UK rate rise this year? Possible, but not certain yet

June 13, 2014

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“It could happen sooner than markets currently expect.”

That was the bomb of a headline Bank of England Mark Carney dropped in a speech on Thursday that suggested a significant change in tone at the bank.

The Fed’s taper and the question of the “tag-along” $5 billion

June 12, 2014

By Ann Saphir

Federal Reserve policymakers are expected next week to trim their monthly purchases of bonds by another $10 billion, putting them on track to end the massive program by October or December. So – which will it be, October or December? Some Fed officials are pushing for an answer, and soon.

The Mark and George show

By Mike Peacock
June 12, 2014

The Mansion House dinner in the City of London is one of Britain’s big set-pieces of the year featuring speeches by Bank of England Governor Mark Carney and finance minister George Osborne.

Canada housing: This time it’s different, eh

June 11, 2014

AResults are in from the latest Reuters poll on Canada’s rampant property market from economists and market analysts, and the message is everything’s fine.

EU’s top two — oh to be a fly on the wall

By Mike Peacock
June 11, 2014

Who are the two most important people in the EU? It’s hard to argue against Angela Merkel and Mario Draghi and they meet today in Berlin.

Better U.S. growth and just muddling along both point to low rates for longer

June 10, 2014

UFaith that the U.S. economy may finally be at a turning point for the better appears to be on the rise, as many ramp up expectations for a better Q2 and second half of the year.

ECB aftermath; how firm is opposition to QE?

By Mike Peacock
June 10, 2014

After the European Central Bank opened its toolbox and deployed pretty much everything it had left, bar printing money, the question is if and when QE becomes a live possibility.

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.