Andrew Sheng via Caixin | No one disputes the great and noble strategic vision of the “Belt and Road” initiative. But after various in-depth analyses, there are three issues that need to be solved before the project can proceed with success.
Home prices in Spain rose 4.4% year-on-year in Q2’17, according to the Price Index for Repeated Home Sales published by the Property Registers College. Prices have now been increasing for 10 consecutive quarters,
The end of the summer season is coming to an end with investors returning to markets not looking much different from when they left. We should not take everything for granted but to look at the world from other investors’ viewpoint as well. It is very well to say bond yields should rise because inflation is picking up, but for a manager with a fixed income mandate the question is ‘where?’ they are in the market, no ‘if?’
Telefonica has informed the Stock Market Regulator (CNMV) that it has reached an agreement with the Colombian government to hike capital for a total of €1.840 billion at its affiliate operating in the country, which is one of the main ones in the group. The reason for the capital increase is the debt the parent company has with the company which manages the pension funds.
Nick Ottens via Atlantic Sentinel | Accusing Catalan nationalists of attempting to profit from a terrorist attack is not going to change minds. A little empathy, by contrast, and maybe a little bit of compromise, would go a long way.
Sonia Ruiz de Garibay (GVCGaesco) | Although a simultaneous investment recommendation for oil and airline stocks might seem a contradiction in terms, the fact they are both heavily influenced by oil prices gives them a very important element in common. Oil is an earning driver for the oil industry, while for the airlines sector it is an important costs’ element, accounting for over 20% of the total. Repsol and IAG are currently good bets.
Nick Ottens via Atlantic Sentinel |A transition deal might be good for Britain, but there are many reasons to doubt the EU would agree to it.
CaixaBank Research | Spain’s property sector is on the up and up again, as can be seen from the trend in housing purchases over the last two years. These have been rising at double digit rates, fuelled by a recovery in the jobs market combined with favourable financial conditions.
Nick Ottens via Atlantic Sentinel | Top military officers are exerting increasing influence in Donald Trump’s administration and causing some to wonder if it’s the start of an American junta. But nobody really expects John Kelly, James Mattis and H.R. McMaster to attempt a putsch.