Tag: eurozone
Merkel Facing Problems as Coalition Proposals Fail
Euro pressured as Germany faces possibility of fresh elections
Angela Merkel the Chancellor will today visit the German President to give him the news that...
Brexit Standoff Could Strengthen May
EU keeping Prime Minister “in the dark” over Stage Two plans
Theresa May shifted the blame for the lack of clarity being felt by U.K....
Dear Mrs May…
How much longer?
Brexit was always expected to be a divisive topic. It has been ever since David Cameron was scared into allowing legislation for...
Euro Falling on Dovish ECB
Interest rate differentials starting to bite
The Euro fell to its lowest level in three months versus the dollar yesterday as the cost of holding...
Profit Taking Hits Dollar Despite Data
Inflation concern the only negative
Last week’s employment report in the U.S. was ultimately very positive for the dollar despite the ludicrously high expectation for...
Draghi’s Perfectly Adequate Package
The Kingdom of Saudi Arabia has just made history by being the first country to grant citizenship to a robot. Here's a video of...
Dovish Draghi Pushes Euro Lower
Need for “an ample degree of monetary stimulus”
ECB President Mario Draghi stretched his credibility to the limit yesterday in a press conference which illustrated...
Eurozone PMI highest since 2011
Today there is a lot of PMI data from all around the Europe, the most important readings were from France and Germany, both countries...
Trump to Decide on Fed Chair
Dollar reacting to likely pick’s outlook
There are three likely candidates remaining to be Chairman of the Federal Reserve in February.
The current incumbent, Janet Yellen...
Yellen’s Guidance Supports Dollar
Removal of data dependency signals rate rise
The combination of the removal of data dependency when making interest rate decisions, combined with the removal of...