Europe

The euro zone periphery debt market has moved back into the fore, with Greece taking center stage again. While additional news flow out of the Ireland indicates that the Irish government is now considering the term “structured default” as a…

A year ago, in March 2010, Iceland’s economy was so small that it did not warrant much attention when 93% of its voters rejected the Social Democratic-Green government’s surrender to demands by Gordon Brown and the Dutch, the European Union…

In the wake of a sovereign debt ratings downgrade by the rating agency Moody's, Portuguese five-year bonds are trading with a yield of 10%. As a result, Portugal has leapt over Ireland into fourth place on the credit default swaps list of…

By Edward Hugh Evidence which would enable us to assess the full economic impact of the Japanese earthquake and tsunami is still hard to come by. There is a lot of talk of supply chain disruptions, but little in the way of detailed…

I was on CNBC's Power Lunch yesterday talking about European debt markets in the wake of the Irish stress tests. I certainly think the Irish stress tests were a significant event. But the Euro Crisis is really all about Spain.

The results of the Irish stress tests are going to be released this afternoon at 430PM Irish time. I will be talking about the implications for investors in European markets on CNBC's Power Lunch show. I think one has to be cautious…

By Win Thin S&P cut Portugal one notch from BBB to BBB-, and comes just five days after it cut the rating from A- to BBB. Did things really materially change over the past five days? It’s time for a reminder of what the agencies are…

ECB President Trichet remained hawkish in comments today, noting that inflation is persistently above the target of just below 2%. Yet ECB monetary policy is not base don one pillar but two. The other pillar is money supply. Money supply…

After more than a year since the European debt crisis began, officials have still failed to resolve it. They raised expectations for a “grand bargain” only to crash them on the shoals of political reality. The March 24-25 Summit was to…

BBH CurrencyView The euro is mixed on the crosses and weaker against the dollar. Merkel’s coalition loses a major regional election over the weekend, in a state run for almost 60 years by the CDU or in coalition. The effect should be…