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”. 

Euro needs the Fed, or QE, for the next leg down

June 9, 2014

EIt has become increasingly clear it takes a lot more than words to sink the euro.

U.S. May non-farm payrolls may be a calmer affair after April shock

June 4, 2014

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The May U.S. non-farm payroll report on Friday may be a much less volatile affair than last month, when shock news of 288,000 new jobs topped even the most optimistic views.

India share bulls running mainly on hope, well ahead of peers

June 3, 2014

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Indian stocks have rallied sharply over the last two months, soaring to record highs, although the bull run that began with expectations that Narendra Modi will become the country’s next Prime Minister may soon run out of road.

Euro zone inflation data to set seal on ECB action

By Mike Peacock
June 3, 2014

Euro zone inflation – due at 0900 GMT – is forecast to hold at a paltry 0.7 percent in May, in what European Central Bank President Mario Draghi has labelled the danger zone below 1.0 percent for the eighth successive month.

Signs of European dash for growth

By Mike Peacock
June 2, 2014

The ripples of EU election results are being felt, no more so than in France where the National Front topped the poll.

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.