Archive

Good morning. Apparently the UK economy is headed for a long haul. Inflation data released yesterday broke the annualized 5% ceiling, with September CPI reaching 5.2% annually. This raises...

Good morning. Yesterday’s optimism indeed proved short-lived. German Finance Minister Wolfgang Schaeuble pricked the balloon that had just taken off over the scheduled October 23 meeting. He said the...

Good morning. Are we about to see the beginning of the end of euro – as Wall Street Journal puts it, or the end of the current European crisis?...

Good morning. Though the market was not hit by any unexpected bad news yesterday, it was a day of mixed developments. Good news came from the EU region as...

Good morning. Are we starting to see some concrete steps being taken to solve the Greece crisis, albeit affecting the private investor? Well, euro zone officials seem to indicate...

Good morning. The epic Greek rescue saga ran into trouble after relatively poor EU member Slovakia stalled further strengthening of the eurozone’s emergency bailout fund (EFSF), putting a question...

Good morning. The euro managed to continue its upward journey yesterday with the markets believing that Angela Merkel and Nicholas Sarkozy’s secret pact would be able to help arrest...

Good morning. Sterling made a smart recovery on Friday against most of its G10 counterparts as risk aversion among investors receded despite the Bank of England announcing quantitative easing...

Good morning. The UK economy has something to cheer about after some time. That’s because the Bank of England and Governor Mervyn King decided yesterday that they have seen...