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Category: euro

ECB Launches New Pandemic-Specific Liquidity Backstops. Says ‘Fully Prepared’ To Increase Asset Purchases

April 30, 2020April 30, 2020

A Herculean task.

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‘Historic’: Markets Marvel At Scope Of Europe’s Record Collapse On GDP Day

April 30, 2020April 30, 2020

“…a recession like the one we’re currently in is unprecedented.”

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Not Even Mass Death Can Forge A Fiscal Union In Europe

April 8, 2020April 8, 2020

Even a pandemic can’t heal old divisions.

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6 Comments on Not Even Mass Death Can Forge A Fiscal Union In Europe

ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore

March 18, 2020March 19, 2020

“The Governing Council will do everything necessary.”

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4 Comments on ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore

Christine Lagarde Has 2008 Déjà Vu (Mrs. Lancaster)

March 11, 2020March 11, 2020

Good luck, Christine – you’re gonna need it.

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2 Comments on Christine Lagarde Has 2008 Déjà Vu (Mrs. Lancaster)

Europe’s ‘Miserable’ Industrial Recession Deepened In December

February 12, 2020

How’s that austerity workin’ out for you?

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3 Comments on Europe’s ‘Miserable’ Industrial Recession Deepened In December

So Much For ‘Green Shoots’: Europe Posts Worst Quarter For Growth In Almost Seven Years

January 31, 2020January 31, 2020

Japanification.

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1 Comment on So Much For ‘Green Shoots’: Europe Posts Worst Quarter For Growth In Almost Seven Years

Amid Global Euphoria, European Volatility Gauge Dives To Record Low

January 17, 2020January 17, 2020

‘Japanification’ is good!

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Euro-Area Inflation Rises Most In 8 Months Just In Time For World War III To Push Oil Prices To $800

January 7, 2020

We jest. Hopefully.

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2019’s Dominant Trends Reverse In Year-End Shuffle

December 31, 2019December 31, 2019

Don’t read too much into it.

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2 Comments on 2019’s Dominant Trends Reverse In Year-End Shuffle

Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.

December 12, 2019December 14, 2019

A decent debut, complete with a memorable quote.

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Lagarde Era Begins At ECB

December 12, 2019December 14, 2019

Stepping out of the shadow.

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Europe’s Very Bad Day Comes Courtesy Of Perfect Storm

December 2, 2019December 2, 2019

Such are the tragic ironies…

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Hunting For Free Money In Europe’s ‘Cosmopolitan’ Bond Market

November 25, 2019November 25, 2019

More tales from “this topsy-turvy world”.

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2 Comments on Hunting For Free Money In Europe’s ‘Cosmopolitan’ Bond Market

‘QE Infinity’ Debate Took Center Stage At Rebellious September ECB Meeting, Minutes Show

October 10, 2019October 10, 2019

“A remark was made that an open-ended announcement could give rise to”…

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‘Quick Answers Must Be Found’ As Eurozone Investor Sentiment Plunges Amid Worsening German Factory Malaise

October 7, 2019

“There is no positive reaction to central banks”.

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1 Comment on ‘Quick Answers Must Be Found’ As Eurozone Investor Sentiment Plunges Amid Worsening German Factory Malaise

Recession Whispers Now Loud Screams As Europe Stagnates

October 3, 2019October 3, 2019

“The risk of recession is now very real”.

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Markets Scream For Stimulus As Deflation Comes For South Korea, Japanification Grips Europe

October 1, 2019October 1, 2019

Monetary, fiscal… whatever you’ve got.

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5 Comments on Markets Scream For Stimulus As Deflation Comes For South Korea, Japanification Grips Europe

ECB Hawks Go Hunting, Say Draghi May Have Made ‘A Mistake’ With New Easing

September 13, 2019

“There are increasing signs of scarcity of low-risk assets [and] distorted pricing”.

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2 Comments on ECB Hawks Go Hunting, Say Draghi May Have Made ‘A Mistake’ With New Easing

Christine Lagarde Inherits ‘Unprecedented’ ECB Split After QE ‘Revolt’

September 12, 2019

Dissenters in our midst.

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Draghi Sees Scope For New QE To Last ‘Quite A Long Time’ As ECB Slashes All Inflation Forecasts

September 12, 2019September 12, 2019

“QE-Infinity” is real – with a caveat.

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7 Comments on Draghi Sees Scope For New QE To Last ‘Quite A Long Time’ As ECB Slashes All Inflation Forecasts

Trump Lashes Out At Mario Draghi Again, Says ‘Bonehead’ Powell ‘Just Sits And Sits’

September 12, 2019

“They are trying, and succeeding, in depreciating the Euro”.

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3 Comments on Trump Lashes Out At Mario Draghi Again, Says ‘Bonehead’ Powell ‘Just Sits And Sits’

As ‘Super Mario’ Steps Up To Bat, ‘Markets Are Vulnerable To A Correction’

September 8, 2019

Let’s see if he has one more rabbit in the hat.

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1 Comment on As ‘Super Mario’ Steps Up To Bat, ‘Markets Are Vulnerable To A Correction’

What’s Behind Friday’s ‘Crazy’ Euro Collapse

August 30, 2019August 30, 2019

Lots of things, probably.

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Central Banks Need To ‘Disappoint Markets’: On Way Out Door, Nowotny Says ECB Won’t Buy Stocks

August 30, 2019August 30, 2019

“I am of the opinion that central banks should be the decisive institution”.

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How Christine Lagarde Will Run The ECB, In Her Own Words

August 29, 2019August 29, 2019

“Policy normalization is premature”.

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It’s Those Darn Hawks Again – Klaas Knot Makes An Unwelcome Cameo

August 29, 2019

Keeping the (non-existent) powder dry.

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