LONDON | July 15, 2015 | BNP Paribas | The fall in the Chinese equity markets is mainly a market correction phenomenon, the most important question now is how it will transmit to the real economy. Our view is that the transmission will be muted.
July 15, 2015 | UBS | Lifting sanctions would add more production to an already oversupplied market.
ATHENS | July 15, 2015 | By Manos Giakoumis via MacroPolis | Among the measures the Greek government has committed to legislate by July 22, according to the Euro Summit statement is the transposition of the Bank Recovery and Resolution Directive (BRRD).
It is ironic that trade and investment flows within BRICS countries—Brazil, Russia, India, China and South Africa—continue to disappoint, even though economics was the primary reason for the formation of the grouping.
LONDON | July 14, 2015 | UBS | The “Wall of Worry” for the European Equity Bull market has shifted somewhat from Greece to China.
The Corner | July 14, 2015 | Stocks and bonds’ behaviour will still depend on how the Greek crisis unfolds but macro and corporate results should start to gain some traction.
BEIJING | July 13, 2015 | By Xie Wen via Caixin | The recent crash makes a relisting in China unappealing, and the signal sent by wanting to depart in first place damages companies’ credibility.
The Corner | July 13, 2015 | After all-night talks in Brussels to reach a third bailout loan for Greece, a unanimous agreement was reached, European Council President Donald Tusk said. “It’s a good step to rebuild confidence,” IMF head Christine Lagarde said as she emerged from the meeting.
If refugees formed a country, it would be the 24th most populous in the world, between South Africa and Italy.
July 11, 2015 | By Simon Zadek and Christian Thimann via Caixin | A financial system for the 21st century should account for five warning signals that have not been addressed by current policy and regulatory frameworks.