UKIP looking for next advance

By Mike Peacock
November 20, 2014

United Kingdom Independence Party leader Nigel Farage reacts duing a photocall outside the party campaign office in Rochester southeast England

Never heard of Rochester and Strood? You might have by tomorrow. The southern England constituency votes today following the defection of its Conservative parliamentarian to anti-EU UKIP.

Russian sanctions … and France

By Mike Peacock
May 13, 2014

After the EU widened its sanctions to include Vladimir Putin’s deputy chief of staff, the commander of Russian paratroopers and two Crimean energy firms, Ukrainian prime minister Yatseniuk is in Brussels today for talks. The EU is looking to shore up the situation to allow national elections to take place on May 25 and, along with Washington, has set any disruption of that vote as a red line.

Will French numbers add up?

By Mike Peacock
April 23, 2014

French President Francois Hollande’s cabinet meets to adopt a new debt reduction plan.

Reasons to do nothing

By Mike Peacock
April 3, 2014

It’s ECB day and the general belief is that it won’t do anything despite inflation dropping to 0.5 percent in March, chalking up its sixth successive month in the European Central Bank’s “danger zone” below 1 percent.

Sanctions loom for Russia

By Mike Peacock
March 13, 2014

The European Union, as we exclusively reported yesterday, has agreed on a framework for sanctions against Russia, including travel restrictions and asset freezes, which goes further than many expected. The list of targeted individuals is still being worked on but will be ready for the bloc’s foreign ministers to look at on Monday.

Spain ascendant?

By Mike Peacock
January 16, 2014

Spain appears to be on the road to recovery, if you can call it that with around a quarter of the workforce without a job.

New face at the ECB

By Mike Peacock
January 13, 2014

The European Central Bank held a steady course at its first policy meeting of the year but flagged up the twin threats of rising short-term money market rates and the possibility of a “worsening” outlook for inflation – i.e. deflation.

Italy versus Spain

By Mike Peacock
October 30, 2013

Italy will auction up to 6 billion euros of five- and 10-year bonds after two earlier sales this week saw two-year and six-month yields drop to the lowest level in six months. Don’t be lulled into thinking all is well.

Italian market test

By Mike Peacock
September 12, 2013

Italy will auction three different bonds, aiming to raise 7.5 billion euros against a volatile domestic backdrop.

Event risk

By Mike Peacock
August 1, 2013

If you’re hankering after “event risk”, look no further. Europe can offer top central bank meetings, front line economic data, a debt auction and more political risk than you can shake a stick at today.