Eurozone Archives - 4X Global Research Archive

Market snapshot, theatre of war

March 8, 2022 Olivier Desbarres

Since the Russian army’s full-scale invasion of Ukraine on 24th February most equity markets, government and corporate bond yields, commodity prices (energy, metals and agriculture), CDS spreads and major currencies have recorded significant intra-day volatility and outsized daily moves. Moreover, for all the “noise”, the current geopolitical crisis has accentuated multi-week trends in a number of financial market and economic

Draghi’s ECB legacy – stable Euro, weak inflation

July 10, 2019 Olivier Desbarres

European Central Bank President Mario Draghi will step down at the end of his eight-year term on 31 October. Christine Lagarde, the head of the IMF – which has implicitly called for looser global monetary policy – will take over pending European Parliamentary approval. The ECB’s dovish turn at its 6th June policy meeting, Draghi’s talk of possible monetary policy

Final Twist in Brexit Plot

September 14, 2018 Olivier Desbarres

In principle, the United Kingdom (UK) will officially cease to be a member of the European Union (EU) on 29th March 2019, regardless of whether: 1) The UK and EU reach agreement on the terms and conditions of the UK’s exit from the EU (the “Withdrawal Agreement”) and importantly of the UK’s new deal with the EU and; 2) The