Monitor Brexit with the ‘OpinioPro Brexit Search Index’ Brexit and OpinioPro Brexit Monitor. Internet search for ‘brexit’ made an incredible peak in 2016 and returned in the limelight around the deadline in 2019. Context level: The peak of 260.000 would
This week, the European Commission concluded that a debt-based Excessive Deficit Procedure (EDP) against Italy is warranted. However, the final decision on whether to open proceedings against Italy will be taken by finance ministers and heads of government in the
ECB Council Meeting As expected, the Governing Council of the ECB did not decide to change key ECB interest rates at today's meeting. However, the guidance was changed somewhat surprisingly today. Whereas the ECB had previously promised the markets unchanged
CEE currencies became more attractive as the lack of room to ease rates domestically met with decreasing rate expectations on major markets. The Czech koruna seems to be the slight exception, as rate expectations are also easing there, given the
Weekly Economic Commentary The European Union (EU) is a political and economic union borne after World War II of a desire for harmony in a scarred and divided European continent. The original concept was founded on the hope that it
Due to take place on 23-26 May, the European Parliamentary (EP) elections are approaching fast. The final results will be communicated in the evening of 26 May At the time of writing, if polls are correct (1), the two mainstream
Market Commentary Eurosceptics gained considerably in the European elections and the informal pro-European coalition of Conservatives and Socialists lost its majority. However, concerns about a landslide victory for the Eurosceptics did not materialize. A pro-European majority can still be engineered
Key points Populists look set to make strong gains at the European elections but our expectation is that centrists will continue to dominate Political fragmentation will likely make the European Parliament less predictable, allowing strategic/temporary alignment of diverse political forces
European survey and hard data present a mixed economic picture; meanwhile, political risks remain elevated intra-Europe and with the rest of the world. We expect a turn in the global industrial cycle to bolster growth in Europe over the coming
Week Ahead Focus: New Yield Forecasts On interest rate markets, concerns about an economic slowdown that goes beyond its current magnitude continue to prevail. Sentiment and risks, rather than available data, are crucial. In fact, first quarter GDP growth in
Europe Insights Due to take place on 23-26 May, the European Parliamentary (EP) elections are approaching fast. The final results will be communicated in the evening of 26 May At the time of writing, if polls are correct (1), the
Shrugging off slowing growth and uninspiring economic data, European equities continued to ride a “risk on” wave in April. The S&P Europe 350 gained 4% on the month. With first-quarter earnings coming in better-than-feared for Europe’s blue-chips, and with further
Whiplash! Early October 2018 was only six months ago, but it may feel even more distant considering the 10-year yields in the U.S., Germany, and Japan were trading around 3.20%, 0.58%, and 0.16%, respectively. At the time, we provided our
Europe’s economy looks to be on the cusp of recovery – a potential support for the region’s lagging risk assets. Yet there is a key risk to our base case: Trade tensions between the U.S. and Europe may heat up
Macro and Market Perspectives April 2019 We expect Europe to shake off its current soft patch later this year, getting a boost from China’s stimulus efforts and any resulting rebound in global manufacturing. If the global growth backdrop improves and
The integration of the European retail payments markets has been going on for almost two decades. The Single Euro Payments Area (SEPA) is now a reality for over 500 million citizens using uniform credit transfers and direct debits. In contrast,
UBS House View Weekly — 15 April 2019 “Whatever it takes.” These words of Mario Draghi’s marked the inflection point in the last recession and paved the way to the present economic recovery. But as the euro celebrates its 20th
Short Note ECB As expected, no decisions were taken at today's meeting of the Governing Council. What the market had been waiting for were references to the specifications of the TLTRO-3 program – in particular, how the interest rate will
The European Supervisory Authorities, in cooperation with the European Systemic Risk Board (ESRB), are requested by legislation to use stress tests in order to assess the resilience of financial institutions or market participants to adverse market developments. As part of
Innovative Growth Companies Offer Resilient Quality. European equity markets are likely to remain volatile in 2019. Europe is home to many innovative growth companies that could perform well over the medium term.
De groei van de eurozone-economie zwakt af. Italië bevindt zich in een recessie, terwijl Duitsland deze nipt wist te vermijden. Andere eurolanden, zoals Spanje en Nederland, doen het beter. De binnenlandse bestedingen blijven daar op peil. De ECB zal de
Economic clouds are somewhat darker in Europe compared to this time last year, but we are not subscribers to the notion of an economic Armageddon. European equity markets are trading well below levels seen at the end of 2017 as
Investment Talks Developments and scenarios ahead: This is probably the most decisive week for Brexit and the situation is still rapidly evolving. Last night, Mrs. May and Mr. Juncker announced an agreement on the most controversial part of the Brexit
Dear Eurozone equities, you have been our main hope and we have favoured you since 2014. You have been a disappointment and have lagged global equities. You may appear cheap compared to other regions, but not versus your own history.
Asset Allocation Consensus Equities June 2019 on Youtube: https://t.co/WD3mMy1JgI
