by Charles Purdy | Mar 30, 2026
The ECB’s March projections now see eurozone growth averaging just 0.9% in 2026, a downward revision driven by the global effects of the Middle East war on commodity markets, real incomes and confidence — while headline inflation has been revised up to 2.6% for this...
read more
by Charles Purdy | Mar 30, 2026
In periods of risk aversion, the dollar has been drawing capital flows for safety, with elevated yields adding further attraction for global investors — making it one of the strongest-performing major currencies in recent sessions. However, there are signs the rally...
read more
by Charles Purdy | Mar 30, 2026
Oil markets ended last week in dramatic fashion. Brent crude futures have now risen more than a third since the last day of February, trading above $113 a barrel on Friday, while the physical price of oil delivered from Middle Eastern sellers has surged even further....
read more
by Charles Purdy | Mar 29, 2026
The pound drifted lower into the end of last week, shaped by UK retail sales figures showing a 0.4% fall in February after a strong January, with the Office for National Statistics noting that some spending may have been pulled forward into January to take advantage...
read more
by Jonathan Cook | Mar 27, 2026
America’s treasury secretary Scott Bessent thinks the Federal Reserve should act more like the Bank of England. This is less of a policy criticism than a structural one. Bessent and his boss at the White House want to have more direct oversight over policymakers after...
read more
