We have the things we can do and we’ll do what’s necessary Obviously the crucial thing is growth Must keep pulling all the levers to return GDP to uptrend He’s no Draghi is he?
Says Draghi has signalled the real problem of weak growth Says more action from the ECB is welcome Of course it is my old China as it means you don’t have to get off your arse and fix things yourself. … Continue reading
Brent is up $2 from today’s lows and WIT a smidge less after the PBOC look to stop the rot of a slowdown. That’s been a breath of fresh air to oil which has been languishing around this months lows. … Continue reading
Tax receipts are unlikely to meet forecasts for the year reports the OBR. As noted earlier, there are a number of factors that mean that receipts growth for the whole of 2014-15 is likely to be lower than forecast in … Continue reading
Not sure where he’s speaking (Maybe at the same conference as Draghi & Co) but the Irish central bank head is one the QE bandwagon. Adds; ECB view is that rates can’t go lower Future ECB action will focus on … Continue reading
Forex news from the European morning session 21 November 2014 News: More from Draghi: ECB would broaden purchases if inflation risks materialize Draghi says ECB has reached lower bound on interest rates PBOC cuts interest rates PBOC says economy … Continue reading
The sly old fox has managed to torpedo the euro once again with his silver tongue, just when many were starting to think that the ride lower was over. Greg had a great post on the euro yesterday and the pair … Continue reading
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