Today we will have Eurozone CPI data, without any surprises on the horizon. The average EMU CPI rate will come in at 1.5% in 2017 compared with 0.2% in 2016. This is after a year when the annual inflation rate actually reached 2% in February when the increasing effect of energy prices was at its most aggressive.
Articles by The Corner
“Very few people really know what REE does, expect that, erroneously, it “belongs to the State”(…) Our foreign investors now account for 75% of the total (…) The system works very well. The price of our electricity may be a little higher than in Europe but we have some determining factors such as very complicated physical conditions.” Who speaks is Socorro Fernández Larrea, Red Eléctrica de España Board member.
All it took was for sovereign bond yields to recover +20 bp to dampen enthusiam in the European property sector during 2017. With the current level of European 10-year sovereign bonds, property firms can obtain all the financing they want.
BancaMarch | According to the World Tourism Organisation (WTO)’s forecasts, Spain beat the US in 2017 in terms of the number of foreign visitors to…
Nearly a decade later, the two leading figures from Greece’s political class have been unable to lead Greece through the catharsis that is necessary. Alexis Tsipras’s strategy to gain power was to focus on a different enemy, while placing the Karamanlis era and the man himself well away from the firing line. Kyriakos Mitsotakis, meanwhile, cannot amass the courage to accept his party’s clear responsibility without qualifying it with weak excuses that seek to deflect blame.
For 2018, analysts’ consensus is fundamentally betting on cyclical Ibex stocks, based on a scenario of markets’ revaluation both in the Europe and in the US. Selected constructors and defensive stocks are also on the radar.
After nearly a decade of easy money, the financial markets and the economy have not just become addicted to debt, but also indifferent to the continued growth in global debt.
When it comes to the fight against climate change, the conversation has focused nearly exclusively on how to bring down levels of one element — carbon. But what role will the metals and the mining industry play in the drive to realize a low-carbon future? As it turns out, one larger than we might think.
American president Donald Trump reportedly disparaged immigrants from Africa, El Salvador and Haiti on Thursday, asking his advisors, “Why are we having all these people from shithole countries come here?” Trump then suggested that the United States should bring more people from countries like Norway, whose prime minister he met a day earlier.
Dividends are an important source of income and continue to help investors offset to some extent the volatility in investment returns, according to the latest report from Allianz Global Investors, one of the most important active investment fund managers in the world.