from MacroScope:

Euro zone litmus tests

By Mike Peacock
November 27, 2014

RTR3OB5X.jpg

Two vital gauges of euro zone progress, or lack of it, today.

German inflation for November is forecast to slip to 0.6 percent and will cue up the euro zone figure on Friday, which is predicted to come in at just 0.3 percent. Spanish inflation, due earlier, is forecast to come in at -0.3 percent.

from MacroScope:

Housing markets in U.S., UK, Canada set to cool even if rates stay low for longer

November 25, 2014

AEven as the expected date for an eventual interest rate rise in the U.S., Britain and Canada keeps getting pushed further into the future, the outlook for residential housing markets in these countries is also starting to cool.

from MacroScope:

Greek bailout pressure rising

By Mike Peacock
November 25, 2014

A Greek and an EU flag flutter in front of the temple of the Parthenon during the takeover ceremony of the six-month rotation of Greece's EU Presidency in Athens

Greece's government will resume stalled talks with EU/IMF lenders in Paris today as Athens pushes to make an early exit from an unpopular bailout programme.

from Breakingviews:

China monetary policy enters difficult adolescence

November 24, 2014

By John Foley

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

from MacroScope:

UKIP looking for next advance

By Mike Peacock
November 20, 2014

United Kingdom Independence Party leader Nigel Farage reacts duing a photocall outside the party campaign office in Rochester southeast England

Never heard of Rochester and Strood? You might have by tomorrow. The southern England constituency votes today following the defection of its Conservative parliamentarian to anti-EU UKIP.

from MacroScope:

EU uneasy about Hungary’s closeness to Russia

By Mike Peacock
November 19, 2014

Hungary's PM Orban arrives at an EU leaders summit in Brussels

After Germany's foreign minister saw "no reason for optimism" after talks in Moscow on Tuesday, today Hungary’s Peter Szijjarto meets Russian Foreign Minister Sergei Lavrov. Violence is on the rise again in eastern Ukraine and tougher sanctions against Russia remain a live possibility although EU foreign ministers limited themselves to targeting a few more Ukrainian separatists earlier this week.

from MacroScope:

Will Germany’s Q4 get any better?

By Mike Peacock
November 18, 2014

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

Germany’s ZEW index will give an indication of whether the fourth quarter will be any better for Europe’s largest economy after it barely escaped recession in Q3. In October, the index dropped to its lowest level in nearly two years.

from MacroScope:

Doves taking flight on when BoE to hike

November 17, 2014

A turtledove flies on the beach front in Nice

Doubts over just how soon the Bank of England can raise interest rates have been growing in recent weeks as Britain's recovery looks in danger, inflation remains stubbornly low and concerns about the euro zone intensify.

from MacroScope:

Carney leads analysts to water, but can’t make all of them think

November 12, 2014

BBank of England Governor Mark Carney has given probably the clearest signal that rates aren't going to rise for another year, and yet many analysts who are paid to predict and track the Bank's every move seem to be in more of a muddle than ever before.

from MacroScope:

A Bank of England dovecote?

By Mike Peacock
November 12, 2014

Bank of England Governor and Financial Stability Board (FSB) Chairman Mark Carney arrives for a news conference at the Bank for International Settlements (BIS) in Basel

The Bank of England will produce its quarterly inflation report today. With wage growth still notable by its absence and inflation dropping to just 1.2 percent in September, noises from within the BoE suggest the timing of a first interest rate rise is heading further over the horizon.