…win, Richard, Di Nino, Virginia, Fontagne, Lionel, De Santis, Roberto, and Taglioni, Daira, "Study on the Impact of the Euro on Trade and Foreign Direct Investment," European Economic and Monetary Union Working Paper No. 321, May 2008. http://papers.ssrn.com/sol3/papers.cfm?abstr...
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European Equity Strategy 2017 year ahead – Refining the reflation rotation 01 December 2016 Unauthorized redistribution of this report is prohibited. This report is intended for [email protected] Key takeaways • 2017 - Reflation, Reversal, Rotation, Relief or Revolt. EPS to tu...
…weight the US, and move most of the overweight into EM Asia. We have moved some of our credit overweight from the US to Europe. � Economics –– The data flows continue to confirm that June/July was likely the bottom in global activity growth, and that we are gently lifting from th...
… another 1-2 months to see how consumers are responding to higher taxes. * Fixed Income –– Search for carry to trump Euro area jitters over time. * Equities –– Japan remains our main country overweight. * Credit –– We OW covered bonds in the Euro periphery over senior ba...
… another 1-2 months to see how consumers are responding to higher taxes. * Fixed Income –– Search for carry to trump Euro area jitters over time. * Equities –– Japan remains our main country overweight. * Credit –– We OW covered bonds in the Euro periphery over senior ba...
…e hunt for yield If yields only rise modestly next year then the hunt for yield will live on. We keep a yield basket in European equities, AT1s and spread in Euro/US credit. We go outright long European Healthcare by lifting our Food & Beverage short, which has dropped sharply. O...
…DP growth. Growth has also begun to pick up in key areas of the emerging markets, including China and Brazil. While the Eurozone economy remains weak, we expect Q3 2012 to mark the bottom, and that growth will begin to get "less bad" from Q4 2012. Equities Equity markets have bee...
… currency. Watch next week’s BoJ meeting, led by newly appointed Governor Kuroda, for new reflationary measures. e The Euro area economy remains in recession, while policy makers are making little effort to reverse the contraction. We monitor signs of any large deposit flight po...
…ep-13 YTD Return* United States Fed funds rate 0.125 0.125 0.125 0.125 0.125 0-year yields 1.63 2.00 2.00 2.00 2.25 26% Euro area Refi rate 0.75 0.75 0.75 0.75 0.75 0-year yields 1.35 2.00 2.15 2.25 2.25 3.9% United Kingdom Repo rate 0.50 0.50 0.50 0.50 0.50 0-year yields 1.74 2....
… currency. Watch next week’s BoJ meeting, led by newly appointed Governor Kuroda, for new reflationary measures. e The Euro area economy remains in recession, while policy makers are making little effort to reverse the contraction. We monitor signs of any large deposit flight po...
…14 YTD Return* United States Fed funds rate 0.125 0.125 0.125 0.125 0.125 0-year yields 1.85 2.00 2.10 2.25 2.35 -0.5% Euro area Refi rate 0.75 0.75 0.75 0.75 0.75 0-year yields 1.29 1.55 1.70 1.80 1.90 0.0% United Kingdom Repo rate 0.50 0.50 0.50 0.50 0.50 0-year yields 177 2...
…, a publicly-traded corporation, owns more than 10% of each of them. The parent company of Appellant Cantor Fitzgerald Europe is Cantor Fitzgerald, L.P.; no publicly-traded corporation owns more than 10% of it. 17-3510 (Continental Cas. Co. v. Al Qaeda Islamic Army): Appellants...
…he currency. Watch next week’s BoJ meeting, led by newly appointed Governor Kuroda, for new reflationary measures. The Euro area economy remains in recession, while policy makers are making little effort to reverse the contraction. We monitor signs of any large deposit flight po...
Eurozone equities Euro Stoxx (27 June): 217 (last month: 215) UBS View Euro Stoxx (6-month target): 223 ¢ The crisis in the Eurozone will remain the main driver in the coming months. After the elections in Greece, progress on the reform program will be closely monitored. Spain a...
…uTube @Scouriebeast @COLRICHARDKEMP @JodieActy I am suggesting the EU stops and it will. Then we can work with our free European partners. #Brexit 23 Jun 2016, 01:13 - CEST 23 Jun 2016, 01:13 - CEST 23 Jun 2016, 01:13 - CEST Paris / Vendà ©e 0 positive 4 negative 0 negative Solo-...