$56.44
-0.500 (-0.88%)
At Close: Jun 03, 2026
Coronavirus Challenges The European Project
07:30am, Thursday, 30'th Apr 2020
COVID-19 has exposed the European Union's fault lines. For now, ECB bond purchases should hold things together. But ultimately, national governments will need t
Heavy Dollar Amid Month-End Pressure
11:33am, Wednesday, 29'th Apr 2020
South Korea saw March industrial output jump 4.6% or more than three times more than economists expected. Italy, Spain, and France will report Q1 GDP estimates
Europe Should Outperform United States: Ed Harrison
06:05pm, Tuesday, 28'th Apr 2020
The US and Europe will likely have different economic trajectories coming out of the coronavirus crisis and Ed Harrison is more optimistic about Europe’s prospe
The Eurozone's Problem With Both Inflation And Deflation
07:16am, Thursday, 23'rd Apr 2020
It sounds bizarre to claim that a monetary zone can have potential problems with both inflation and deflation, but that's where I see the eurozone at present. T
The Dollar And Equities Are Finishing The Week On Firm Footing
02:06pm, Friday, 17'th Apr 2020
The MSCI Asia Pacific Index, Europe's Dow Jones Stoxx 600, and the S&P 500 are posting their first back-to-back weekly gains since the first half of February. D
IMF sees pandemic recession worse than financial crisis
01:42pm, Tuesday, 14'th Apr 2020
Assuming the coronavirus pandemic and related containment measures peak in Q2 for most countries around the world, the International Monetary Fund expects the global economy to contract 3% this year,
Equities Are Firm But New Developments Needed Or Risk Appetites May Become Satiated
11:31am, Tuesday, 14'th Apr 2020
The dollar broke below JPY108 yesterday and has been unable to resurface the area today. The euro is trading quietly inside yesterday's range (~$1.0895-1.0970).
Europe's economy set to drop over 10% on virus restrictions - Bloomberg
08:38am, Tuesday, 14'th Apr 2020
Bloomberg's monthly survey of economists predicts that the euro area's economy will contract by more than 10% in H1, with Q2 accounting for most of the drop at 8.3%, as lockdown orders remain in effec
Eurozone Recovery Falters - What's Next
11:02am, Wednesday, 08'th Apr 2020
Since the new eurobond would be underpinned by guarantees from the national sovereigns, we expect yields of the core to rise, reducing the amount of sub-zero yi
Moment Of Truth For The Eurozone Is Approaching
12:53am, Wednesday, 08'th Apr 2020
With economies everywhere in a self-induced coma and rescue bazookas getting ever bigger, the effect on public finances is going to be epic. This is going to be
International Economic Week In Review For 3/30-4/2
10:06pm, Sunday, 05'th Apr 2020
A deal in the oil market is possible. For obvious reasons, the economic data is terrible. Continue to avoid international ETFs.
ECB Ensures That Southern Europe Yields Converge On Germany
05:28pm, Tuesday, 31'st Mar 2020
The European Central Bank announced a technical change or two - technical so they said - which make the Southern European countries more creditworthy. It's also
The New Euro Stimulus Won't Save The Greek Economy
06:25am, Monday, 30'th Mar 2020
On Thursday, the European Central Bank announced massive new stimulus programs, saying that it could buy up to €750 billion ($820 billion) in state and corporat
In Europe The Crisis Policy Response Is Substantial, But More Is Likely Needed
01:31pm, Wednesday, 25'th Mar 2020
Over the past few weeks, European countries have stepped up virus containment measures aggressively, with most of the region now in lockdown. While the near-ter
The European Central Bank Is Being Stretched To Its Breaking Point In Italy
11:28am, Wednesday, 25'th Mar 2020
First, we need to understand that what Lagarde stated - that it is not her job to prevent government bonds' prices in the European Monetary Union (EMU) from div
Sign In
Buy HEDJ