Economic Data this Morning: UK CPI and ZEW from Germany

June 17, 2014 Good morning. This morning we have seen the release of UK CPI data and the German ZEW: UK CPI: May’s drop in UK consumer price inflation demonstrates that strong growth in economic activity is not prompting underlying price pressures to build. The market was expecting 1.7%, but the read came out at 1.5% (slightly below… View Article

Russia – Ukraine gas deal

June 16, 2014 We here at Savi along with the Ukrainian prime minister are wondering why Gazprom doesn’t want to sell Ukraine gas for free? If anyone has any ideas why Gazprom are being so unreasonable and not willing to give Ukraine gas for free please contact us and enlighten us. Bad Gazprom.