Europe

The US dollar continues its rally with the euro the major culprit of the market’s negativity as risks of contagion appear to be spreading to the core. Despite more positive economic data from Germany (this time favorable unemployment…

Which economy might then be the second most rapidly ageing economy in the world? Right, you guessed it: Germany! The question which seems to whisper in the wind is just how Germany is going to be able to shoulder all those bailouts when the…

The under-current from Putin's remarks has much to do with anti-US Dollar sentiment because he said specifically that having the U.S. dollar as the sole reserve currency "is definitely something negative." Putin is serious about ditching…

The decision by EU Commissioner Olli Rehn to appear before the world's press today, and inform the assembled throngs that, as far as the EU Commission could see, Spain will not be sticking to its 6% of GDP fiscal deficit commitment next…

Marshall Auerback argues that despite a 'blame-a-thon' on Ireleand, Germans banks are really at the core of the eurozone catastrophe.

Europe is engulfed in a financial crisis that is also becoming a political crisis.  Sweden stands out as an exception and we affirm our expectation of the krona's out performance in period ahead. Sweden's economy contracted 5.3% last…

This is an analysis of the remaining options in the euro zone post-Ireland bailout. This period in Europe reminds me very much of the period after the Indy Mac failure in the U.S. after which markets were in a permanent state of stress.…

The euro continues to come under pressure and is making new lows in early North American turn over despite talk of interest from an Asian central bank. The euro has slipped below its 200-day moving average (~$1.3130) for the first time…

The US dollar continues its rally with the largest movements against the euro as the market is clearly disappointed with the rescue package of Ireland. Despite a three year high increase in euro-zone confidence, the euro continues to…

Along with the EU and IMF we can be in no doubt: the reform programme evidently is on track. The only issue which seems to divide everyone – and especially those office-bound Fund employees from their more financially savvy…