On this week’s businesss monitor podcast, we assess the state of the European banking sector on the back of the EU-wide stress test results released on July 23. BMI’s Head of Country Risk and Financial Markets Justin Patrie, along with Head of Europe Analysis Mark Schaltuper and Europe Analyst Chris Graham, dissect the methodology of… [Read more]
Technological advances in hydraulic fracturing and horizontal drilling have resulted in booming gas production from shale deposits in the US. US gas reserves, once thought due to run out in 30 years, now look sufficient to meet 100 years of demand. While this is good news for the US, as it reduces gas import dependency,… [Read more]
My colleagues’ long-held view that downward price pressures would be the prevailing influence on European bond markets this year has continued to play out. German 10-year bund yields pushed through 12-month resistance at 3.10% to trade at 3.07% at one point on March 23, setting up further compression back to 3.00% in the short term…. [Read more]
In an era where a global financial crisis has been caused not by developments in Russia, South-East Asia or Argentina, but by banking insolvency in the United States and sovereign default risks in a eurozone member state, namely Greece, our panel of senior commentators discusses what it means to be an ‘emerging market’. Justin Patrie,… [Read more]
China’s decision to tighten monetary policy on January 12 and weak corporate earnings reports out of the US have put a damper on bullish equity sentiment in Europe. That said, I still think upside momentum can carry further on a tactical basis. Two markets I particularly like are the Russian RTS and Polish WIG20. With… [Read more]
Germany’s general elections on Sunday produced a victory for the Christian Democratic Union (CDU), which now looks set to form a coalition with the centre-right Free Democrats (FDP). The two parties would have a parliamentary majority of 42. This will bring to an end four years of the ‘Grand Coalition’ between the CDU and the… [Read more]
European parliamentary elections were held between June 4 and June 7 in each of the 27 member states. The relatively sparse coverage of the elections in the international press belies the impact the transnational parliament has on the globe. Indeed, the parliament has important powers over environment policy, transport, consumer protection, immigration and the internal… [Read more]
