Mark Deans, Moneycorp
Daily brief: Moneycorp
Mark Deans, Dealing Manager at Moneycorp
16 August 2012
America has hit upon a way to avoid the "fiscal cliff" towards which the US economy would be heading if no way were found to balance taxation and public spending.
15 August 2012
Today the media could have covered the $340m blackmail of a British bank in New York, or Sunderland City Council's policy of giving staff business class tickets to avoid infringing their human rights...
14 August 2012
There was little chance of any cheering on Monday, other than of the muted kind for the return of Angela Merkel from her hiking holiday in the Alps.
13 August 2012
Sir Mervyn King: "The Games cannot alter the underlying economic situation we face." But is he being too pessimistic?
10 August 2012
A week after the ECB president set out his vision of a new Euroland, where the strong countries look after the weak, the single currency is falling back into disfavour.
9 August 2012
Unfair advantage is not an accusation that sterling often has to confront. The best it can usually achieve these days is to look less 'orrid than the opposition...
8 August 2012
Yesterday's UK manufacturing and industrial production figures were bad, with manufacturing output falling by -2.9% and production by -2.5%, but not as awful as the -4.1% and -3.4% analysts had predicted.
7 August 2012
It looks as though Germany has disfriended Italy following Mario Monti's comments last week. The leader of Bavaria's Social Christian party said: "We must make it clear to Mr Monti that we Germans will not shut down our democracy to pay Italian debts."
6 August 2012
Legitimacy and acceptability are not the same thing, as certain bank CEOs have discovered in the last few years...
3 August 2012
Opinion is deeply divided about the European Central Bank president's presentation yesterday. Some see it as yet more procrastination; others believe his plan has the potential for success.
2 August 2012
An investors' conference in London might turn out not have been the wisest choice of venue for European Central Bank President Mario Draghi's "whatever it takes" pledge.
1 August 2012
Exactly how much business London is still open for will become clearer by the end of the week, when all the UK purchasing managers' index readings have been collated.
31 July 2012
On Thursday, in his "Whatever It Takes" speech, European Central Bank President Mario Draghi likened the euro to a bumble bee "because it shouldn't fly but instead it does"...
30 July 2012
Leaders of France and Germany have given their support to the European Central Bank's determination to do "whatever it takes" to save the single currency.
27 July 2012
European Central Bank President Mario Draghi addressed the Global Investment Conference in London yesterday. He got off to a nervous start when he said "I wouldn't use the word 'sell'," and he sounded doubtful when he likened the euro to a bumble bee "because it shouldn't fly but instead it does"...