Talking Turkey
By Mike Peacock Turkish Central Bank Governor Erdem Basci will brief President Tayyip Erdogan today about sharp falls in the lira of about 12 percent versus the dollar this year which have not been...
View ArticleUkraine to get serious money
By Mike Peacock The International Monetary Fund surprised on the upside with its programme for Ukraine last night, agreeing $17.5 billion in loans as expected but agreeing to pump $10 billion of that...
View ArticleMerkel, seeking firm line with Russia, meets Poroshenko
By Mike Peacock German Chancellor Angela Merkel meets Ukrainian President Petro Poroshenko in Berlin. Ahead of his visit, Poroshenko told Germany’s Bild newspaper that pro-Russian separatists are...
View ArticleEuro may not be on a one-way road to parity
By Sumanta Dey Signs the euro zone economy may have turned a corner just as many begin to question the timing of a U.S. interest rate hike could soon put a floor under the euro after a 13 percent...
View ArticleEuro zone private lending set to take a small, but crucial, step up
By Sumanta Dey The recent green shoots emerging out of the euro zone economy could look a little more leafy on Thursday when data is likely to show a long-awaited recovery in private bank lending is...
View ArticleHopes of Greek Riga deal fade
By Mike Peacock It wasn’t long ago that both Greece and the euro zone declared a reforms-for-funds deal had to be struck at a euro zone ministerial meeting in Riga on Friday to avert disaster. Now few...
View ArticleGrexit polled probability strikes danger zone for the first time
By Ross Finley While Greece has been trapped in the clutches of an economic and sovereign debt crisis for half a decade, it has only been over the last month that the risk of leaving the euro has risen...
View ArticleEuro zone’s best growth days may already be in the rear-view mirror
By Siddharth Iyer The latest euro zone flash purchasing managers’ indexes may have surprised slightly on the higher side, but many are still not convinced that better economic growth is coming later...
View ArticleMore ECB QE? Perhaps best when the Fed raises
By Deepti Govind Those clamouring for the European Central Bank to ramp up its 60 billion euro per month stimulus programme will have to wait until December. It just so happens that is not only when...
View ArticleECB’s ‘whole menu’ bereft of new dishes
By Deepti Govind ECB President Mario Draghi’s ‘whole menu’ of monetary policy options to spur lending and boost euro area inflation from below zero appears to have few new dishes, if any at all. A...
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