• Three-month EURIBOR to keep climbing

    Inflation worries, the possibility of Eurozone sovereign defaults and a general move away from risky assets suggests continued rises in euro interest rates.

  • Bank of England under pressure

    The turbulence in the US, Eurozone and the UK has set up an unstable relationship between the three currencies they represent. Nowhere is this more obvious than the UK, where economic weakness and inflation worries may conspire to push sterling further down.

  • Wanted: strong economic leadership

    Across the world natural disasters and political upheavals are contributing to the economic challenges facing the global economy. With the recovery fragile and uncertain in many countries – particularly in the developed world – great leaders are required to steady the signs of panic. But are any in sight, and when might some emerge?

  • Dark clouds behind sunny predictions

    Don’t be fooled by optimistic forecasts – the biggest surprises come when you least expect them, and a number of risks currently looming could have a negative impact on the global economic recovery.

  • Eurozone tensions set to grow

    Politicians and the general public in strong European economies like Germany are resisting the idea of a rescue operation for the weaker Eurozone countries. This will continue to have implications for bond yields.

  • Bonds: an accident waiting to happen

    Figures coming from the US might look positive, but the increased money supply has not yet filtered through to the real economy. Once this starts to happen, interest rates could increase even further and asset prices could plummet, potentially leading to a new credit crisis.

  • Shaky foundations

    Do current regulatory initiatives address the causes of the financial crisis – or is the world economy being rebuilt on the same weak foundations as in the past? This month’s Market View article reviews the global response to the crisis and asks whether its original goals are in danger of being forgotten.

  • Exercising caution


    Uncertainty still abounds, but in the first weeks of September there was a clear trend towards optimism in the markets. In this month’s Market View, ECR argues that one should not become overly optimistic, but should remain careful in the current market environment.

  • Implications of low economic growth

    Is low growth all bad news in today’s economic climate? This month, ECR explores the move from high growth to low growth policy in the late twentieth century and considers why today’s low growth expectations present different challenges.

  • Global market overview - July 2010

    When it comes to economics, there is no free lunch. In this month’s Market View we discuss the limits to effective monetary stimulus. We also look at the lessons that history has taught us about government intervention and examine how this could impact the handling of today’s economic challenges.