Election day

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The election will be dominating today’s UK news, and the fallout tomorrow is likely to overshadow the usual headline making US non-farm payrolls, at least in the UK. We are in for an interesting few days, not just for the markets but also for the future strength of the EU, and the next five years for the UK.

Whilst the UK media spent yesterday firmly encamped on a small patch of Lancastrian housing estate, market attention once again switched shores in light of some major revelations in the Eurozone, and the Fed’s meeting last night…

More Greece and now Portugal

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Greece’s fiscal deficit is a problem that will not go away, it seems that every summit and agreement just leads to more issues down the line. The response from the EU has been lacklustre, and uncertain, with a lack of clarity on when it could be used, how much it would be for, and what financial restrictions it would impose on Greece…