News & Markets
116 news articles are available
29/05/2020
Latest from the markets
Latest From the Markets: 29th May 2020
After a positive day in the Asian and European markets, Wall Street gave up its gains in the final session, closing slightly down due to the growing tensions between the US and China, exacerbated by China's intent on imposing new national security laws in Hong Kong, and President Trump's attack on social media.
28/05/2020
Latest from the markets
28th May 2020
International stock markets closed positive again yesterday, although Wall Street ended the day just shy of the day's highs and the S&P 500 index failed to close above the psychological threshold of 3,000 points.This was mostly due to the correction seen in technology stocks and online stocks in general, which have supported the market's recovery thus far.Conversely, the sectors that have suffered most in the pandemic, such as airlines, holiday and cruise companies, are making a comeback – although they do have a lower weight on the large indices.
27/05/2020
Latest from the markets
27th May 2020
International stock markets closed positive again yesterday, although Wall Street ended the day just shy of the day's highs and the S&P 500 index failed to close above the psychological threshold of 3,000 points.This was mostly due to the correction seen in technology stocks and online stocks in general, which have supported the market's recovery thus far.Conversely, the sectors that have suffered most in the pandemic, such as airlines, holiday and cruise companies, are making a comeback – although they do have a lower weight on the large indices.
27/05/2020
Investment Talks
The day after #4 - Inequality in the context of the Covid-19 crisis
For several years now we have argued that the social theme, and in particular the issue of social inequality, was becoming a major issue for various global economies and for investors, both institutional and retail.
26/05/2020
Latest from the markets
26th May 2020
London and New York were both closed for a bank holiday yesterday.Asian and European markets managed to close positively, confirming the rotation on sectors most penalized by the pandemic, crisis such as those related to tourism, airlines, airports, and hotels.
22/05/2020
Latest from the markets
22nd May 2020
Yesterday was a bad day for international stock markets, mainly due to renewed tensions between the US and China, with President Trump threatening retaliation if China were to impose national security laws on Hong Kong in response to last year's pro-democracy protests.
21/05/2020
Latest from the markets
21st May 2020
Renewed hopes for economic recovery following "Phase 2“ supported market performance yesterday.The technology sector is still the frontrunner in the US, with the Nasdaq 100 up by +8.6% YTD and only -2.3% lower than the absolute highs of 19 February. The Russell 2000 index (small and mid-cap), was up by +3%. The Financial and Oil sectors also performed well, thanks to the continuous rise in the price of crude oil.The European markets, after a start of a slow start, have also regained some strength thanks to the positive opening of the US market, closing at a high during the day.
20/05/2020
Latest from the markets
20th May 2020
Following Monday's strong session, the European and US markets lost some ground yesterday.The main surprise was the negative closure of Wall Street at about -1%, the dip happened in the last hour of trading, following the publication of news that questioned the results of the first phase of an experimental vaccine which had fuelled hope in the market on Monday.
20/05/2020
Investment Talks
Focus on Italy: macroeconomic and fixed income scenario
The global background and Italy: if we wanted to characterise the contraction and recovery pattern, we would probably describe it as a ‘long U-shaped’ recovery; in other words, as a gradual normalisation which will take some time before seeing a return to pre-crisis levels. In Italy, the government is estimating an 8% GDP contraction this year, followed by a 4.7% YoY rebound in 2021. In our analysis, we consider two possible reference scenarios for 2020 growth: -8.0% YoY (as per the government scenario) and - 12.0% YoY.