Week End Blog – A Swiss Earthquake!
This already wasn’t the smoothest of starts of the year, but the Swiss Central Bank decided to make things really interesting. In quite a surprise move (there were some rumors […]
Tag Archives: Interest rate
Has the euro depreciation commenced?
For some years now, a big part of the movement of the euro against the US dollar is explained by two factors; the ratio of the size of the balance […]
Week End Blog – Deflation?, China and Jobs
Just 0.5%. That is the latest inflation level in the Eurozone. But, as temporary factors are believed to have pushed down the inflation rate, the ECB has not taken any […]
WEEK END BLOG – China, Gold and Bitcoin
Although we can be certain that Chinese economic growth will be between 7% and 7.5% this year, the way we get there is very uncertain. Recent macro data have been […]
QE by the ECB, a turning point for the euro
A major shift in monetary policy could be on the horizon. Yesterday, Bundesbank President Weidmann stated that “a QE program is not out of the question”. Of course that quote […]
Will the Fed go bankrupt?
The simple answer is no. A few years ago, the Fed quietly issued a memorandum in which it stated that any bond losses the agency suffered would be made up […]
Quick Fact: European and US bond yields remain strongly correlated
The Eurozone economy will shrink about 0.5% this year, and grow only 1% at best next year. Inflation will average 0.4% this year and 1.6% in 2014, according to Bloomberg […]
