Fidelity | It is not common to experience the oscillations in sentiment we have seen in recent months. Markets surged optimistically during most of 2018, but this ended in the last quarter of the year. This year has returned to optimism, although not at the levels we saw at different stages on 2018.
Search Results for ten lost months
The Spanish competition regulator (CNMC – which regulates telecommunications in Spain) has published market data for December 2018.In the opinion of analysts at Santander Research, this is the best news in Spain’s telecommunications market data in December, “given that during the previous 18 months, customer turnover grew continuously yoy.”
In addition to the losses from the 34 day US administrative shutdown, which were set at $11 Bn, there are other reasons to expect a less positive tone in the US than the positive current one. For the analysts at Intermoney, the only aspect able to explain this is the so called Powell put whose effect will be temporary. But where does this concept come from?
The political instability is not just a Spanish phenomenon. We are far from the climate of the thirties in the 20th century, but the increase in nationalist populism is worrying. 2019 is replete with uncertainties, but it is also true that unemployment in the European Union has fallen below 8% for the first time since the crisis and that in Spain the number of people affiliated with Social Security has recovered pre-2008 levels.
DWS | How should a hedge fund have positioned itself if it had known the U.S. Federal Reserve’s (Fed’s) decisions and press release a day ahead of the market? Until lunchtime on Wednesday noon its staff might have reasonably concluded that the material contained preciously little actionable information. On paper, it would have all looked exactly as expected, leaving limited scope for any meaningful market reaction. This is not, of course, how things actually turned out.
William Chislett | Spain has moved from a labour market characterised during the Franco regime by heavy state intervention, no free trade unions, the prohibition of strikes and lock-outs, a low female participation rate and paternalistic legislation to one that is flexible, but marked by consistently high unemployment.
e have been investigating how the vote of June 23 2016 has since affected the values of Britain’s trade with major trading partners. By comparing trade flows with a model of what UK trade flows would have looked like had the UK voted to stay in the EU, we can see that British exports to both EU and non-EU countries have taken a hit.
The yellow metal fell 4% in the three months from the end of June — a decline that analysts at Wisdom Tree do not believe is justified by the 11 basis-point rise in bond yields and 0.4% gain in the US dollar over the period. Rather, gold’s poor performance seems to have been driven by a collapse in sentiment.
James Rice via Caixin | The U.S. media’s daily narrative on China and the U.S.-China relationship paint a bleak picture: Pollution, exchange rates, ghost cities, protectionism, and unfair trade practices dominate the story. Rather, we should remember that historically, China and the U.S. have been friends and have long enjoyed a mutually beneficial relationship.