Opinion – The Corner https://thecorner.eu Business News & Financial News | Spain & Europe Tue, 20 Jun 2023 22:50:41 +0000 en-GB hourly 1 https://wordpress.org/?v=5.6.2 Gold: Tossed And Torn By The Virus https://thecorner.eu/financial-markets/gold-tossed-and-torn-by-the-virus/83847/ Wed, 05 Feb 2020 19:28:05 +0000 http://thecorner.eu/?p=83847 The Corner

As investors are still struggling to properly price the impact of the coronavirus, volatility in financial markets remains elevated. Risk-on sentiment returned to the markets yesterday, putting pressure on gold. Barring a longer-lasting impact on Chinese growth, we do not expect much more fundamental short-term support from the virus for gold. However, on a longer-term horizon we still see upside and maintain a Constructive view.

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The new all or nothing government for Spain https://thecorner.eu/news-spain/spain-economy/the-new-all-or-nothing-government-for-spain/83381/ Wed, 08 Jan 2020 06:00:13 +0000 http://thecorner.eu/?p=83381 The Corner

Ana Fuentes | The recently appointed coalition government is facing the biggest constitutional crisis of Spanish democracy. With almost half of the parliament against, in addition to criticism within his own party, PM Sanchez has launched an all or nothing bet. If he manages to take a part of Catalan pro-independence supporters to the constitutional path, and ERC renounces unilateralism as Basque separatism did, this will be an achievement for posterity. But the play may go wrong for the Socialists, and it would not be the first time.

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Oil: 2020 Spells Geopolitics For Energy https://thecorner.eu/financial-markets/oil-2020-spells-geopolitics-for-energy/83379/ Tue, 07 Jan 2020 22:18:30 +0000 http://thecorner.eu/?p=83379 The Corner

Norbert Rücker (Julius Baer) |  The oil market is off to a rocky start as the tensions between the United States and Iran escalate. The situation brings lots of uncertainty and geopolitical tea-leaf reading on reactions. While the closure of the Strait of Hormuz remains a very unlikely event, the deterioration in Iraq bears supply risks. Geopolitics tend to be a temporary force on oil markets and we believe this time is no different. We raise our near-term forecast to USD 65 per barrel, and maintain a Neutral view on oil.

 

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Unidas Podemos: Nepotism, Communism And “Good Governance” https://thecorner.eu/opinion/unidas-podemos-nepotism-communism-and-good-governance/83361/ Tue, 07 Jan 2020 13:02:20 +0000 http://thecorner.eu/?p=83361 The Corner

Before it has a president -Pedro Sánchez- Spain has known the names of half of its future cabinet members, the ones appointed by Pablo Iglesias, leader of Unidas Podemos and future vice-president of the PSOE-UP Coalition Government, who, to stress his independence and loyalty to PSOE and President Sánchez, has announced the names of the four ministers (cabinet members) that he, and not Sánchez, has chosen. A good start.
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Emerging Markets Debt Is A Good Asset Class To Weather Slowing Global Growth https://thecorner.eu/financial-markets/emerging-markets-debt-is-a-good-asset-class-to-weather-slowing-global-growth-2/83294/ Thu, 02 Jan 2020 11:37:03 +0000 http://thecorner.eu/?p=83294 The Corner

Alejandro Arevalo (Jupiter’s Head of Strategy, Emerging Markets) | One might think that emerging market debt has had difficult year, but it’s been quite the opposite. At the time of writing, the major EM hard currency indices have all returned more than 11% year to date.

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Climate Change: One Step Forward, While Standing Still https://thecorner.eu/news-the-world/world-economy/climate-change-one-step-forward-while-standing-still/83289/ Thu, 02 Jan 2020 08:41:41 +0000 http://thecorner.eu/?p=83289 The Corner

Arek Sinanian | What will the outcome be of the latest UN Climate Change Conference in Madrid? Have you ever tried walking on a travellator? You know, those moving platforms at airports that help you get to your destination when you are in a hurry or tired, or have a lot of baggage to carry. This is the image I have of the last few Conferences of the Parties (COP) of the United Nations.

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