from MacroScope:

Clean sweep for Draghi?

By Mike Peacock
January 23, 2015

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

Mario Draghi’s peerless track record of eliciting the market response he wants remains unblemished after the ECB’s quantitative easing surprised on the upside – at 60 billion euros a month for at least 19 months it will exceed 1 trillion euros.

from The Great Debate:

After Abdullah: The House of Saud’s uncertain future

By Mohamad Bazzi
January 23, 2015

Saudi royal guards stand on duty during the Janadriya culture festival at Der'iya in Riyadh

[UPDATE: Saudi Arabia's King Abdullah died on Jan. 23 and his brother Salman became king, Saudi state television announced. King Salman named Prince Muqrin as his crown prince.]

from MacroScope:

Ripples from ECB even before it acts

By Mike Peacock
January 20, 2015

Draghi.jpg

The prospect of dramatic European Central Bank action – coupled with the deflationary threat posed by a plunge in the price of oil and the pain it inflicts on oil producing countries – is putting the financial system under growing stress.

from Breakingviews:

Cheap oil comes with hidden risks for airlines

January 19, 2015

By Olaf Storbeck

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

from MacroScope:

Volatility back with a bang

By Mike Peacock
January 16, 2015

The logo of the SNB is seen at the entrance of the SNB in Bern

Volatility is back with a bang.

The Swiss franc leapt by an unprecedented 40 percent at one point after the Swiss National Bank scrapped its currency cap out of the blue. Oil may have bounced but it’s still down the thick end of 60 percent since mid-2014, dragging the rouble and other oil-producer currencies with it. Copper, generally a barometer of world industrial demand, is barely finding its feet after plunging this week.

from Breakingviews:

Guest view: Hard to spell Colombia without o-i-l

By Guest Contributor
January 15, 2015

By Ilan Goldfajn and João Pedro Bumachar

The authors are guest columnists for Reuters Breakingviews. The opinions expressed are their own.

from Global Markets Forum Dashboard:

‘L’exquisite Douleur’ of lower oil prices, Canadian style

January 13, 2015

As oil prices continue to slide to even lower lows, market strategists are beginning to wonder when the fallout will begin to make itself known in earnest in oil-producing nations.

from Morning Bid with David Gaffen:

The madness of crowded trades

January 13, 2015

As we enter earnings season, there are some headwinds for various corners of the S&P 500, which itself still hovers just a few percentage points from an all-time high.

from Breakingviews:

Oil price floor could be a long way down

By Edward Hadas
January 13, 2015

By Edward Hadas

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

from Breakingviews:

Cheap oil lubricates Li Ka-shing’s corporate rejig

January 12, 2015

By Una Galani

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