I expect BoE will go for 0.25bps as a 'hedging-their-bets'. This figure is an estimate not a final figure and even though this higher figure is definitely a surprise, warranting tightening, there are some details in the fine print to consider. "This ...

Consumer price inflation, UK: February 2023

For context, let's make my position clear from the outset: I do NOT think that the USA are saints and neither do I think that they don't get decisions wrong from time to time, particularly in terms of overplaying their hands in certain theatres of ...

Why Ukraine may embrace China’s peace plan

I'd like to answer this Q: "What's the difference between you (an eastern Ukrainian) and a Russian from e.g Rostov?" with some others: Are you SO confident that your Q would have the same result now as before the 'Special Military Operation" began ...

Why Ukraine may embrace China’s peace plan

First 2 remarks by Visco: "We could do with an extra tool, like the USA" and "We have all the tools necessary". So, which IS it? You have all the tools or you don't have all the tools?

ECB's Visco: The euro zone needs to quickly implement a deposit protection tool, like the one...

Yes it may well be my own independent conclusion BUT I can't understate how pleased I am to, firstly, have access to ALL the information from which to draw conclusions, secondly to be able to draw a conclusion and then, thirdly, to express it, ...

Putin says Russia is open to diplomatic settlement of Ukraine crisis but rejects ultimatums

In principle, yes, but the point is that there is a spectrum between the least and the most. The Russian leadership is at the wrong end of that scale.

Putin says Russia is open to diplomatic settlement of Ukraine crisis but rejects ultimatums

Alive and kicking only in one form. The country could be a great source of good and prosperity for huge numbers but it's throttled by its leadership and cronies. Unfortunately it's unlikely to change in the foreseeable future and the population at ...

Putin says Russia is open to diplomatic settlement of Ukraine crisis but rejects ultimatums

I.E. The Russian stance is deluded: it's still "you can have whatever colour you like, so long as it's black". One has to wonder at what point they start to realise the aces in the pack have all gone?

Putin says Russia is open to diplomatic settlement of Ukraine crisis but rejects ultimatums

ECB is never going to say, "You know what? Maybe the banks aren't resilient", so one can take that statement with a huge bucket of salt. I doubt they have been able to examine all the cashflows and asset valuations of all the banks in the last 24-48 ...

Monetary policy decisions

Whoa! Another piece of effective rumour-mongering. That'll keep things volatile for a bit. For once people will be honing the Q's for the ECB News Conference in about an hour's time.

ECB told ministers Tuesday some EU banks could be vulnerable

Ok. Well done, then.

Prince Andrew upset he hasn’t received any of Queen’s $782 million fortune

That'll add to the mix of unease already in the markets. The consensus on the direction of travel is broken so we can expect heightened volatility for a while from every nuance, tweet, news release or rumour that hints at a cascade of financial ...

Credit Suisse found 'material weakness' in financial reporting

. Maybe I should have used the word 'comment', rather than 'entry'. It wasn't to do with your other 'comment' about your unfortunate timing for a GBP Short.

Prince Andrew upset he hasn’t received any of Queen’s $782 million fortune

Yes, they have 'bought' the customers but the debt/liabilities determines at what price they have done so, not the £1 nominal.

HSBC buys failed US bank SVB’s UK arm for £1

Bought for £1 BUT how much debt did the UK Branch of SVB have?

HSBC buys failed US bank SVB’s UK arm for £1

Good to see you're back. You've been quiet for a long, long time. Everything Ok? With regard to your entry, you're being intentionally provocative as it's factually incorrect ( I suspect you know that too). As this Junior, fallen-from-a-height ...

Prince Andrew upset he hasn’t received any of Queen’s $782 million fortune

Actually Unemployment isn't high, even if it did tick up a little recently. The fundamental Q remains the same even if some data points are more inclined to lag than others.

GDP monthly estimate, UK: January 2023

I spotted that and it certainly made me think about the "how so?".

GDP monthly estimate, UK: January 2023

CAT amongst the PIGEONS.

Unemployment Insurance Weekly Claims

This piece of scheduled News was always likely to be overshadowed by everyone really waiting for another 45 mins from now to discover if Jerome has any other revelations to disclose, after his unexpected opines yesterday. Peep's won't want to find ...

ADP National Employment Report: US Private Sector Employment Increased by 242,000 Jobs in...