Category Archives: Euro

“The European Union borders and the Schengen borders will be closed”

Posted on March 16, 2020 by macromon

It’s becoming pretty clear to us that the world is going to look much different on the other side of this crisis.  Diminished global supply chains and more nationalism.  Slower growth and higher inflation. Much will depend on the outcome … Continue reading →

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Spain snap election – Euronews

Posted on February 15, 2019 by macromon
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Mme. Euro’s Wild Ride

Posted on January 2, 2019 by macromon

Buying the euro with an 80 cent handle was such a no-brainer at the beginning of the millennium.  Here?  A much tougher call. We do think the euro, in its current form, will not last. We suspect the first step, … Continue reading →

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As Everyone Looks Right, Germany Is Swinging Left

Posted on November 3, 2018 by macromon

This is stunning and a shocker. The support for Germany’s Green Party has doubled since the beginning of the year, while the right-wing Alternative for Germany (AfD), after peaking in the summer, is right back where it was.   The AfD, … Continue reading →

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Why Gold Is Such A Dog

Posted on July 20, 2018 by macromon

Summary Gold prices have been in a bear market since the August 2011 peak at $1920 Prices are making new 52-week lows Gold has primarily been a monetary asset throughout history and moves closely with the global monetary base (GMB), … Continue reading →

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Eurozone Finance Ministers Weigh Up Debt Relief

Posted on June 21, 2018 by macromon

At the 20th Eurogroup meeting of Eurozone finance ministers, the Greek economy was on the agenda. They are weighing up the question of debt relief for Greece as well as the surveillance of its economy in the years to come.… … Continue reading →

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Greece’s economy at a turning point?

Posted on June 20, 2018 by macromon

Eurozone FInance Ministers will on Thursday settle the future of Greece’s debt relief programme. After 8 years of austerity, the country is showing signs of progress. But Greeks abroad show no sign of coming home, according to a recent survey.… … Continue reading →

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Who is Spain’s new prime minister?

Posted on June 1, 2018 by macromon

► Read – Spanish parliament votes to replace Rajoy with Sánchez as PM https://on.ft.com/2JbWrCt

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Swan Lake – May 31

Posted on May 31, 2018 by macromon

Italy calmer as market turns it focus on trade wars. Deutsche Bank making all-time lows as it was hammered again due to its U.S. business put on problem bank list.   DB is now getting the market’s attention but still doesn’t … Continue reading →

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Swan Lake – May 30

Posted on May 30, 2018 by macromon

Italy’s president has attempted to broker an eleventh-hour deal between the country’s two largest populist parties to avoid another destabilising national election, helping Italian assets recover from a sell-off that rattled investors worldwide. Sergio Mattarella, who triggered this week’s crisis … Continue reading →

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