This week it's a look at credit risk pricing in the Eurozone. This is a chart I've been using a lot in recent months, of course as of the last week it's looking a bit more interesting now! The reason why I've highlighted this chart in the past is that... Show More
Following the Macron victory, Sunny Bangia, Deputy PM at Antipodes Partners, has provided this analysis for the road ahead for the EU. With the election of Emmanuel Macron to France’s highest office, the European Union (EU) now stands at a crossroads. As a monetary union with structurally different economies, the... Show More
In his most recent 'Strategist's Corner' piece, the well followed James Swanson from MFS Investment Management cautioned on global growth outlining four following potential hurdles: "If markets stumble as 2017 progresses, it is unlikely to be because of some unexpected political event, but rather because of a reversal in the... Show More
Italy's much-delayed constitutional referendum looks like it will finally go ahead on 4 December. It has the potential to destabilize the European Union if the "No" vote wins. As described in a report by State Street Global Advisors (SSgA), Italy's referendum effectively pits the technocracy against the masses who have... Show More
Estimates state that the Italian banking system is holding around €360 billion of non-performing loans and if banks were required to write down these loans to current market values the Italian banking system could be required to raise up to €40 billion of new capital. The issue is that the... Show More
In the lead-up to the next monetary policy meetings of the European Central Bank (ECB) and the US Federal Reserve (Fed), things are now pretty clear, according to Saxo Capital Markets Asia Macro Strategist Kay Van-Petersen. He says he’ll be sticking to “the clearest path of least resistance”, which is... Show More
Following the atrocious attacks in Paris this weekend, Saxo Capital Markets Asia Macro Strategist Kay Van-Petersen says that while "Parisians will emerge out of this stronger and more united than before, unfortunately politics will be something very different". Van-Petersen believes the latest terrorist episode claimed by ISIS will put even... Show More
Evidence is beginning to support a long, slow-growth expansion in the Eurozone. One of Livewire’s contributors, Nick Griffin of K2 Asset Management, who’s based in London is pretty bullish on Europe, "the stocks there are the cheapest in the world". He explains further why he is excited about Europe in... Show More
Mark Dow, the global macro hedge fund manager says “it’s going to be ok” and provides seven points to back up his reassuring words. Dow says 1) We’re more psychologically prepared for a Grexit than we were in 2010. 2) We’re now more financially prepared. 3) We’re more economically prepared.... Show More
Gavyn Davies, formerly Head of Global Economics at Goldman Sachs and now blogger at the FT says “Assuming that the oil price is now tracing out a bottoming pattern, as US fracking output is rapidly reduced and oil demand begins to rise, the global deflationary shock is over, for now... Show More