Morning Call: June 03, 2015 EUR rockets on Greece Deal, or was it a Deal? Euro focus on ECB Today. Inflation and better data cause a shift? Meanwhile, watch the Bonds, Job Friday, could start the next leg to higher […]
EU Leaders Agree on Prolonged Sanctions against Russia
The political leaders of the 28 EU-countries agreed to prolong the economic sanctions against Russia. The EU made it a condition, that Russia fulfills the Minsk protocol. Moreover, Russia has to give […]
A deflationary stagnation is coming. Germany’s economy shrank in the second quarter and France continued its no growth performance. Some have blamed the tit-for-tat sanctions with Russia, others may not be so sure.
Last week it was reported that, Europe’s largest […]
EU dismal job picture 2014 – more Euro downside? I was amused by a recent post in Zerohedge: “If You’re Waiting For An Economic Collapse, Just Look At What Is Happening To Europe.” Yes the EU crisis may in fact […]
Italy decides 2013 – new direction for Europe? Polling stations in Italy are opened for two days of voting in an election to choose a successor to the Italian technocrat government of Mario Monti. Mr Monti was appointed just over […]