The entire world has its eyes on Europe while forgetting the potential $ bubble. And more importantly: who's feeling strong and secure enough to start a little experiment? Beware gentlemen, China has been supporting both $ and € lately, but not ...

China to experiment with freer yuan in Shenzhen financial zone

A strategy? I don't think a strategy is enough this time. One needs to be alert every single second all day long. From opening in Europe till closing bell on Wallstreet. These are very long days and I'm starting to feel the consequences. But the ...

Visibility Is Still Low; EUR Unlikely To Sustain Its Recent Gains

Talking long term or short term? These days everything changes ever single second.

Visibility Is Still Low; EUR Unlikely To Sustain Its Recent Gains

Sanguis means 'blood', right? I think the EU has managed to avoid shedding a lot of it... But there's still a long road ahead of us.

Euro area agrees bond support for Italy, Spain

Have to admit I feel some sympathy for Germany's reasoning: how could we possibly solve a debt crisis by creating more debt?

Berlin Rejects Demands from Spain and Italy ahead of EU Summit

Simon says: "Don't listen to what Simon says." ;-)

Schauble did not say Germany will move sooner on shared debt liability - Spokesman

That's what I hope but wouldn't dare to bet the farm on it...

WSJ: German Fin Min Says Berlin Willing to Negotiate on Euro Bonds

The problem is power. They all need to give up some of their decision making previliges before they can transfer those previliges to the EU. Same problem as with the bail outs. Who will give up first and what will the conditions be like? First ...

Schauble follows up: fiscal union as precondition for Eurobonds

Willing to negotiate. Not willing to buy, mind you.

WSJ: German Fin Min Says Berlin Willing to Negotiate on Euro Bonds

@ jonahky7: am I right when I assume you're from the UK? I read some kind of Euro-scepticism in your posts, although I could be wrong of course. There are indeed a lot of confusing messages troubling everybody's decision making right now. Things ...

European Leaders Seek to Overcome Divisions at Summit

I guess everybody will have to decide for themselves while trading these days. The whole point of this summit is to decide whether the EU is going to make some major progress as a union or ga back to the start. Either way will be causing a lot of ...

Finnish PM: EU leaders are to discuss buying Spain and Italian bonds

It's probably a little easier to be decisive when there's only one government and only one central bank involved. I wouldn't even try to compare US and EU responses to the crisis. US dept per head is higher than Greece's debt and there's an entirely ...

Eurozone Leadership Needs to Step Up in A Big Way; We Think They Will

I wonder whether 0.6% is really significant. Even 1.5% isn't something to worry about I guess. £ is strong because people are uncertain about € right now. Markets are quite emotional about things they can't predict or control.

UK house prices slip back in June

Praet is a Belgian. They're used to avoid clear yes or no answers. I feel some sympathy for the guy. He's caught in the middle between France and Germany. And we all know that it takes guts to just be in that position ;-)

ECB's Praet: no doctrine that interest rates cannot fall below 1%

The euro ultimatly implies a confederation. It's either that or back to the middle ages.

Merkel: joint debt liability can only come once controls on national states in place

I guess the problem is the incompatibility between our political system which is basically democratic and the top down organisation of our global economy (more or less a financially and ethically working variety of a layered dictatorschip, so to ...

Mario Monti and the Limits of Technocracy