with great anticipation by the market. Of late, the headline numbers have been terrific, but can it last?

The US dollar is broadly higher against most of the major and emerging market currencies amid concern that the Greek PSI will not see sufficient participation to avoid the triggering of the collective action clauses or worse. At the same…

The enduring global crisis is giving rise to fears that economic hard times will feed political extremism, as it did in the 1930s. This column suggests that the danger of political polarisation and extremism is greatest in countries with…

Spain unemployment claims increased 112,269 in February, with total registered unemployed reaching 4.7 mln and the pace of claims picking up. This comes after a pretty ugly Q4 jobless rate of 22.9%, and points to further deterioration…

By Edward Hugh It’s been a long time now since Paul Krugman spoke of the Ukraine economy epitomising the arrival of what he then termed the “second great depression“, and its been an even longer long time since we lay awake at night…

The US dollar is trading on the back foot against most EMs and the dollar bloc currencies but is firming against some European currencies after the release of the ECB’s second LTRO in which 800 banks took down €529.5B, slightly above…

According to their own public comments, the EU, ECB and IMF do not have much confidence that their agreement with Greece will avert default. Instead they are apparently trying to isolate Greece, delay its eventual default, prevent…

The US dollar is broadly lower against most major and emerging markets currencies with the notable exception of the yen. The two main features of the week’s activity are the euro strength and the yen weakness.

The US dollar is broadly weaker on the day but with most major currencies still trading within a relatively narrow range. The euro rose to an intraday high of 1.3343 following strong German IFO data, a level not seen since December, before…

There have been four noteworthy developments today that will shape the investment environment.