Mind The Gap

No sooner had the issue of the FOMC ‘non taper’ been addressed and attention shifted to the overnight/early morning Asian session, in which the BOJ governor stated his belief that the current monetary easing programme the BOJ are engaged in, is having a positive effect in the economy. If that belief is contained to creating […]

Whilst the markets await the FOMC (Fed) decision this evening Greece state workers strike “Will the FOMC meeting result in a taper, if so by how much and for how long?” are the series of questions we’ll find the answers to this evening as the second day of the FOMC meeting begins at 7:30 PM

Investors Concentrate On FOMC Meeting Over Next Two Days As ‘T Day’ Arrives So finally and after much debate, ‘T’ day could be here, ‘tapering day’. The volume of commentary published regarding; “will they won’t they, if so when?” has been considerable over recent months. However, during the latest two day meeting of the FOMC

Larry Summers steps back from Fed chair nomination, equities markets rally and dollar falls The news that Larry Summers does not want to be considered as the replacement for Ben Bernanke as the chairman of the USA Fed, once Bernanke retires in January 2014, caused many of the global equity indices and equity index futures

Greece’s issues are back in focus Greece’s crisis is expected to be back on the agenda again today with many analysts and commentators predicting that Greece will need another bailout, perhaps two. The meeting of eurozone finance ministers gets under way in Vilnius, Lithuania this morning as international lenders predict Greece will need another ‘micro’

Australia’s unemployment rate creeps up as Italian industrial production slips into the red Global equity markets have been delivered a mild shock to the system this morning in the form of official data that did not conform with the predictions the economists polled had suggested. Once again these poor figures illustrate that the recoveries, in

Manuel Barroso suggests banking reform and believes Europe’s economic woes are nearly over, whilst European shares approach three year high. Manuel Barroso, the president of the European Commission, has delivered a ‘state of the union speech’ in Strasbourg this morning. Manuel Barroso’s speech came after grave predictions that Greece will need further help at least

France served up two disappointing sets of data and information this morning; a government minister admitted that the 2013 deficit will miss its target, whilst industrial production missed the expectations of the economists polled in a recent survey. Once again this survey and comments suggests that certain European countries, such as France, have some way

Japanese Data Defies Expectations, Whilst The UK’s Chancellor Beats The UK Business Drum Good news and bad news greeted Japan’s economy this morning; a consumer confidence survey came in down for the third successive month in series, whilst Japan’s GDP figure increased to 0.9%, suggesting that once again the country’s economy is experiencing a form

Germany’s Trade Surplus Shrinks As The UK Posts Poor Trade And Production Results You have to wonder if the UK government and various business journalists have been premature in calling the UK’s recession over and suggesting that the UK is in a pattern of growth. Technically the UK recession is over and revisionist ONS figures