This week Mario Draghi, President of the European Central Bank (ECB) fired a bazooka at the Eurozone economy which led to impressive triple-digit moves for global equity indices. Great news for our clients. Next week could prove to be just as exciting, with statements due from both the Bank of Japan (BoJ) and the US…
After yesterday’s European Central Bank (ECB) policy update smashed expectations, delivering lots of excitement in finance land and moving everything from equities and commodities to bonds and currencies, we wonder whether we could be in store for more bold monetary policy updates next week that could further boost appetite for equities and see the major…
Digital Look – 11 Mar http://www.digitallook.com/news/market-report-europe/europe-midday-banks-pace-the-advance-on-ecb-stimulus–1072167.html CNBC – 11 Mar http://www.cnbc.com/2016/03/11/reuters-america-european-shares-rebound-as-miners-and-banks-rally.html Reuters – 11 Mar http://uk.reuters.com/article/europe-stocks-idUKL5N16J15O Reuters – 11 Mar http://uk.reuters.com/article/britain-stocks-idUKL5N16J1B2 Marketwatch – 11 Mar http://www.marketwatch.com/story/european-stocks-leap-as-banks-get-an-ecb-boost-2016-03-11 Telegraph – 11 Mar http://www.telegraph.co.uk/business/2016/03/11/UK Index -100-rebounds-after-oil-jumps-as-yuan-hits-2016-high-and-dol/ Nasdaq – 11 Mar http://www.nasdaq.com/article/europe-markets-european-stocks-leap-as-banks-get-an-ecb-boost-20160311-00047 AFP/Romandie – 11 Mar http://www.romandie.com/news/La-Bourse-de-Londres-en-forte-hausse-au-lendemain-de-la-BCE/684442.rom Telegraph – 10 Mar http://www.telegraph.co.uk/business/2016/03/10/UK Index -100-wobbles-ahead-of-ecb-meeting/ Guardian – 10 Mar http://www.theguardian.com/business/live/2016/mar/10/ecb-stimulus-measures-mario-draghi-negative-rates-qe-business-live…
Cairn Energy shares are top of the this morning after the company said it was ‘delighted’ with flow rates at its latest well in offshore Senegal. Investors are gushing about news that SNE-3 produced oil at commercially viable rates (4000-5000 barrels of oil per day), endorsing the scale and growth potential of the SNE field in…
Markets have begun to fret about whether the world’s central banks have run out of options to keep the ball in the air and meet their goal of helping relaunch economic growth. We ask what else can be done to ensure recovery post financial crisis in a world which is now very different. Could a…
Ever since the financial crisis, interest rates in all the major western markets – The US, UK and Eurozone – have been near zero. Most recently, the ECB took its main deposit rate into negative territory to try to stimulate the Eurozone’s sluggish GDP growth rate. With the US Federal Reserve mentioning the concept in passing…