Mark Deans, Moneycorp

Daily brief: Moneycorp

Mark Deans, Dealing Manager at Moneycorp

Unexpected weakness in the States

3 July 2012
Since the turn of the century Britain has enjoyed roughly one public inquiry per year, but in 2012 ministers had been unable to identify a suitable candidate so far.

Euroland crisis officially ended?

29 June 2012
EU presidents have announced a "breakthrough" agreement that will allow the bailout funds to provide recapitalisation finance direct to ailing banks.

Make or break for the euro

28 June 2012
At the height of the global financial crisis there was considerable suspicion that Libor – the London Interbank Offered Rate – was being manipulated.

Merkel dismisses eurobonds

27 June 2012
A long-term plan for a quasi-fiscal-union appears to be the backbone of the EU's effort to sort out the sovereign debt crisis and it will be discussed at the summit meeting.

Merkel sticks the knife in; Schäuble gives it a twist

25 June 2012
According to Mario Monti's comment last week, there are now only four days left in which to hammer out a deal to save the euro.

All eyes on Rome summit

22 June 2012
Coalition life is tough in London. It must be desperate in Athens, where three disparate parties must agree on far weightier matters.

New coalition for Greece

21 June 2012
Yesterday's story that Germany's Chancellor Merkel would support a €600bn fund to support the price of Spanish and Italian bonds has already been bubbled.

New bailout pot for Spain and Italy?

20 June 2012
US President Barak Obama led a cadre of nations demanding that Euroland's leaders extract their collective digit and sort out the mess that is euro area sovereign debt.

Spain’s borrowing costs to rise while IMF wins new support

19 June 2012
The strain of fielding one crisis after another is beginning to tell. It showed yesterday when one of the EU presidents responded tetchily to a journalist who asked him why North Americans should risk their assets to help Europe.

Massive defeat for Schadenfreude: so is the euro safe?

18 June 2012
In Greece the centre-right New Democracy knocked the populist pan-European Schadenfreude party into fourth place behind anti-austerity Syriza and pro-austerity Pasok.

Chancellor announces “bank funding scheme”

15 June 2012
Less than a week after Brussels signed off a €100bn rescue package for Spain, the country's borrowing costs have risen to their highest point since the inception of the euro.

Progress of a sort on Euroland banking integration

14 June 2012
The EU leaders' latest answer, leaked in beta form yesterday to pre-empt Sunday's Greek election, is a long-awaited response to the question of joint bank guarantees.

Osborne ponders Greek euro exit

13 June 2012
At a conference in London yesterday George Osborne wondered out loud whether it would be worth chucking Greece out of the euro to teach German taxpayers a lesson.

Italian and Spanish bond yields rise; euro falls

12 June 2012
In Greece, as in Ireland and Portugal, there has been a sense-of-humour failure about the way Spain has apparently received preferential treatment from bailout bosses.

Markets reacting positively to Spain’s weekend bailout

11 June 2012
EU leaders are trying to put the Euroland crisis right. They have agreed to a €100bn bailout for Spain so the government can patch up the country's troubled banks.