Greece Macro Monitor (12 March 2015) Greece needs neither wage deflation nor more fiscal austerity; what is needed is an emphasis on structural reforms to boost (non-price) competitiveness Summary This note…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was modestly weaker in early European trade on Wednesday amid increased expectations that the Fed will probably not rush to push…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European bourses were modesty weaker in early trade on Tuesday, pressured by market anxiety ahead of FOMC Chairman Janet Yellen’s semi-annual testimony…