NEWS Breaking news

The ECB revised down its forecast and seems to have focused on downside risks, especially for inflation. It has changed one parameter of the QE programme, and may well implement extra policy action should financial conditions tighten and/or risks to price stability become more permanent.

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NEWS Breaking news

Newspaper headlines: China Shares Wipe Out All Gains This Year (WSJ), European bourses join global sell off (FT) and the Daily Telegraph’s Black Monday, as the FTSE 100 headed below 6000 within minutes of the opening bell.

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NEWS Breaking news

Not only does Greece dominate in terms of the amount of coverage, but the coverage itself has a greater impact because there is a strong emotional element running alongside the facts

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NEWS Breaking news

The outcome of Sunday's Greek referendum is uncertain. Regardless of the outcome, Greece will continue to face substantial economic dislocation in the shorter term. But, equally, our base case is that Greece will ultimately remain in the Euro area even in the event of a ‘No’ vote

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