The Corner | March 26, 2015 | The German economy is leading the way in yet more positive news for the eurozone, as consumer confidence reaches its highest level for 14 years. In Spain, business confidence is at it’s highest level for eight years, while concern about weak GDP figures in France may be offset by a recent improvement in consumption and exports.
The Corner | March 25, 2015 | EU data appears to show that the currency bloc is finally on the way to recovery. Figures from Spain today are likely to confirm the country’s improvement, but concerns remain about the predicament of the Greek economy.
The Corner | March 24, 2015 | Tragic events in the French Alps, as all 150 people on board Germanwings Flight 4U 9525 are feared dead.
MADRID | March 24, 2015 | By J.P Marín-Arrese | On face value, Europe is recovering from a bad spell while the US is growing at an invidious rate. However, the wild currency swing may yet destabilise the global economy. Janet Yellen’s remarks on the threat of an overvalued dollar were designed to preserve a balanced performance, and indeed sparked a quick reaction in exchange rates. Yet, as the ECB unfurls its massive quantitative easing programme, volatility in the currency markets could inflict further damage.
MADRID | March 23, 2015 | By Sean Duffy | Unemployment levels in the region are the highest in Spain. The winning socialist party has been involved in serious corruption cases, yet it managed to kick off a year of crucial elections in the country by holding on to the territory they have governed for 35 years.
The Corner | March 23, 2015 | Mario Draghi’s speech will be in focus as traders seek further information on the effect the ECB’s QE programme is having. This week is likely to see strong growth figures posted in the US, while inflation in the eurozone will continue to languish. Greece will again be under the microscope on international markets, as direct talks between leader Alexis Tsipras and German Chancellor Angela Merkel finally get under way.
March 20, 2015 | By Wolfango Piccoli via MacroPolis | The Greek government faces a dire financial situation in the coming weeks, especially as lenders are unlikely to relent on the conditions of last month’s loan extension.
The Corner | March 20, 2015 | There may be some volatility on European markets in the day ahead, as late night talks between the Greeek government and members of creditor nations, the European Commission and the European Central Bank failed to unlock funds for Athens’ faltering economy.
FRANKFURT| March 19, 2015 | By Lidia Conde | The German economy is posting impressive growth figures, but does the country’s success act as a help or hindrance to it’s European partners?
MADRID | March 17, 2015 | By JP Marín Arrese | The cliffhanger tactics applied by Varoufakis have backfired. He has lost precious time in his bid to baptise the barbarous Troika under the more Christian and palatable name of Institutions.