European Central Bank
Stocks Up, Metals Rise as Markets Await Earnings: Markets Wrap
published Jul 17th 2017, 11:58 am, by Samuel Potter (Bloomberg) —Stocks rose slightly Monday as metals climbed on better-than-expected Chinese growth. The pound fell as Brexit negotiations resumed. The S&P 500 Index added to its gains after reaching a record on Friday. The Stoxx Europe 600 Index swung between gains
As Risk Rises, Emerging Markets Are Too Complacent: Satyajit Das
published May 1st 2017, 4:00 pm, by Satyajit Das (Bloomberg View) — For all the hand-wringing over when and how the Federal Reserve would begin tapering its massive bond-buying program, emerging nations appear to be relatively well-prepared for higher U.S. interest rates. Compared with the period before the 1997 financial
Euro Slides as Exit Polls Show Italy Voted ‘No’ in Referendum
published Dec 4th 2016, 4:14 pm, by Chiara Albanese (Bloomberg) — The euro fell as exit polls showed a lead for the “no” campaign in Italy’s constitutional referendum. The single currency slid against all of its 16 major peers as investors gauged whether the vote could upset the nation’s political
Traders Brace for More Turmoil in World’s Worst Equity Market
published Aug 16th 2016, 6:00 pm, by Roxana Zega (Bloomberg) —While most western-European markets have recovered from the Brexit shock, Italy still has a long way to go. With a looming referendum and an ongoing banking crisis, traders are paying up to hedge against more stock turbulence. Investors in the
The Entire World Has a Barbell Strategy and That’s Nuts: Gadfly
published Aug 11th 2016, 4:00 pm, by Christopher Langner (Bloomberg Gadfly) —The investment universe seems to be going nuts. Everyone’s moving either into the safest assets, such as gold and Treasuries, or into the riskiest ones, like emerging-market debt and equities. Call it a mass barbell strategy. Or perhaps negative-rate
A Post-Brexit Opportunity Europe Shouldn’t Miss: Nicolas Veron
published Jul 14th 2016, 1:22 am, by Nicolas Veron (Bloomberg View) —If there is a silver lining for the world of finance from the Brexit vote it is this: that the departure of Britain offers the European Union a chance to complete much-needed reforms to the Continent’s lagging capital markets.
Everything’s a Buy as Central Banks Keep on Greasing Markets
published Jun 8th 2016, 6:00 pm, by Ye Xie, Natasha Doff and Dani Burger (Bloomberg) — Misery is making strange bedfellows in global markets. At a time when risky assets including stocks, commodities, junk bonds and emerging-market currencies are rallying to multi-month highs, so are the havens, from gold, government
Greek Aid Talks Gain Urgency as Breakthrough Remains Elusive
©2015 Bloomberg NNSDOK6K50XU (Bloomberg) — Greece and its international creditors are still far apart on key elements of the country’s bailout agenda after four days of intensive negotiations. Differences remain on issues ranging from fiscal assumptions to asset sales and labor and pension reforms, according to three people familiar with