Victoria Marklew

Contributor since: 26 Feb 2010

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• German Data Suggest Euro-zone is Headed For Recession

  Published 26 August 2008 | viewed 2,301 times

  So much for hope that Euro-zone growth will improve in Q3. Data releases from Germany today underline the fact that the 'zone's powerhouse economy is…

• With Growth Slackening, Czech Central Bank Eases

  Published 09 August 2008 | viewed 2,086 times

  As anticipated (see Daily Global Commentary, July 30: "Surging Central European Currencies: Running Out of Steam?"), the Czech central bank switched to easing mode yesterday,…

• Italian GDP Contracted in Q2

  Published 08 August 2008 | viewed 2,247 times

  The first of the Euro-zone's big economies reported preliminary Q2 GDP data today -- and the picture was not a pretty one. Italy's GDP contracted…

• German Manufacturing Orders Take A Hit From Weak Euro-zone Demand

  Published 06 August 2008 | viewed 2,156 times

  Midst a steady drumbeat of weak-to-negative economic news out of the Euro-zone in the past few days, there was one report today that gives particular…

• Surging Central European Currencies: Running Out of Steam?

  Published 30 July 2008 | viewed 3,325 times

  The three major currencies of central Europe have appreciated strongly against the euro so far this year, boosted to varying degrees by rising interest rates,…

• Preliminary UK Q2 GDP Confirms Slowing Economy

  Published 25 July 2008 | viewed 1,965 times

  Today's preliminary Q2 GDP report from the UK showed real growth slowing to 0.2% on the quarter and 1.6% on the year, the weakest in…

• Deteriorating Outlook for the Euro-zone

  Published 25 July 2008 | viewed 3,022 times

  The slew of weak data from across the Euro-zone this morning all-but guarantees that the European Central Bank (ECB) won't be making any more rate…

• Hawkish Bank of England Even As Economy Slows

  Published 23 July 2008 | viewed 3,467 times

  The relentless stream of negative economic news out of the UK has the headline writers dredging up the old specter of stagflation - a "stagnant"…

• Ireland: Hangover Time

  Published 15 July 2008 | viewed 3,603 times

  Today's headline out of Ireland will add to fears that the decade-long economic boom is ending with a recession. The volume of retail sales fell…

• Bank of England: Caught Between Conflicting Risks

  Published 10 July 2008 | viewed 2,332 times

  As expected, the Bank of England's (BoE) Monetary Policy Committee (MPC) left the repo rate unchanged at 5.0% this morning, despite the fact that May's…

• Irish "No" Gives European Union a Nasty Headache

  Published 14 June 2008 | viewed 3,309 times

  The euro dipped this morning as news broke that Ireland's voters rejected the EU Lisbon Treaty in yesterday's national referendum. Although the Treaty's fate has…

• European Central Bank Sounds Hawkish Tone at Its Ten-Year Anniversary

  Published 09 June 2008 | viewed 2,676 times

  June 5, 2008 As expected, the European Central Bank (ECB) left its refi rate at 4.0% again this morning. What was not expected was the…

• ECB Will Hike In June But Second-Half Policy Outlook Is Still Unclear

  Published 10 May 2007 | viewed 3,130 times

  As expected, the European Central Bank (ECB) kept its Refi rate unchanged at 3.75% this morning, but signaled that it expects a rate hike at…

• BoE Holds This Month But Is Likely To Hike In May

  Published 05 April 2007 | viewed 3,340 times

  As expected, the Bank of England's (BoE) Monetary Policy Committee (MPC) left its policy repo rate unchanged at 5.25% this morning. However, as we've noted…

• Sweden's Riksbank Continues To Sound Sanguine But Rates May Need To Go Up Faster Than Anticipated

  Published 30 March 2007 | viewed 2,496 times

  As expected, the Riksbank today left its key repo rate at 3.25% and struck the same relativelydovish tone that it adopted after February's 25bp rate…

• Robust German and Still-Firm Euro-zone Growth Add Up To June ECB Rate Hike

  Published 27 March 2007 | viewed 2,542 times

  After faltering a little in January and February, German business morale recovered smartly this month, with the Ifo business sentiment index rising to 107.7 from…

• UK: Rate Hike Expectations Ease But Don't Rule Out Further Tightening

  Published 21 March 2007 | viewed 2,588 times

  The minutes of the March 8 meeting of the Bank of England's (BoE) Monetary Policy Committee (MPC) have caught the markets by surprise, with an…

• Still a Positive Outlook for German and Euro-zone Growth

  Published 23 February 2007 | viewed 2,496 times

  As generally expected, German business sentiment slipped a little further in February, with the Ifo research institute's business climate index dipping to 107.0 from 107.9…

• UK: MPC Minutes and Data Point to One More Rate Hike

  Published 22 February 2007 | viewed 2,939 times

  The minutes of the February 8 meeting of the Bank of England's Monetary Policy Committee (MPC) showed a 7-2 vote to leave rates on hold…

• Bank of England Says One More Rate Hike Will Be Necessary

  Published 15 February 2007 | viewed 2,927 times

  While there was mixed news in this morning's labor market data for December, the markets focused on the latest Bank of England (BoE) Quarterly Inflation…