It is said that economic forecasts mainly serve to make astrologers seem a little more credible. A look at the success of last year’s predictions adds weight to this not very flattering bon mot. Instead of the most expected recession in history, the US economy expanded at a rate of 5.2 percent in the third … Read more
I breathe for those who have taken out a mortgage and for those other people who plan to do so in the future. And all because, after a year and a half of rate increases, the Euribor has changed its trend. Thus, the index that is used every month as a reference for the calculation … Read more
According to quarterly barometer Challenges-Meti-banque Palatine, a majority of business leaders (50.9%) have revised their investment plans downwards, or planned to do so. It is true that the share of those who see their financial costs increase is now nearly 75%, compared to 68% during the September 2023 survey. For Frédéric Coirier, CEO of the … Read more
Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more
Global government bonds got off to a cautious start to the year as traders scaled back bets on major central banks cutting interest rates significantly this year. Germany 10-Year Treasury Bond YieldOn Tuesday (2nd), it jumped 9 basis points to 2.11%, a new high in more than two weeks, while the UK 10-Year Treasury Bond … Read more
2′ reading (Il Sole 24 Ore Radiocor) – Archived an octave marked by caution, at the mercy of monetary policy decisions, European stock markets open the first session of the week with a decline, in the wake of the weakness of Asian stock markets. Tokyo closed lower, with the Nikkei index at -0.64% and the … Read more
In an interview after the publication of the latest statistical data, which shows that inflation in the Eurozone fell to the lowest level in 27 months in October, Kazak stated that a sharp drop in economic activity or an increase in unemployment might be necessary to consider such a decision. “There is no need to … Read more
1′ reading The Dbrs Morningstar agency confirms the BBB (high) rating for Italy with a stable trend. This is what we read in a note, which explains that Italy’s “economic fundamentals remain resilient” and the Pnrr supports growth. The stable trend reflects DBRS Morningstar’s view that ratings risks are balanced. The impetus resulting from the … Read more
In the last few months, a Czech investor could use one completely trivial tactic to get money: Simply exchanging crowns for US dollars at the nearest exchange office was able to earn him almost ten percent since mid-July. That’s how much the dollar overtook the Czech currency in just three months. And so far there … Read more
“The drop in year-on-year inflation was such that not only inflation itself but also prices fell. So we have deflation for September. All of this was stronger than expected,” emphasizes Datarun economist Petr Bartoň. “When even the rise in fuel prices could not prevent deflation, it is certainly a strong signal for the central bank … Read more