U.S. growth back in bloom: most accurate Q1 GDP forecasters

May 30, 2014

PMost are convinced, including Federal Reserve Chair Janet Yellen, that the U.S. economy has already warmed up significantly from a growth deep freeze at the start of the year.

Gas talks resume

By Mike Peacock
May 30, 2014

Fresh talks between Russia, Ukraine and the European Commission in Berlin will aim to resolve a gas price dispute that Moscow has warned could make it cut off supplies next week.

Juncker’s star fading?

By Mike Peacock
May 28, 2014

EU leaders didn’t get far last night in addressing the voter backlash dealt to them in European elections but it seems less likely that Luxembourg’s Jean-Claude Juncker will end up with Brussels’ top job, a first indication that things are on the move.

El Niño may not give Brazil much to worry about on food prices

May 27, 2014

File photo of loaded soybean truck for BRAZIL SOY.

Now that Brazilian food prices are finally settling down, it looks like El Niño will strike back in a couple of months to throw the world’s weather into disarray.

Evening of reckoning

By Mike Peacock
May 27, 2014

EU heads of government and state dine in Brussels this evening to discuss their response to a big slap in the face from the bloc’s electorates.

A negative ECB deposit rate: “What difference would it make?”

May 23, 2014

A chef slices a portion of greater amberjack while preparing sashimi at the Akasaka Umaya Japanese-style restaurant in TokyoThe European Central Bank will probably cut its deposit rate below zero in a few weeks, charging banks to park money with it.

Mixed results for right in early voting

By Mike Peacock
May 23, 2014

The British and Dutch got EU elections underway yesterday and gave only mixed support to the rise of the right.

PMIs next signpost for ECB

By Mike Peacock
May 22, 2014

Following a mixed bag of euro zone GDP data last week which showed Germany charging on and Spain holding its own but France stagnating and Italy, Portugal and the Netherlands slipping back into contraction, flash PMI surveys for the euro zone, Germany and France certainly have the power to jolt the markets today.

Elusive China gas deal

By Mike Peacock
May 21, 2014

Vladimir Putin is well into his second and final day of a trip to China during which he was hoping to sign a long-sought gas deal with Beijing. There’s no sign of white smoke so far and if the Russian president leaves empty handed it would be a serious blow.

Putin desperately seeking gas deal

By Mike Peacock
May 20, 2014

Ukraine seems to be in something of a holding pattern before Sunday’s election though the question of how those polls can be securely conducted in parts of the country where pro-Russian rebels want to secede remains a very live one.