from Morning Bid with David Gaffen:

Sovereign Sensitivity

April 17, 2015

The markets come in to the day's trading with futures down dramatically, with people worrying less about earnings and more about what's happening overseas.

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 Breakingviews:

Grenada offers debt restructuring model for Greece

April 9, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Greeks seeking Russian gifts?

By Mike Peacock
April 8, 2015

Greece's PM Tsipras addresses a news conference after an EU leaders summit in Brussels

Greek Prime Minister Alexis Tsipras is in Moscow.

There has been talk from some in his Syriza party that Russia could be a substitute for EU support. Western sanctions over Ukraine leave it in no position to give Greece funding though the agriculture minister said Moscow could consider removing Greece, Hungary and Cyprus from its ban on most Western food imports, imposed in response to sanctions imposed by the EU and United States.

from Breakingviews:

Rob Cox: Race to bottom of global subprime begins

April 7, 2015

 

U.S. Senator Paul announces candidacy for president during an event in Louisville

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

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:

Another Russian rate cut?

By Mike Peacock
March 13, 2015

A cashier takes a 500-rouble banknote from a cash register as she serves a customer at the Vinoteka specialised wine and vodka store in Russia's Siberian city of Krasnoyarsk

Russia’s central bank meets having unexpectedly cut its key policy rate in January by 200 basis points to 15 percent, raising a question mark over its independence from political pressure, given inflation rose to a 13-year high of 16.7 percent in February.

from MacroScope:

Ukraine to get serious money

By Mike Peacock
March 12, 2015

International Monetary Fund Managing Director Lagarde speaks about the situation in Ukraine at a news conference in Brussels

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 into the near bankrupt country over the next year and handing over $5 billion imminently.

from MacroScope:

Talking Turkey

By Mike Peacock
March 11, 2015

Turkey's President Tayyip Erdogan arrives for a welcoming ceremony at the Presidential Palace in Ankara

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 helped by Erdogan's criticism of monetary policy.