Posts Tagged ‘ECB’
Wed Jun 23, 2010 18:36 BST |
Financial markets seem to have a very short memory span when it comes to aligning with macroeconomic fundamentals these days. Though the release of housing sales numbers in the US today and the short-lived euphoria of China’s loosening of its exchange rate regime at the start of the week seem to have shaken up equities [Read more...]
Tags: asset prices, Bundesbank, competitive, competitiveness, Construction, debt deflation, deflation, ECB, ERM-2, euro, Eurozone, Germany, Greece, housing bubble, internal devaluation, ireland, Italy, labour costs, Portugal, Spain, unemployment
Posted in: Eurozone, Inflation/Deflation
Fri May 7, 2010 16:05 BST |
Recent developments in global markets have largely reaffirmed BMI’s pre-existing key views on the eurozone (it looks bad), deflation and inflation (it’s deflation), and the outlook for growth in the second half of 2010 (our expectation for a slowdown is looking better and better). Mark Schaltuper is joined by Tim Cooper, BMI’s Chief Economist, to [Read more...]

Global Meltdown [11:42m]
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Tags: 1000 points, Athens, bunds, Double Dip, Dow Jones, ECB, euro, Euro-zone, Germany, global markets, Greece, Greek bailout, meltdown, rally, Trichet
Posted in: China, Equities, Eurozone, Financials, General, Inflation/Deflation, Podcast, US
Fri May 7, 2010 15:51 BST |
On May 6, a day when the Dow had at one point dropped by a record 1,000 points, when German 2-year bond yields dropped 10bps to a record low 0.46% and when the spread of the 10-year Greek over German bond yields spiked to a record high 850bps, the Governing Council of the European Central [Read more...]
Tags: Crisis Response, ECB, euro, Eurozone, Greece, interest rates, Jean-Claude Trichet, monetary policy, Quote, Stability and Growth Pact
Posted in: Currencies, Emerging Europe, Equities, Eurozone, Financials, General, Inflation/Deflation
Tue Feb 2, 2010 16:55 GMT |
We have previously highlighted on Risk Watchdog how the aftermath of the global financial crisis has exposed the structural imbalances in many developed economies, while also singling out those emerging markets which are in a fundamentally sound position to exploit the global economic recovery. Poland and Greece are certainly two prime examples at opposite ends [Read more...]
Tags: CDS, Default, ECB, Eurozone, fiscal, fiscal crisis, fiscal policy, Greece, Poland, sovereign debt, sovereign default
Posted in: Emerging Europe, Eurozone, Financials
Fri May 8, 2009 14:27 BST |
After Thursday’s European Central Bank (ECB) announcement that they were cutting rates by 25 basis points to 1.00% and pumping ever more money into the markets, Business Monitor International’s Global Economic Strategist, David Snowdon, appeared on CNBC to talk about the move.
At the core of the ECB’s decision was the realisation of quite how terrible [Read more...]
Tags: ECB, European Central Bank, Eurozone, interest rates, recession, recovery
Posted in: Emerging Europe, Eurozone, General
Wed Mar 4, 2009 18:30 GMT |
I am of the belief that the European Central Bank (ECB) will cut its key interest rate to 1.00% by the end of 2009 from 2.00% at present.
The economic outlook for the eurozone is bleak to say the least, with Business Monitor International forecasting a 3.0% contraction in GDP in 2009. Meanwhile, inflation is in [Read more...]
Tags: 1.00%, banking sector crisis, cut, ECB, European Central Bank, interest rates, monetary easing
Posted in: Currencies, Emerging Europe, Eurozone, General, Inflation/Deflation