"EU" tag
europe-russian-oil-marketexpress-in

If Europe is done with Russian energy, where will Moscow sell its oil and gas?

Europe’s days as Russia’s best customer for energy appear to be numbered. Moscow will need to find new markets if it is to remain an oil and gas superpower, but its options are limited. Russia...

chip-design-marketexpress-in

Chip design matters for EU, but packaging is even more crucial

Researchers have urged EU member countries to invest a lot more in chip design, with a view to becoming less dependent on China. Yet other parts of the value chain require more attention. When German...

global-economy-inflation-growth-marketexpress-in

Fragile Calm Returns and Powell’s Anti-Inflation Rhetoric Ratchets Up

Into the uncertainty over the implications of Omicron, the Federal Reserve Chairman injected a particularly hawkish signal into the mix in his testimony before the Senate.  These are the two forces that are shaping market...

steel-us-eu-tariff-aluminum-marketexpress-in

US, EU settle dispute over tariffs on steel, aluminum

The United States has agreed to reduce tariffs on EU steel in return for a relaxation of countertariffs on US products, both sides said. Motorcycles, bourbon, peanut butter and jeans may get cheaper in the EU....

markets-cautious-marketexpress-in

Markets Turn Cautious

After a couple of sessions of taking on more risk, investors are taking a break today.  Equities are mostly lower today after the S&P 500’s six-day advance took it almost to its record high, while the...

uk-eu-brexit-marketexpress-in

EU-UK trade war looming as Northern Ireland Protocol tensions hit boiling point

Less than a year since the EU and UK struck a post-Brexit deal, the sides are apparently preparing for a trade war. Tensions over the Northern Ireland Protocol have pushed things to the brink. The...

ireland-marketexpress-in

Ireland: Government set to abandon 12.5% tax rate, report

Ireland has long been seen as an outlier on corporation tax, particularly in the European Union. But suggestions it is willing to increase its rate comes as pressure mounts on Dublin to fall in line...

markets-global-marketexpress-in

Strong Gains in US CPI and PPI Don’t Stop the Bond Market Rally

A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...

dollar-markets-marketexpress-in

Dollar Becalmed as Markets Wait for US Leadership

The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged.  Europe is searching for direction and perhaps waiting for US leadership after...

renminbi-yuan-china-reserve-marketexpress-in

EU lawmakers back freezing China investment deal over sanctions spat

The European Parliament has said it will not approve a multi-billion-euro investment deal with China until Beijing lifts tit-for-tat sanctions. The EU and China approved the pact in December 2020, after seven years of negotiations....

eu-economy-christine-lagarde-ecb-marketexpress-in

EU economy ‘on crutches’

Christine Lagarde has said Europe’s monetary authority plans to keep interest rates and coronavirus stimulus unchanged. She urged EU members to get their coronavirus recovery fund operational with haste. European Central Bank chief Christine Lagarde on Thursday said...

russia-sputnik-v-vaccine-coronavirus-marketexpress-in

How effective is the Sputnik V coronavirus vaccine?

Russia’s COVID-19 vaccine, Sputnik V, has been approved for use in dozens of countries, and it’s also under review by the European Medicines Agency. But the vaccine remains controversial. President Vladimir Putin has touted Sputnik V...