Hedge funds are better at fighting back amid terrible economic conditions and financial weather. Just look at the graphic. According to the FT Lexicon, they are investment funds that aim to meet high targeted returns using aggressive trading strategies that involve the movement of large amounts of capital from one market, asset class or currency to another. According to most European politicians, though, they are the greediest of the market…
In five out of nine times that the European Council has met since January 2011, market expectations have been missed. Analysts at BNP Paribas have done the research, which supports the heavy air of pessimism surrounding this Thursday's euro summit that is set to present some sort of action plan on Friday. “Although it is improbable that we get a final solution to the euro area crisis,” BNP Paribas said…
LONDON | By 2026 the UK could have increased its international business activity a booming 66 percent. The latest Global Connections trade forecast this week from HSBC Commercial Banking predicted that emerging markets will experience a tipping point in the balance of trade power, where imports will grow faster than exports within the next five years. That's opportunity for British ears. how to get your ex back According to official data,…
From www.valenciaplaza.com | By Tomas Berggren, equity analysts at Saxo Bank | The result of the independent stress test on Spanish banks calmed the market somewhat. According to the report, the total losses in a worst-case scenario are €250-270 billion with the corresponding capital shortfall being €51-62 billion, i.e. well within what was expected and probably in line with what Madrid wanted to hear. The losses are still hefty, though, and should be…
By Tania Suárez, in Madrid | José Luis Herrera, analyst at CMC Markets, considers that it’s necessary a Federal Europe in order to achieve economic policies with a combination of austerity and growth. In his opinion, authorities need to undertake growth measures that have an effect on the real economy, but avoiding a new bubble. You recently said in an interview that world central banks could take a joint action…
Spain's Técnicas Reunidas is the choice of Saudi Basic Industries Corporation (SABIC) and Exxon Mobil for the engineering, procurement and construction contract of the Saudi Elastomers Project. The selection was made through their 50-50 joint venture company, KEMYA. The operation is intended to produce an array of chemical feedstocks, elastomers and related products needed to support an automobile industry project to be undertaken in Al Jubail, Saudi Arabia. The Spanish…
By Nuño Rodrigo | www.cincodias.es | While our European leaders battle with a crisis seemingly impossible to be resolved, while euro zone third and the fourth economies feel threatened by the danger of being rescued because they cannot afford to access the markets, and while for all of these reasons the world approaches a crisis relapse, the guardian of austerity secrets and price stability wakes up every day with a sack of almost…
can you refinance mortgage with bad credit A drop of merely 10 percent in house prices between 2012 and 2014? BNP Paribas believes trends in Ireland and the US make the case for further value losses in Spain. Independent auditors of the Spanish banking sector Oliver Wyman and Roland Berger described their base scenario for the country's housing market in line with the International Monetary Fund's forecasts, and pointed at…
By Julia Pastor, in Madrid | Merkel, Hollande, Monti and Rajoy. Four names for another crucial meeting in the euro zone, the one held today at Rome to smooth the path of next June 28-29 Summit. Christine Lagarde will not participate in this conversation but her name will surely loom large in the four European leaders’ minds. The International Monetary Fund’s managing director is raising the pressure for the European…
http://exbacksms.com/ How to win back your ex By Luis Arroyo, in Madrid | Everybody is now praying for a solid coalition to form in Greece's government, a partnership that keeps tightening the rope of public spending. On the contrary, the left, whether via moderate Pasok or other radicalised groups, may have a greater role than many like to imagine. It doesn't matter. Time goes by. Greece needs more money. And…