Tim Fox
Articles
Euro’s decline is unlikely to stop at parity with the greenback
Its fall has been more or less a consistent one since the summer of last year, with anticipation of the end of quantitative easing in the US buoying the dollar in the second half of last year.
Uncertainty grows with oil price gap
Over the past few weeks there has been greater divergence of opinion among analysts, with some forecasting fresh lows for the year while others have called for a return to $100.
Greece still not out of the woods
Markets have appeared to become somewhat inured to the likelihood of a Greek exit in recent days, however, reassured by the fact that financial exposures to Greece have been reduced and even ring fenced in the past few years.
Global investors in search of anchor
Policymakers’ views, once a source of healthy debate and discussion, have turned into an echo chamber, and world markets are poorer for it.
As the global economy steadies, what are this region’s prospects?
In many ways the outlook for the Mena region depends on one's perspective
The US Federal Reserve stunned markets by maintaining its $85 billion of QE asset purchases per month, confounding consensus estimates that monetary policy normalisation would begin this month.
Keep calm and carry on: Opec's approach may be the right one
The potential issues surrounding US shale are real and the risks could be fairly serious depending on how they are handled, but the most sensible approach might well be to remain relatively relaxed as Opec currently appears to be.
GCC economies buck global trend but must hang on to diversification
Gulf economies buck global trend but must hang on to diversification.
So far, so good for Egypt but economic reform set for delay
The near 13 per cent rise by the EGX30 Index since the Egypt election result was announced reflects relief that the political process prevailed in spite of fears that the military might override the will of the people. But the rally comes from a low base.
What the eye can't see is the Gulf's big worry
Europe's debt woes are hindering growth prospects worldwide, but for the Gulf region it is the indirect consequences of the crisis that pose the biggest challenge.
GCC on growth path but can do better still
Almost one third of the way into 2012 the score card for the world economy is a mixed one. Overall the global recovery is progressing but this masks significant divergences between regions and even between countries within regions.
Oil prices rattle but need not ruin recovery
As a major oil exporter, the GCC stands to benefit from any price rises even as economies elsewhere feel the pinch. But in the end, these increases tend to balance out, writes Tim Fox
Egypt finds recovery an elusive target to hit
On the surface the country is faring well following the Arab Spring and the revolution there but it faces a tough road ahead to get the shattered economy back on track.
How quickly did July's economic relief turn to dust
The global economy is clearly skating on very thin ice. So where did it all go wrong, and where do we go from here?
As QE2 sails off into the horizon, do not mourn its passing
The end of quantitative easing in the United States marks a shift in monetary policy that should remove uncertainty from world markets, writes Tim Fox.
