macro-economy

In 2017, Investors Can Either Buy Bubbles or Be Left Far Behind – Bloomberg – 09/11/2017

A portfolio stuffed with allegedly over-inflated assets would have returned more than 120 percent so far in 2017, trouncing the S&P 500 Index and underscoring the challenge for investors facing a plethora of pricey securities.

Source:  Bloomberg, 2017/11/09

By |November 9th, 2017|Categories: News|Tags: , , |

China Clears Way for Top Xi Aide to Lead New Risk Watchdog – Bloomberg – 09/11/2017

China appointed 71-year-old vice premier Ma Kai to lead a top-level committee on financial overnight, a sign the job may soon pass to the recently-promoted Liu He, a key economic adviser to the president.

Source:  Bloomberg, 2017/11/09

By |November 9th, 2017|Categories: News|Tags: , , |

Slovenia macroeconomic conditions, forecasts favourable, central bank head says – Reuters – 06/11/2017

Macroeconomic conditions in Slovenia and economic forecasts for 2018 and 2019 are favourable, the Bank of Slovenia Governor Bostjan Jazbec said on Monday, adding banks have to continue to adapt to new economic conditions.

Source:  Reuters, 2017/11/06

By |November 9th, 2017|Categories: News|Tags: , , |

How Saudi Arabia Is Building Its $2 Trillion Fund – Bloomberg – 23/10/2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the government’s effort to diversify the economy away from oil, under a plan known as Vision 2030. The Saudis are hosting [...]

By |October 27th, 2017|Categories: News|Tags: , , |

Macro prudential stress testing: “Monitoring” the European financial system – Bobsguide – 25/10/2017

The most original innovations often stem from necessity or are born for the purposes of overcoming unforeseen difficulties. This is the case for macro prudential stress tests, namely a set of analysis techniques used by financial supervisory authorities since the great global financial crisis in 2007-2009. This approach has resulted in the achievement of significant [...]

By |October 27th, 2017|Categories: News|Tags: , , |

Egypt expects to renew financing deal with global banks – Reuters – 17/10/2017

Egyptian Finance Minister Amr El-Garhy said on Monday he expects a financing agreement with a consortium of global banks will be renewed for another year with the aim to boost foreign reserves while the government implements economic reforms.

Source:  Reuters, 2017/10/17

By |October 19th, 2017|Categories: News|Tags: , , |

Portugal to cut debt to try to lift its creditworthiness – Business Day – 18/10/2017

Portugal hopes to cut its total debt to 120% of GDP by 2019 from 130% in 2016, finance minister Mario Centeno said — a change that could help boost the country’s creditworthiness.

Source:  Business Day, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

World Bank explains stance on Nigerian govt’s debt – Premium Times – 18/10/2017

The World Bank Group on Wednesday denied that the Bank disagreed with the Minister of Finance, Kemi Adeosun, over the borrowings by the Nigerian government to stimulate the economy and finance infrastructure projects in the country.

Source:  Premium Times, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

China’s $150bn debt-for-equity swap shows signs of fizzling – Financial Times – 18/10/2017

China’s plan to swap more than $150bn in corporate debt with equity from banks and other investors has moved forward far slower than expected as banks and companies question the benefits of such deals.

Source:  Financial Times, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

Emerging Markets-China stocks hit 26-mth high, Mexican peso rebounds – Reuters – 19/10/2017

China’s stocks hit a 26-month high on Wednesday as a twice-a-decade Communist Party congress began with promises to boost the economy.

Source:  Reuters, 2017/10/19

By |October 19th, 2017|Categories: News|Tags: , , |