Weekly Market Commentary – Week Ending 25/11/11 It seems each week the troubles facing the eurozone just keep mounting up and the disastrous consequences of a complete break-up of the euro become a distinct possibility. This week alone has seen Germany’s Chancellor Angela Merkel insist that the European Central Bank would not act as the [...]

Weekly Market Commentary – Week Ending 18/11/11 The escalating crisis in the eurozone took another turn for the worse this week when Italian, Spanish and French borrowing costs soared to near record highs and plunged the eurozone to the brink of collapse once again. It prompted the new European Central Bank President, Mario Draghi to [...]

Weekly Market Commentary – Week Ending 11/11/11 Another week of turmoil in Europe has concluded with Italy’s parliament pushing through austerity measures aimed at halting Italy’s own debt crisis and the wider eurozone’s spiraling out of control. The sudden call to action by the Italian parliament had a lot to do with U.S. President Barack [...]

I had been hoping to talk of a brighter future for Europe this week, but a week on from Europe’s so called “Eurozone Rescue Package” to resolve the debt crisis which is crippling the eurozone, Angela Merkel and Nicolas Sarkozy summoned Greek Prime Minister, George Papandreou to an emergency meeting at the G20 Summit in [...]