Friday, August 31, 2012

German labour market worsens in small steps

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German unemployment increased by a non-seasonally adjusted 29,100 in August, bringing the number of unemployment to the highest since April ...
Monday, August 27, 2012

Ifo continues downward slide

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The downward slide continues as German companies are increasingly becoming pessimistic about the future. The Ifo index continued its recent ...
Wednesday, August 22, 2012

Solid German growth confirmed - curse or blessing for Merkel?

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Solid growth confirmed. The second estimate of the statistical office confirmed that the German economy defied the euro crisis in the firs...
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Thursday, August 2, 2012

Eurozone - Draghi misses out on Olympic medal

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In a way, today’s ECB meeting had a lot in common with the last EU summit in June. The ECB did not deliver the big bazooka some market parti...
Tuesday, July 31, 2012

Gradual slowing of German labour market continues

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German unemployment increased by a non-seasonally adjusted 66,900 in July, bringing the number of unemployment to the highest level since Ap...
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ECB preview - Draghi's dilemma

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Latest comments from several government leaders and Mario Draghi have increased the stakes for Thursday’s ECB meeting. The pledge to do “wha...
Thursday, July 26, 2012

Eurozone - (desperate) attempt to load the bazooka?

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Markets reacted cheerfully to Austrian central bank governor Nowotny’s comments on a possible banking licence for the ESM. Too cheerfully, i...