The City leans to Eurozone recovery shoots
LONDON | By Victor Jimenez | “The improvement in the PMIs suggest the Eurozone economy should exit recession in the third quarter of this year. But the recovery is likely to remain uneven.”
Articles by Victor Jimenez
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Victor Jimenez
Victor Jimenez
Thurday’s chart: moderate good news for Spanish mortgage borrowers
Borrowers will notice their mortgage costs ease because the Euribor reference has consistently be lower than the IRPH, and entities will see their interests margin trimmed.
Deutsche Bank, Barclays, Soc Gen top undercapitalised European banks
LONDON | By Victor Jimenez | In the sector regulators’ agenda, European banks will indeed need more capital to protect the public purse from the fallouts of the risks that entities take on.
A crack on the Troika’s surface
LONDON | By Victor Jimenez | A less credible Troika will spark even more investor distrust and bomb the one piece in the euro jigsaw that brings market confidence.
UK SMEs missing billions under digital austerity
LONDON | By Victor Jimenez | That the CBI has aired a word in favour of their smaller colleagues reveals the extent to which the real economy strives to free itself from the anti-pro austerity meaningless conflict.
Tuesday’s chart suggestion for the Eurogroup: the US is generating jobs
LONDON/MADRID | Eurogroup leaders must be helplessly looking at the other side of the Atlantic with at the very least a moderate degree of envy: job numbers are improving at a pre-crisis rates.
Forget Draghi, Barroso just rescued joint Eurobond plans
LONDON | By Victor Jimenez | The European Commission set a group of experts to study the possibility of partial, retroactive mutualisation of public debt refinanced by Eurobond issuance.
Tuesday’s Eurozone chart: peripherals on recovery path, Germany contracts
LONDON/MADRID | Financial analysts in Madrid noted today the positive surprise of a recovery tendency among Eurozone peripheral economies, particularly those of Italy and Spain.
British pensioners still fall for Spain
LONDON | The choice of Spain is not based merely upon economical arguments. A study by Numbeo ranks Portugal as the cheapest country where to live, followed by the US, and then Spain and Germany.
From the City and beyond: why more austerity again, Chancellor?
LONDON | By Victor Jimenez | The strongest rejection against the Review came from within the City, from the £162.8-billion investment fund manager Fidelity, which said that “up front austerity has proved largely counter-productive.”