While renowned British fund manager Neil Woodford has labelled Donald Trump’s general election success a shock, he believes his actions will be more moderate in action.
The lack of progress in regards to Greece’s primary surplus targets is fuelling concerns that the country will fail to meet its debt repayments. This has caused chancellor George Osborne to "step up" Britain's contingency planning.
Time will tell whether the European Central Bank’s (ECB) €1.1tn quantitative easing (QE) package will have the desired impact on the real economy. Beating deflation is the paramount objective – how many times does the ECB have to reiterate its explicit mandate of maintaining price stability?
Beneath the headlines, recent data continues to mask the mixed realities faced by the currency union's members, especially those to the south of the Frankfurt-based European Central Bank (ECB) who is responsible for maintaining price stability across the bloc.
A Syriza election victory would obviously increase Greek credit risk – i.e. the higher probability of a country default – and raise concerns of a Greek exit from EMU. On balance, however, we believe that the market implications should be relatively contained.
Inflation in the Eurozone fell to 0.3 per cent in September, down from 0.4 per cent in August, according to the latest statistics. What effect will this have on the recovery?
President of the European Central Bank (ECB), Mario Draghi, said monetary policy will remain loose until inflation, currently mostly below 0.5 per cent, rises to a reasonable 2 per cent.
The UK is set to be the fastest-growing economy, with a projected 3.3 per cent growth rate both this quarter and next, outstripping the US and Germany, according to new figures.
Over half of UK SMEs are concerned about foreign exchange fluctuation and believe the euro zone crisis will only get worse. Through the use of incentives, such as awards, SMEs will find courage and be more likely to trade.
SMEs worldwide do not trust their local economies or government, but are, however, still planning for growth.
As investors around the world struggle with a decline in investable wealth, companies need to be nimble and re-think their business models.
Greece is both the cause and the solution of the problem. It’s time for Greece to leave the Eurozone, argues Stephen Archer.