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Perfect day for the European boggyman to drag out an

Perfect day for the European boggyman to drag out an ECB corpse
Nobody loves a fright in the economy more than Ambrose Evans-Pritchard at The Telegraph and for Halloween he got a genuine scare from the Eurozone inflation data.
The region is dangerously close to a Japan-style deflation trap, he said.
He tracked down a mystery ‘former ECB governor’ for his take:
A former ECB governor said the bank’s passive stance over the past few months was a “disaster” for Italy and Spain. The time-lag effects …
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mag 31 Oct.

Very intersting.

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EUR/USD is near the end of the trend?

As we look back on the week just gone, it has a very familiar pattern to it, the view is of yet another good week for the Euro, and another disappointing week for the dollar. We have all here at ForexLive, been banging on about how you just can`t argue with this now established trend, and the fact that recent price history is such a huge factor in influencing short term opinion, and that remains true.
The accelerated strengthening of the euro against sterling last week (in the context of the und…
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We have a deal. What is next?

USD/JPY is brushing up against 99.00 and the S&P 500 is at the highs of the day, up 1.3%.The government is funded through January 15 and the debt limit raised until February 7. That’s a short timeline but it gives markets a chance to focus on something else for a month or two.Candidates:
  • The health of the economy as data releases resume
  • The potential for a taper
  • Holiday shopping season
  • Corporate earnings
  • Emerging markets
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A debt ceiling solution is coming, here is when

Get used to more weeks like this, the fight over US debt will be a long, bitter struggle. As I write this article, it looks like there may be a short term deal to raise the debt ceiling this weekend avoiding financial catastrophe for the time being. A bigger deal is supposedly being negotiated however this row has been on-going for more than two years and so I am skeptical of any grand bargain.
The longer and more bitter the dispute becomes the more difficult it is for either side to eventuall…
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mag 13 Oct.

yes, M.D.will indulge, is especulation.

mag avatar
mag 13 Oct.

I agree with all article

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Draghi explicit on rate cuts and easing. Is anyone listening?

Yesterday in New York, Mario Draghi once again voiced the ECB stance that rate cuts were still very much on the table. You can read full story from Bloomberg (h/t Bud Spencer) shows it in a fuller light:
“The Governing Council has unanimously agreed to incorporate an easing bias that explicitly provides for further rate reductions, should the volatility in money market conditions return to the levels observed in early summer,”
Now although he’s attached caveats to cutting rates…
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fdsaRUS 11 Oct.

относительно инфляции.
Банк Международных Расчетов относительно недавно публиковал свой взгляд на Европу - там графики экспоненты роста долга по всем странам до 2020-24, и Германия не исключение, фактически, это и есть ответ по поводу инфляции в долгосрочной перспективе.
в короткий срок: Драги постоянно говорит о новом ЛИТРО - а это при запуске ЛИТРО, неизбежно скажется на инфляционных процессах, и в отличии от ФРС и США не удастся Европе экспортировать свою инфляцию за рубеж, поэтому угроза инфляционного давления и пугает Меркель

Nadin5794 avatar
Nadin5794 11 Oct.

инфляционные ожидания, количественное смягчение, усиление кризиса Еврозоны, проблема госдолга США-третий виток на моей практике годовой и третий период резонансный по этим вопросам..."ничто так не однообразно, как повторяющаяся история на Wall Street"...

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Financial transaction tax and a Social democrat coalition

A day that was meant to be another occasion for the forex market to chew its collective fingernails over non- farm payrolls, is now just the end of a week dominated by politics.
The soap opera of US politics rolls on, and the world looks out from behind the sofa, desperately hoping that the story will end well, but after dire warnings about pending financial armageddon, has no further leverage to apply; Berlusconi has created –hopefully- his final piece of mischief making; in the UK we have com…
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mag 5 Oct.

You`re Right

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EURopean morning wrap: Sterling given another slap

Forex trading headlines from the European morning session 4 October
• BOJ’s Kuroda says current monetary policy sufficient for targets. More from the presser here
• EZ PPI august m/m +0.1% vs 0.0% exp +0.2% prev revised down from +0.3%
• German PPI august y/y -0.5% vs -0.1% exp 0.0% prev revised down from +0.5%
• Bank of Spain’s Linde says bad loads will continue rising in the short term
• Portugal’s PM Coelho says govt committed to avoiding second bailout
• ECB’s Costa says sustainable public …
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EURopean Wrap: Carney quote causes carnage again

Forex trading headlines from the European morning session 27 September
BOE governor Carney says he does not see a case for further QE.
• UK Nationwide HPI september m/m +0.9% vs +0.5% exp +0.7% prev
• China state council says it will test interest rate reforms in Shanghai trade zone
• US Fed’s Evans says headwinds are adding to a weak economy
• Evans says Fed wasn’t quite ready to taper
• China SAFE says strong USD and US recovery will help exports
• French final Q2 GDP +0.5% as exp/prev
• Swiss…
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Bank of Canada leaves key lending rate at 1.00%

Highlights of the Bank of Canada interest rate decision: * Repeats exact language on current stimulus being appropriate * Key line remains: ‘Over time, as the normalization of these conditions unfolds, a gradual normalization of policy interest rates can also be expected’* Housing sector slightly strongter thanexpected* Looking through the data, GDP is largely consistent with forecast* Output gap to begin to narrow in 2014* Global economy continues to expand broadly as expected but its dynamic …
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Haynes6EU avatar

When CAD down to 1.06?

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