Well here's the first BIG news from yesterday's global manufacting PMI reports - Spain's manufacturing contraction accelerated in September. Of course, how could it be...

Spain's current account deficit fell to 2.064 billion euros in July from 7.752 billion euros a year earlier as imports tumbled, according to the latest Bank of Spain...

China! China! burning bright In a bubble, Day and Night Is it Bust or is it Boom That frames thy fearful asymmetry?* Can you feel it? That calm and...

Of course, with all these large negative numbers going the rounds at the moment, we are all in danger of going rapidly dizzy, but some pieces of data still have the...

by Edward Hugh: Barcelona The global manufacturing recession continued in April, with rates of contraction for output, new orders and employment all showing what are effectively sharp...

by Edward Hugh: Barcelona Sorry, and I apologise in advance: in this post I'm going to be a nit-picker. The question in hand is the Eurozone third quarter growth one, and the story is all about differences (between countries) and these differences in...

by Edward Hugh: Barcelona Nouriel Robini is not a man who is known for mincing his words. “We have the mother of all carry trades,” he tells us, “Everybody’s playing the same game and this game is becoming dangerous.” There is a “wall of...

By Claus Vistesen: Copenhagen (click on pictures for better viewing) It is indeed an old adage that while goods things are to be preferred over bad things it is possible to get too much of the former. Looking at recent comments from the governor of...

by Edward Hugh: Barcelona Well, if John Lennon had still been around today he would undoubtedly have entitled his song Norwegian oil, but whatever way you want to put it Norway is back in the news, and this time not because of adolescents who find...

by Edward Hugh: Barcelona Well, it is not as if I relish rubbing salt into old wounds, but this quote from the latest piece by Ben Hall in Paris and Ralph Atkins in today's Financial Times is just too good to resist. French manufacturing output rose...