Rising oil prices may give the European Central Bank (ECB) a rare opportunity to revise upwards its price growth forecasts when it meets on Thursday. Brent and WTI crude oil topped $50 per barrel on Thursday and remained above $49 on Friday. However, overall inflation remains very low and the euro area slipped back into deflation in April, with …

  Mark Whitehouse Greece and its creditors may have averted a crisis by agreeing on the release of another dose of bailout money, but the deal does little to address a deeper problem: Europeans still don’t want to put their money there. The flow of capital between the rest of the euro area and Greece offers a useful indicator of …

One of the major issues within New Zealand over the past few months has been the rapidly increasing cost of housing, particularly in the country’s largest city and commercial hub, Auckland. High prices combined with moderate incomes have pushed the city into becoming one of the most expensive places in the world to buy a house. The press have been …