Market Analysis

MARKET OVERVIEW   2012-12-27 14:17 GMT Fiscal cliff looms as US lawmakers play game of brinkmanship The “fiscal cliff” steadfastly approaches and it is a fair assumption that no one will come up with a deal in time to stop the country from careening off the edge. Nearly everyone involved claims they want to avoid […]

MARKET OVERVIEW   2012-12-24 09:54 GMT Fiscal Cliff talks remain deadlocked Negotiations between the Democrats and Republicans on deficit-cutting measures aimed at avoiding the so-called fiscal cliff fell apart last Friday, after House Speaker John Boehner failed to bring his ‘Plan B’ bill to a vote. US lawmakers have now just one week left to

MARKET OVERVIEW   2012-12-26 07:10 GMT Year In Preview: What Will 2013 Bring for the Euro? Another year has gone by and a lot has happened in the last twelve months, even as the European financial crisis continues to persist. But, taking a look at the next twelve months, and it’s easy to see that

MARKET OVERVIEW   2012-12-24 07:15 GMT Boehner’s ‘Plan B’ bill vote canceled News has hit the newswires that there will be no vote on ‘Plan B’ this evening due to lack of Republican support. Speaker John Boehner has pulled his own bill, and his office has just released a statement that says, in part: “The

MARKET OVERVIEW 2012-12-19 16:06 GMT All Eyes On Bank of Japan Following Abe Win Now that the Japanese lower house elections are over, trader focus is being placed on the Bank of Japan’s monetary policy decision – taking place over the next two days. This decision will be important one for the underlying currency, which

MARKET OVERVIEW 2012-12-18 23:04 GMT Standard & Poor’s upgrades Greece from selective default to B- outlook stable Two weeks later after credit agency Standar & Poor’s downgraded Greece to selective default, it has lifted again the rating to -B, two notches higher than expected back in December 05 when the initial downgrade took place, on

MARKET OVERVIEW 2012-12-17 16:40 GMT Fiscal Cliff Talks Thaw It seems that Republican stances are softening as the clock ticks down to the New Year, and the US approaches the activation of the Fiscal Cliff. In the newest round of discussions, Republican leaders led by House Speaker John Boehner have conceded to allowing a tax

MARKET OVERVIEW 2012-12-14 07:00 GMT U.S. Fiscal Cliff: Republican leadership softens stance on tax rates The Fiscal Cliff negotiations are showing signs of progress after the weekend brought an offer from GOP lawmakers to allow tax rates to rise on those making more than $1mn; President Obama had been demanding that tax rates rise on

MARKET OVERVIEW 2012-12-14 07:00 GMT Leaders debate EMU consolidation after bank supervision deal In order to achieve the completion of EMU, the 27-countries bloc made further progress on the roadmap to achieve such goals, after the agreement for a Euro bank supervisor by the ECB earlier on the week, which will police north of 200

MARKET OVERVIEW 2012-12-13 07:15 GMT Deal on ECB to oversight top EZ banks by end 2013 After the agreement among EU finance ministers to allow the ECB to supervise banks in the Euro-zone, a stream of follow-up headlines continues via Reuters, saying that the ECB new supervisory role should be up and running by end