Swiss National Bank's Investment Policy Reconsidered

Spiros Margaris | Posted 24.03.2014 | UK
Spiros Margaris

The Swiss National Bank (SNB) President Thomas Jordan has to reconsider the SNB investment policy due to the fact that its equity holdings have grown to around 71 billion Swiss francs in the third quarter of 2013.

Swift ECB Action Aims to Defuse Deflation Risk

Martin Koehring | Posted 23.01.2014 | UK
Martin Koehring

Average euro zone inflation was a provisional 0.7% in October, much weaker than the ECB's official target of "close to but below 2%". It is not just the low level of inflation that has been a concern for the Bank, but the rapid decline in recent months: between July and October the rate fell by 0.9 percentage points, from 1.6% to 0.7%.

Take Your Hands Away From That Wallet - Things Are Gonna Be Cheaper

Nick Beecroft | Posted 23.01.2014 | UK
Nick Beecroft

No fewer than four Regional Fed Presidents are due to speak this week, plus Bernanke, and they represent a pretty wide spread of hawks, doves and centrists, so we should be able to watch their lips to get a better sense of whether the bond market was correct in its surprisingly large response to Friday's suspect US unemployment report.

ECB's Asset Quality Review Is a Work of Art - Minimalist Art

Nick Beecroft | Posted 23.01.2014 | UK
Nick Beecroft

Just another brick in the wall. In what is a potentially vital piece of the jigsaw in the project to keep the Euro afloat, the ECB had a mission: design a bank asset quality review that was just tough enough to gain credibility, but not too tough, for fear of scaring the horses and inducing queues of depositors to form outside banks when the results come out.

Carney and Draghi Make Their Mark

Nick Beecroft | Posted 03.09.2013 | UK
Nick Beecroft

In dramatic breaks with history, Mark Carney and Mario Draghi persuaded the Bank of England Monetary Policy Committee (BOE) and the European Central Bank Governing Council (ECB), respectively, to issue what amounted to forward guidance on the path of future monetary policy, without having to actually formally announce they had done so.

The EU Has Found a Compassionate Side

Nick Beecroft | Posted 31.07.2013 | UK Politics
Nick Beecroft

The EU seems finally to have got it. 'Austerity Infinite' was only ever going to succeed in taking us to very bad places indeed. At the best (and I'm afraid we're going to see this anyway), violent unrest on Southern European streets.

ECB Cannot Save Euro; Crisis Back With Vengeance?

Andy Langenkamp | Posted 15.07.2013 | UK
Andy Langenkamp

Edward Markus - founder, owner and chief analyst of ECR Research and ICC - is coauthor of this blog. Austerity vs Growth The focus in Europe is ...

ECB Fails to Restore Monetary Policy Transmission Mechanism

Vincent Forest | Posted 03.07.2013 | UK Politics
Vincent Forest

Overall, however, given the combination of the ECB's unwillingness to address financial market fragmentation and the current austerity drive in most euro zone countries, we continue to expect a continuation of the economic crisis in the remainder of the year.

ECB Rate Cut Points to a Lack of Collective Confidence

Jeremy Cook | Posted 03.07.2013 | UK
Jeremy Cook

The ECB has decided to cut rates by 25bps to a record low of 50bps this week, in a move that was widely expected. Despite much of the reporting of thi...

It's the Politics, Stupid!

Nick Beecroft | Posted 26.06.2013 | UK
Nick Beecroft

Another week, another reminder that keeping the Euro alive and well, (a generous term), is all just a game of politics.

Draghi -Master of the Universe or Just Human Like the Rest of Us?

Nick Beecroft | Posted 04.06.2013 | UK
Nick Beecroft

In last week's blog I confidently asserted that today we would be treated to another masterful performance from M.Draghi at the ECB's post-meeting new...

Vlad the Dutchman Had It Just About Right

Nick Beecroft | Posted 28.05.2013 | UK Politics
Nick Beecroft

Why is it that I always seem to have to write these pieces just before some binary event or other, usually of Eurozone origin, meaning that by Tuesday (in this case), I could look extremely foolish?! Oh well here goes: my feeling is that the Cypriot crisis will fade from memory over the next few weeks and won't lead to wider Eurozone contagion. There - I've said it.

The European Destruction Of Cyprus Has Begun

Daniel Furr | Posted 25.05.2013 | UK Politics
Daniel Furr

Brussels have decided the unravelling of the Euro and the wider European Project is unthinkable; in order to save the post-World War II consensus, principles and agreements are now void. The euro must be saved at all costs. Merkel has resigned to accepting the end will justify the means; a banking and political union must occur, regardless of the path of misery that awaits the periphery.

Inflationary Issue to Take Centre Stage in 2013

Jeremy Cook | Posted 10.03.2013 | UK Politics
Jeremy Cook

Inflation is going to be a big story in 2013 worldwide but especially for the UK. While the Bank of England's asset purchase program isn't in itself inflationary, the devaluation of sterling is. Our largest import through 2013, because of the Bank's monetary policy, will be inflation.

Kevin Pietersen Back in England Test Squad

James Hunt | Posted 18.12.2012 | UK Sport
James Hunt

Pietersen is England's best batsman, in all forms of the game. In fact, he's one of the most talented batsman England have ever had, certainly in recent years at least. An England side without him is an England side weakened, as evidenced in the performances against South Africa in the third Test, and more noticeably in the World T20.

Teargas And Petrol Bombs In Athens

The Huffington Post UK | Chris York | Posted 18.10.2012 | UK

A man died during violent clashes in Athens as 40,000 strikers pitted themselves against riot police on the streets of the Greek capital. Petrol bo...

The Changing Role of Europe's Central Bankers

Giles Gibson | Posted 04.12.2012 | UK
Giles Gibson

If we expect Europe's central bankers to find solutions to the increasingly desperate problems facing the eurozone, then they must be allowed to do so. Nagging fears that they are simply making it up as they go along must be pushed to the back of our minds.

The Cycle of Market Slump and Rally is Making me Feel Like I'm Featuring in Groundhog Day

Brian John Spencer | Posted 16.11.2012 | UK Politics
Brian John Spencer

The rhythmic rise and fall of market sentiment has become depressingly familiar; so much so that I feel like I'm stuck in some sort of time loop, with the same string of events repeating itself over and over again.

Decision Time in Lisbon

Ben Jones | Posted 31.10.2012 | UK Politics
Ben Jones

Portugal may well be the country where the eurozone's solidarity is put to the test. Patience with the Greek government's foot-dragging is wearing thin, but Portugal has done all that has been asked of it.

We Need to Talk About Kevin

Scott Thompson | Posted 24.10.2012 | UK Sport
Scott Thompson

The battle for the honour of being the world's best test cricket team should have been one of the highlights of the summer but the Kevin Pietersen saga has cast a very dark shadow over the spectacle. One that for the sake of English cricket needs to be resolved swiftly.

PICTURES: Cricket Fraternity Turn Out For Maynard Funeral

The Huffington Post UK/PA | Posted 04.07.2012 | UK Sport

Cricket star Tom Maynard will be laid to rest at a funeral service in Wales today. The former Glamorgan and Surrey batsman died last month after be...

What Can We Learn From the Cypriot and Spanish Bailouts?

Vincent Forest | Posted 28.08.2012 | UK
Vincent Forest

In the past two weeks, Spain and Cyprus have formally applied for eurozone rescue packages. Each case is a lesson for the eurozone and offers some indications of what the outcomes of the EU summit on June 28-29 should be.

Spanish Banks Need 'Up To €62 Bn' To Prop Up Financial Sector, Claims Audit

Huffington Post UK | Felicity Morse | Posted 21.06.2012 | UK

An independent audit of the Spanish banks have said that a bailout of up to €62 bn is needed to prop up the country's beleaguered financial sector. ...

Central Banks Might Have Another Hand to Play in This Greek Inspired Epic

Jeremy Cook | Posted 18.08.2012 | UK Politics
Jeremy Cook

So the crunch weekend has come and gone, and as the headlines said - "Greece has voted to stay in the euro". Despite what you might have read, these Greek elections were never going to present the world with a solution to the eurozone crisis and, at the time of writing, they haven't even given us a day's worth of gains in markets.

No Win No KP

Gemma Wright | Posted 08.08.2012 | UK Sport
Gemma Wright

The phrase 'cutting off their nose to spite their face' has been used in abundance in the last week in relation to the story that Kevin Pietersen has retired from international limited overs cricket. But there's a reason for that: it fits.