sovereign debt crisis

In the US, you have a weakening recovery, uneven job growth, less accommodative monetary policy, tightening fiscal policy at the federal and local levels, austerity in Europe and tightening in emerging markets coupled with secularly high…

A comprehensive outline of the Irish situation and with a retrospective on the steps leading us to the brink.

In a recent column at VoxEU , Hans Werner Sinn of the prestigious Institute for Economic Research claims that the German Bundesbank is effectively propping up banks across the Eurozone’s periphery. He adds that doing this risks a major…

Various news wires are reporting leaks of the IMF/EU/ECB review of Greece. Apparently they are concluding that the implementation of the conditions for last year's aid package have ground to a halt. They are also concluding that the Greece…

German Finance Minister Schaeuble wrote a letter earlier this week to the ECB, IMF and euro zone finance ministers that appears to be putting the proverbial cat among the pigeons. The latter has been leaked to the press. He seems to be…

ECB intransigence leaves little alternative to breakup. Europe’s payments-surplus nations are waging financial war against the deficit countries. Without a common union based on mutual support within a mixed economy – one capable of…

Chandler: Many people in the market have concluded that new Greek aid is a done deal. The EU/IMF/ECB concluded their review before the weekend and it is expected to lead to Greece being able to draw down its next tranche of aid under the…

There is unlikely to be a dramatic market reaction to the Portuguese election results. The news stream from Greece is seen as more important.

The US dollar is mostly firmer across the board ahead of NFP; equities and commodities softer. US NFP to determine cyclical tone ahead of quiet week; USD/JPY & USD/CHF likely to decline. UK PMI ebbed, euro zone PMIs revised higher;…

Niels Jensen clears up a number of common misconceptions about the macroo environment which whave great importance for investing.