Tag Archives: Angela Merkel

29.06.12

Spain & Italy Force Merkel into Corner Over Bailout Loan

Euro surge on EU bond support. Dollar slips as risk on mood takes hold. Sterling mixed as GBP/EUR falls but cable trades higher. Commodity currencies rally on EU move. For more information see tool bar above, click ‘Market Data’ then … Continue reading

Categories: Market Commentary.

29.03.12

US Economic Growth Figure Due Today – Recovery or Not?

Sterling retrieves against the dollar, recovering from worse economic data. Euro advances on Merkel’s encouragement of rising rescue funds. Dollar capped gains ahead of GDP figure due today. Yen trading higher as the investors favourite safe asset. For more information … Continue reading

Categories: Market Commentary.

26.01.12

Bernanke Says More QE Possible

Sterling falls vs euro on weak GDP, QE prospect. Merkel Now Doubts That Greece Can Be Saved. US interest rates to remain low until at least 2014. Switzerland Must Be ‘Vigilant’ on Risks of Franc Limit to Euro, FSB Says. … Continue reading

Categories: Market Commentary.

10.01.12

Sterling near 16 month high as euro pressured by debt worries. Euro holds gains against dollar before Merkel and Lagarde meeting. Dollar forecast to strengthen further in 2012. Currency test looms for Interim Swiss Central Bank Chief. For more information … Continue reading

Categories: Market Commentary.

09.01.12

‘Merkozy’ Meets Today As Euro Remains On Back Foot.

Sterling holds near 15 month highs versus euro. Merkel and Sarkozy to meet today to discuss eurozone debt crisis. Greenback continues to gain versus majors on safe haven play. This Thursday see’s interest rate decisions by BoE & ECB. For … Continue reading

Categories: Market Commentary.

09.12.11

New Scapegoat Tops French Santa List.

Cameron Declines to bow to Merkozy Threats. ECB cuts interest rates by 25 basis points. Draghi bombshell of no more bond buying sends single currency lower. BoE keeps UK interest rates on hold, sterling stands firm. Currency markets to remain … Continue reading

Categories: Market Commentary.

07.12.11

Merkel & Sarkozy Threaten To Get Out The Big Guns In The Form Of A Financial Bazooka At EU Summit.

Euro rallies on speculation EU leaders will sort out debt crisis. Sterling down as talk of more QE puts pound under pressure. Global equities rise as dollar is sold off. Commodity currencies post gains as investors take on more risk. … Continue reading

Categories: Market Commentary.

06.12.11

Merkel, Sarkozy Unite on EU Revamp.

Sterling rallies against the euro. Merkel & Sarkozy unite as S + P issues warning. Non farm payrolls in line with expectations. Aussie dollar falls after RBA rate cut. For more information see tool bar above, click ‘Market Data’ then … Continue reading

Categories: Market Commentary.

03.11.11

Should I Stay Or Should I Go? If Greece stays there will be trouble, if Greece goes it will be double!

Merkel & Sarkozy tell Greece thery’re either in the eurozone or their out! EU suspends €8bn in Greek aid. Euro remains under pressure against major’s. Fed signals no new firm action to boost growth as dollar rises on risk aversion. … Continue reading

Categories: Market Commentary.

10.10.11

Small improvement in risk appetite but Dexia bites the dust.

Euro recovers as Sarkozy and Merkel pledge to stamp out debt crises. Dollar falls as markets warm to Friday’s payrolls data & Europes plan. Sterling holds firm despite rallying euro and QE2 move by BoE. Pound may see further pressure, … Continue reading

Categories: Market Commentary.