Will a weak Canadian dollar really lead to stronger exports?

September 9, 2015

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto

Canada’s near two-year-long attempt to boost exports through a weaker currency so far has proved futile.

China’s falling imports an ominous sign for the global economy

September 8, 2015

A cargo ship waits to be loaded with shipping containers at a port in QingdaoIf the most populous country in the world, as well as the largest consumer of raw materials, starts shying away from imports, that means global demand and, by extension, the world economy is taking a real hit.

Is the dollar taking over the Fed’s job?

May 5, 2015

US trade










While the surge in the greenback since July has turned up in all sorts of economic data, much of it not good, the big one may have just landed.

Greeks bearing letters

By Mike Peacock
March 9, 2015

Varoufakis arrives at a news conference after an extraordinary euro zone Finance Ministers meeting in Brussels

Greek Finance Minister Yanis Varoufakis must face the music once more at a Eurogroup meeting of euro zone finance ministers.

Post-Lehman shadows creeping up on German economy again?

October 10, 2014

Germany's Minister of Finance Wolfgang Schauble speaks during a discussion during the World Bank/IMF annual meetings in Washington

The recent stretch of dire economic data from Germany is starting to bear an unfortunate resemblance to late 2008 – when Lehman Brothers collapsed and the world tipped into the worst recession since the Great Depression.

A first for British politics

By Mike Peacock
October 9, 2014

Nigel Farage, the leader of UKIP drinks a pint of beer in the Gardeners Arms pub in Heywood near Manchester

By this time tomorrow, the anti-EU United Kingdom Independence Party is likely to be celebrating its first member of the Westminster parliament. Polls have just opened in the deprived seaside town of Clacton where the sitting Conservative lawmaker switched to UKIP and called a vote.

Britain’s export recovery looking a little more elusive

August 1, 2014

It looks like Britain might have to wait a while longer before its much-touted export recovery materialises.

Drop in German investor morale may have called the peak in growth

May 13, 2014

A BMW employee assembles a BMW motorcycle at the company's factory in BerlinEurope’s growth engine may be on the verge of gearing down, according to an indicator of German investor morale that recorded its biggest drop in one and a half years on Tuesday.

Mixed evidence from Germany

By Mike Peacock
June 7, 2013

German trade data, already out, showed both exports and imports rose more than expected in April – up a sharp 2.3 and 1.9 percent respectively. That suggests that its fabled industrial base is in reasonable shape but also that domestic demand is holding up, possibly helped by some above-inflation pay deals. The figures represent a significant bounce from the first quarter when Europe’s largest economy just managed to eke out some growth.

Small rays of hope brightened Canada’s economic outlook last week

May 6, 2013

 All data released last week point to a far better first quarter growth in Canada than previously expected, prompting economists to revise up their predictions.