Tag: Eurozone

[The US] isn’t a functioning currency union; it’s more like a modern day Hunger Games for the pandemic generation.

Does the European Union have an economic and diplomatic strategy in response to U.S. protectionism? It would appear not.

A downturn is in fact possible, but is it the most likely scenario?

Economically, the Americans are leaving us in the dust. What can we learn from them? From their solutions, not much; from their optimism, a lot.

About 248,000 jobs were created in the US in August, dropping the unemployment rate from 6.1% to 5.9%. In theory, the good jobs figures might suggest that the US economy is picking up faster than expected so the Fed might bring forward the date of the first rate hike — which is why the dollar climbed to a fresh two-year high against the euro, capping 12 straight weeks of gains. In practice, the detail of the jobs figures was not that conclusive and it is still not clear that the hawks at the Fed will prevail or that it will look to "normalise" rates any earlier.