A jobless guide to interest rates

By Mike Peacock
October 16, 2013

The Bank of England’s decision to peg any move in interest rates to the downward progress of unemployment has invested the monthly figures, due today, with huge importance.

A tale of two budgets

By Mike Peacock
October 15, 2013

 

It’s deadline day for euro zone member states to submit their 2014 budget plans to the European Commission for inspection and we’re waiting on Italy and Ireland.

Of euro budgets and banks

By Mike Peacock
October 14, 2013

Euro zone finance ministers meet today and will have one eye on budgetary matters given a Tuesday deadline for member states to send their draft budgets to the European Commission for inspection, and with protracted German coalition talks keeping other meaningful euro zone reform measures on hold.

This little piggy went to market

By Mike Peacock
October 9, 2013

Italy and Spain are both set to launch syndicated bond sales today, taking advantage of temporarily benign market conditions and maybe with a weather eye on the U.S. debt stalemate which could soon throw the world’s markets into turmoil with an Oct. 17 deadline fast approaching.

Stay of execution?

By Mike Peacock
October 2, 2013

No sign of movement on the U.S. government shutdown but in Italy, party talks have been running red hot, keeping Italian markets in thrall.

The never-ending story

By Mike Peacock
October 1, 2013

Italian bond yields reversed a big chunk of their losses and stocks followed suit yesterday on the back of our scoop that 20 of Silvio Berlusconi’s senators had told him they could form a breakaway group if he pushed Italy into political chaos.

Oh Silvio

By Mike Peacock
September 30, 2013

Even before the vote on his political future, Silvio Berlusconi ordered his five ministers to quit Italy’s teetering coalition government over the weekend in an attempt to force fresh elections.

France on a budget

By Mike Peacock
September 25, 2013

The French 2014 budget will be presented in full today with the government seeking to reassure voters with a plan that makes the bulk of savings through curbs in spending, having relied more heavily on tax increases so far.

Back from the brink

By Mike Peacock
September 19, 2013

Pulling back from the brink. The Federal Reserve certainly has and so has Silvio Berlusconi (so far).

Euro chat resumes

By Mike Peacock
September 13, 2013

After the summer lull, euro zone and EU finance ministers meet in Lithuania. The “informal Ecofin” can often be quite a big deal but with German elections only nine days away, it’s hard to see that being the case this time.