The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
The latest euro zone flash purchasing managers' indexes may have surprised slightly on the higher side, but many are still not convinced that better economic growth is coming later this year.
The author is a Reuters Breakingviews columnist. The opinions here are his own.
China left the cloistered safety of its dollar peg exactly ten years ago, on July 21, 2005. It was a major step on the journey toward global economic preeminence, and a clear endorsement of market forces. That was then.
For European markets, Germany’s March inflation figure is likely to dominate today. It is forecast to hold at just 1.0 percent. The European Central Bank insists there is no threat of deflation in the currency area although the euro zone number has been in its “danger zone” below 1 percent for five months now.