Spain banks interest margin could be weak point in H2
Renta 4 | Spain’s big banks H2 results expected to be weaker.
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What will lower oil prices mean for US economy?
LONDON | UBS | Lower oil prices are evaluated as essentially “a wash” for the US economy.
More bad news for China
Flash manufacturing PMI for August and IMF decision bring more negative news for China.
Timing for Fed rate hike lift-off still uncertain
FOMC members need more evidence that inflation is moving toward their goal and the improvement in the labour market is sufficient and sustainable.
Yuan to fall further, but not so rapidly
Some experts explain what to expect from CNY in the months ahead.
Bank of Spain warns against risks to fiscal consolidation
Bank of Spain’s governor Linde considers the government’s forecasts ‘feasible’ but warns about possible risks.
Europe is finally delivering on earnings growth
LONDON | UBS analysts | Actual reported earnings are showing strong numbers; based on reported earnings so far Q2 is one of the strongest seasons in c. 5 years.
Greece approves first privatisation deal
A German company is granted the concession to run 14 Greek airports in the first privatisation process signed by Syriza.
What does Fed exit mean for equities?
UBS analysts explain some key aspects of Fed’s challenging task starting in September.
Bundesbank demands more supervision of Greek reforms
Germany’s central bank calls for more supervision of the adjustments and reforms in Greece, while the IMF casts doubts over the sustainability of Greek debt.