Europe

By Win Thin, Global Head Of Emerging Markets Strategy, BBH Here are some more thoughts on Moody’s actions today. In general, Moody’s has been too soft on Europe and so putting Ireland’s rating on review for possible downgrade (just like…

Over the past few days, I have heard from a number of stock market analysts say that this past September's rally in the S&P500 was the best performance since at least 1939. That's 71 years! This afternoon, I heard an analyst describing…

A couple of ECB officials have indicated that when the extraordinary liquidity provisions expire at the end of the end of the year, they will not be renewed.  Officials drew comfort in the recent news that the stock of bank loans…

Highlights The US dollar is enjoying a firmer tone, but has remained confined to its pre-weekend trading ranges.  The euro is the hardest hit and although Nobel prize-winning economist Stiglitz pressed his pessimistic outlook for…

by Claus Vistesen With course work coming up and with my internet connection just coming on-stream this weekend I hope that I can be forgiven for not posting in the past week. And now that I am I can only find the energy to move in with…

One of the worrying things about the handling of the current European crisis is how many of those responsible for taking the decisions seem to view the Eurozone in a way which is every bit as rigid, timeless and dogmatic as the thinking of…

by Niels Jensen “There are those who don’t know and those who don’t know they don’t know.” -John Kenneth Galbraith On 1st January 2013, a new directive regulating insurance companies which conduct business within the EU will come…

International Tension FT.com / Columnists / Martin Wolf - Currencies clash in the new age of beggar-my-neighbour Retaliation is Likely - Carnegie Endowment for International Peace Anne Applebaum - China's quiet power grab Plaza…

In yesterday's daily note, David Rosenberg showed us this chart of the wild swings in the foreign exchange markets since the beginning of 2007. His interpretation of the chart is that it demonstrates a "series of rolling currency…

Belgium has a caretaker government. It has been unable to form a government since the June election after the previous government collapsed in April. The Netherlands is also struggling to put a coalition together. Italy comes to the fore…