eurozone drops back into recession
The eurozone has returned to recession after official data suggested the currency bloc’s economic growth contracted for a second quarter running.
Macro News
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US-focused Geffen predicts positive surprises
Equities are cheap, markets lack conviction and, with the global economy at a turning point, there's plenty of potential for positive surprises, according to Neptune's Robin Geffen.
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inflation jumps to during october
UK inflation showed a surprise jump in October as university tuition fees, food and transport pushed up prices by more than economists expected.
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japan heads towards recession
Japanese GDP contracted during the third quarter of the year, heightening concerns that the world’s third-largest economy is heading back into recession.
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qe extended by the back door
The Bank of England has changed how its asset purchase facility (APF) is managed, in a move which amounts to further loosening of UK monetary policy.
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former mpc member urges no more qe
The Bank of England should not extend its quantitative easing (QE) programme past the current £375bn, according a former member of the Monetary Policy Committee (MPC).
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bank holds off on stimulus
The Bank of England has decided against extending its quantitative easing (QE) programme after the last bout of £50bn expired.
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uk facing its own fiscal cliff warns ignis thomson
The UK will be standing on the edge of its own fiscal cliff next year if the Government stands by its austerity measures, Ignis Asset Management's Stuart Thomson has warned.
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growth hope fades as uk services slow
Growth in the UK’s dominant service sector slowed to a “marginal pace” in October, adding to concerns that the third quarter’s strong GDP number failed to mark the start of recovery.
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cult of total return is over warns pimcos gross
Weak global growth and ongoing financial repression mean investors should expect to see “bite-sized” gains and not the total returns achieved in the past, according to Pimco’s Bill Gross.
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cbi forecasts flat uk growth for 2012
The UK’s growth will be flat in 2012, the Confederation of British Industry (CBI) predicts, after the strong expansion of the third quarter pulled the country from recession.
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l and g economist forced to backtrack
Former pessimistic scenarios on the UK’s economic recovery are being upgraded as the flexible nature of the labour force is praised for being better than its peers.