from MacroScope:

The rouble and the hryvnia

By Mike Peacock
November 11, 2014

A reflection of a yearly chart of U.S. dollars and Russian roubles are seen on rouble notes in this illustration picture taken in Warsaw

Ukraine's currency shed nearly 5 percent on Monday after a weekend that saw the heaviest shelling in a month of the main rebel stronghold in the east and signs that Moscow had dispatched troops and tanks to reinforce separatists. The prospect that a two-month-old ceasefire could collapse has helped drive the currency 12 percent lower since the central bank abandoned an unofficial peg a week ago.

from Breakingviews:

Music rally can shake off discordant Taylor Swift

November 3, 2014

By Jeffrey Goldfarb

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

from MacroScope:

Franco-German meeting

By Mike Peacock
October 20, 2014

German Finance Minister Schaeuble and his French counterpart Sapin attend news briefing after talks in Berlin

The big question of the week is whether financial market gyrations continue, worsen or calm. European stocks are being called higher at the open.

from MacroScope:

Turkey poised to intervene?

By Mike Peacock
October 3, 2014

Iraqi Shi'ite militia fighters stand atop destroyed vehicles belonging to Islamic State militants outside Bo Hassan village near Tikrit

Turkey's parliament has voted to give the government a green light to order military action against Islamic State as the insurgents tightened their grip on a Syrian border town, sending thousands more Kurdish refugees into Turkey.

from MacroScope:

Swedish shift

By Mike Peacock
September 15, 2014

Opposition leader Stefan Lofven speaks at the election night party of the Social Democrats in Stockholm

Sweden's centre-left Social Democrats topped the poll in Sunday’s election but fell well short of an overall majority to the extent that it will struggle to form a strong coalition.

from MacroScope:

What’s it all about, Mario?

By Mike Peacock
September 4, 2014

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It’s ECB day and after Mario Draghi’s recent dramatic utterances, expectation for fresh action has grown, expectations which are likely largely to be dashed.

from MacroScope:

EU cuts off Russian banks, puts ball in Moscow’s court

By Mike Peacock
July 30, 2014

Russia's President Vladimir Putin talks to reporters during a meeting in Brasilia

True to its word, the EU agreed sweeping sanctions on Russia yesterday, targeting trade in equipment for the defence and oil sectors and, most crucially, barring Russia’s state-run banks from accessing European capital markets. The measures will be imposed this week and will last for a year initially with three monthly reviews allowing them to be toughened if necessary.

from MacroScope:

ECB: talk but no action

By Mike Peacock
July 3, 2014

EThe European Central Bank holds its monthly policy meeting and after launching a range of new measures in June it’s a racing certainty that nothing will happen this time. However, ECB President Mario Draghi has plenty of scope to move markets and minds in his news conference.

from Photographers' Blog:

Seeking refuge in Sweden

July 2, 2014

Stockholm, Sweden

By Cathal McNaughton

Gaining the trust of asylum seekers I met in Sweden and taking pictures that would grab the viewer's attention and convey the tremendous struggles and dangers they had faced was a challenge.

from MacroScope:

We need to talk about Juncker

By Mike Peacock
June 9, 2014

Swedish Prime Minister Fredrik Reinfeldt will host Germany’s Angela Merkel, Britain’s David Cameron and Dutch premier Mark Rutte at his private residence over two days to discuss reforming the EU and "achieving a more efficient EU that is focused on creating jobs and growth".