ECONOMY – The Corner

Euronext Is Considering A Takeover Bid For The Spanish Stock Exchange

The Corner — Thu, 13 Feb 2020 22:28:54 +0000

Euronext is still studying the financial data of BME (Spanish Stock Exchanges and Markets), which could lead to a possible counteroffer for the Spanish Stock Exchange. This was acknowledged yesterday by Euronext Chief Executive Stéphane Boujnah during the presentation of Euronext's annual results. The company insists that it has not taken a decision yet.

The EU Will Not Grant London Unlimited Access To European Financial Markets

The Corner — Wed, 12 Feb 2020 21:40:00 +0000

The Corner

Banca March | Michel Barnier, Brexit's chief negotiator, warns the UK that London will not be granted unlimited access to European financial markets. Barnier declared that there would not be general, open-ended, ongoing equivalence in financial services, as the British government had proposed.

Impact Of Coronavirus On Fixed Income

The Corner — Tue, 11 Feb 2020 18:10:04 +0000

The Corner

By Kevin Flanagan, (Head of Fixed Income Strategy, WisdomTree) / This year has got off to an unusual start in the financial markets. Typically, the focus would be on the Federal Reserve (Fed) and/or economic developments, but unfortunately the coronavirus has taken centre stage. I thought it would be useful to offer some insights from a bond market perspective, using the SARS (Severe Acute Respiratory Syndrome) outbreak of November 2002 to July 2003 as a comparative event.____¨

Stock Markets Remain Vulnerable To Short-Term Correction

The Corner — Mon, 10 Feb 2020 20:49:44 +0000

The Corner

The People’s Bank of China pumps 1.2tn yuan into the financial system to protect the economy from the coronavirus Global stocks extended their rally last week despite concerns that the coronavirus will slow global growth. Experts at Julius Baer continue to argue that stocks are susceptible to a short-term correction and consider any weakness as an entry opportunity for long-term investors.

Gold: Tossed And Torn By The Virus

The Corner — Wed, 05 Feb 2020 19:28:05 +0000

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.

The Chairman Of REE Resigns Because Of Disagreements With The Government

The Corner — Wed, 29 Jan 2020 13:50:50 +0000

The Corner

According to articles in the press, the decision of Jordi Sevilla, president of REE (Red Eléctrica de España) responds to his growing disagreements with Teresa Ribera, one of four vice presidents of the Government and Minister for Ecological Transition.