- Expert Views
Daily brief: Moneycorp
Posted on: 4 August 2014
It has been raining in Lisboa, where the central bank has drained its Resolution Fund to rescue Banco Espirito Santo from bankruptcy. But no contribution will be needed from taxpayers: this time, the euro zone is having a good crisis.
Posted on: 1 August 2014
The Loonie had an exhilarating afternoon following news of a spirited 0.4% economic expansion for Canada in May.
Posted on: 31 July 2014
Driverless cars have been allowed on Britain's roads for more than a century. From January, they will be allowed to move from one parking place to another without drivers too.
Posted on: 30 July 2014
EU leaders have at last agreed what can and cannot be sold to Russia under the new sanctions. Electrical pulse generators, flame throwers and symmetric algorithms all figure on the list of banned items but aircraft carriers are alright.
Posted on: 29 July 2014
Ten-tick moves were the order of the day for the euro, the franc, the yen, the pound and the US, Canadian and Australian dollars.
Posted on: 28 July 2014
Palaeontologists at Edinburgh university reckon an unfortunate combination of circumstances including volcanoes, scarce food and a giant asteroid caused the extinction of dinosaurs 66m years ago.
Posted on: 25 July 2014
A confession by the European Central Bank on Thursday revealed that hackers had "stolen... email addresses and contact information".
Posted on: 24 July 2014
One day the euro will fall out of bed. It could have been yesterday; Tuesday's attack had teed it up nicely for a full-blooded onslaught that could have sent the euro on its way to a four-and-a-half-cent drop against the US dollar.
Posted on: 23 July 2014
The Aussie was Tuesday's joint leader alongside the South African rand. It managed two bites at the cherry, the first when US inflation came in slightly below forecast and the second when the Australian reading was higher than expected.
Posted on: 22 July 2014
On Monday investors did their best to get excited about the monthly fall in Rightmove's index of UK real estate asking prices, the declines in Italian industrial orders and sales and the microscopic slippage in the Chicago Federal Reserve's national activity index.
Posted on: 21 July 2014
Investors once again demonstrated their ability to brush off bad news. Having reconsidered the bloodshed in Gaza and Ukraine they came to the conclusion that there was no need to panic about the possibility of negative effects on the global economy.
Posted on: 17 July 2014
For the second time in as many days Federal Reserve Chairperson Janet Yellen told Congress that US interest rates are likely to go up sooner than most people expect.
Posted on: 16 July 2014
Investors had been looking for an incremental rise in inflation from 1.5% to 1.6%. Instead it jumped to 1.9%, within a tick of the Bank of England's 2% target.
Posted on: 15 July 2014
Sterling and the Japanese yen brought up the rear of the field on Monday. Investors had no particular problem with either currency.
Posted on: 14 July 2014
Sterling's performance on Friday was not quite up to world championship standard but it easily made it into the top eight.