Brexit: Over to you Brussels
The chances of “getting Brexit done” reasonably quickly and smoothly have never been better.
Search Results for ten lost months
Spain election: a sad and brief socialist victory
Juan Luis Manfredi (The Conversation) | The elections in Spain do not represent a second round nor a referendum or a presidential test. They cannot be compared to those of last April 28 despite the strategic over-action of political leaders. The socialist party had too much confidence on their advisors, the CIS public research institute poll and a social media-based campaign.
ECB: tricky “strategy review” ahead
Gilles Moëc (AXA Group) | We knew that the European Central Bank (ECB) was very divided in the run-up to the Governing Council meeting on September 12th, but two weeks later the fallout of what must have been a very fractious discussion is still very much here.
When Apple seems more Chinese than American
Ofelia Marín-Lozano (Capital Sicav) | Political events have always had a certain influence in the behaviour of financial markets in the short term. Although what dominates in the long term are company results, any uncertainty coming from the world of politics has a cost, and currently there are many uncertainties weighing on the minds of investors.
Is China’s Belt and Road Initiative Strategic Genius, Arrogant Overreach or Something Else?
Atul Singh via Fair Observer | The Belt and Road Initiative is China’s bold and risky response to internal tensions and external pressure, but it is not backed by an inspiring idea.
Bad News All Around for Steve Bannon
Peter Isackson via Fair observer | Though Steve Bannon’s English hero, Boris Johnson, is (momentarily) in charge of the chaos in the UK, his Italian champion, Matteo Salvini, is out.
Market discounts with 58% probability ECB cut in deposit rate to -0.6%
Renta 4 | The September meetings of the Federal Reserve and ECB will be key in economic and market developments in the Autumn. The market discounts with 58% probability an ECB cut in the deposit rate to -0.6%.
Result of Argentine primary elections could reverse Macri´s pro-market policies
Andressa Tezine (Fidelity) | The sharp fall in Argentina´s bonds and international shares, after President Macri´s surprise defeat in Argentine primary elections, could spread to other Latin American and emerging markets while investors look to re-balance their positions.
Exchange rates matter to central banks on both sides of the Atlantic
Jose Ramón Díez Guijarro (Bankia Estudios) | In the years prior to Trump´s arrival in the White House, exchange rates had lost their importance in central bank strategy, especially in large economies like the Eurozone and US.
European PER at its lowest level since 2012
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.