The first half of 2018 has witnessed a dip in global IPO activity as a result of lower capital raising in Asia Pacific and EMEA, according to the latest research from Baker McKenzie. Worries around geopolitics weighed on investors’ minds. However, cross-border deals totalled over $16.6 Bn. The number of deals climbed, up 18% to 85.Read More
According to Julius Baer economists, “despite the perceived escalation of US tariffs quarrels being close to a trade war, they remain tit-for-tat trade disputes.” The missing economic rationale behind the tariffs supports their notion of a pure domestic motivation for the disputes.
William Chislett (Elcano Royal Institute) | Spain was ranked 11th out of 110 countries in the 2017 Elcano Global Presence Index, which measures the results of internationalisation, up from 12th in 2016
The ECB’s chairman endorsed the optimistic staff forecast enough to justify the end of QE for December 2018 and then spent the rest of the press conference insisting on the downside risks. This was the only way that BoAML’ s analysts find to deliver what they think about Mario Draghi’s main challenge: making sure that there would not be any continuum in the market perceptions between the end of the net purchases and a brisk pace of normalisation on rates.Read More
World’s biggest clothing retailer Inditex reported improved profitability (+2%) for the first three months of its financial year despite negative currency effects.Read More