from MacroScope:

Huge gaps to bridge in Greek negotiations

By Mike Peacock
April 17, 2015

Greek Finance Minister Varoufakis speaks at the Brookings Institution in Washington

Prime Minister Alexis Tsipras told Reuters on Thursday he was "firmly optimistic" of reaching an agreement with Greece’s creditors. But he acknowledged that the two sides disagreed on four major issues: labour rules, pension reform, a hike in value-added taxes and privatisations.

from MacroScope:

Greek drama shifts to Washington

By Mike Peacock
April 16, 2015

German Finance Minister Schaeuble attends news conference in Berlin

Much of the action switches to Washington where G20 finance ministers and central bankers are gathering for the IMF’s spring conference.

from MacroScope:

Will manifestos move the UK election dial?

By Mike Peacock
April 13, 2015

Labour leader Miliband speaks at a joint news conference in Edinburgh

Britain’s main political parties will publish their election manifestos this week after what seems likes weeks of campaigning already, none of which has significantly shifted the polls putting the ruling Conservatives and opposition Labour party neck-and-neck.
Labour will launch its manifesto today with the Conservatives following on Tuesday.

from The Great Debate:

Britain prepares for a campaign into political turbulence

By John Lloyd
April 10, 2015

Britain's Prime Minister David Cameron stands alongside Deputy Prime Minister Nick Clegg, and Ed Miliband the leader of the opposition Labour Party as they attend the Commemoration Service for Afghanistan at St Paul's Cathedral in London

Britain's Prime Minister David Cameron (L) stands alongside Deputy Prime Minister Nick Clegg, and Ed Miliband the leader of the opposition Labour Party at St Paul's Cathedral in London, March 13, 2015. REUTERS/Pool/John Stillwell

from MacroScope:

Reading the ECB runes

By Mike Peacock
April 2, 2015

European Central Bank President Draghi and Vice President Constancio leave after addressing an ECB news conferenc in Frankfurt

The European Central Bank will release minutes – or what it likes to call its account – of the last policy meeting after which it launched into quantitative easing.

from MacroScope:

Greek plan – a detailed programme or vague list of ideas?

By Mike Peacock
March 30, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

The Greek government has sent a reform package to its EU and International Monetary Fund creditors, hoping it will unlock desperately needed funds to stave off bankruptcy.

from MacroScope:

Could Yemen prompt an oil rally?

By Mike Peacock
March 27, 2015

 
Shi'ite Muslim rebels hold up their weapons during a rally against air strikes in Sanaa

Yemen's President Abd-Rabbu Mansour Hadi has fled his refuge in Aden for Saudi Arabia as Houthi rebels battled with his forces on the outskirts of the southern port city.

from MacroScope:

Yemen slides into civil war

By Mike Peacock
March 26, 2015

A Houthi fighter walks on a vehicle damaged by an air strike at a residential area near Sanaa Airport

Dramatic escalation in Yemen overnight with Saudi Arabia and its Gulf allies launching military operations including air strikes in Yemen to counter Iran-allied forces besieging the southern city of Aden where the U.S.-backed president is holed up.

from MacroScope:

Waiting for the Greek list

By Mike Peacock
March 25, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

The Greek government could produce at any time a list of economic reforms which it hopes will prompt a flood of funds from its creditors.

from MacroScope:

Currency concerns everywhere

By Mike Peacock
March 24, 2015

A bureau de change operator counts U.S. currency notes in Abuja

Currency concerns in the central banking world have come to the fore again.

Sweden cut interest rates further into negative territory out of the blue last week, fearing its strong currency will engender deflation. The Swiss National Bank said it would aim to weaken what it sees as a "significantly overvalued" franc. And the Bank of England flagged the risk that sterling could strengthen further and leave inflation below target for longer.