political risk

ECB Economic Bulletin: From economic to political concerns!

On Wednesday June 21st, the European Central Bank (ECB) released its regular Economic Bulletin in which the Frankfurt-based central bank said fresh concerns have arisen as old ones fade. Indeed, risks to global growth appeared to have diminished, notably with financial markets that are so far accommodating to the Federal Reserves (Fed) tightening without problems. [...]

By |June 22nd, 2017|Categories: Analyst's Insight|Tags: , , , , , , , |

European Commission seeks reviews of Ireland’s low rates of Vat – Irish Examiner – 23/02/2017

The European Commission has called on the Government to install “systematic” reviews of all its reduced rates for Vat, such as its low level of tax on hotels and restaurants, and has warned again on the State relying too much on corporate taxes.

Source:  Irish Examiner, 23/02/2017

By |February 23rd, 2017|Categories: News|Tags: , , , , |

Bringing back some fear on the market?

Germany and France will have a very busy electoral year in 2017. Between Presidential and general elections in both countries, and after Brexit (implementation of the Article 50), the European political landscape will, for sure, definitely change.

On financial markets, this translates into a growing fear towards the unknown. Then fear turns into risk and risk [...]

By |February 23rd, 2017|Categories: Analyst's Insight|Tags: , , , , , |

European Commission seeks reviews of Ireland’s low rates of Vat – Irish Examiner – 23/02/2017

The European Commission has called on the Government to install “systematic” reviews of all its reduced rates for Vat, such as its low level of tax on hotels and restaurants, and has warned again on the State relying too much on corporate taxes.

Source:  Irish Examiner, 2017/02/23

By |February 23rd, 2017|Categories: News|Tags: , , , , |

Grexit, Nexit, Frexit: Is a new sovereign debt crisis in the making? – Natixis – FXstreet.com – 23/02/2017

In view of the analysts at Natixis, Frexit is clearly the market mover right now but more generally, investors are concerned that the Eurozone could see a resurgence of the sovereign debt crisis.

Source:  FXstreet.com, 2017/02/23

By |February 23rd, 2017|Categories: News|Tags: , , , , , , |

Move back to franc could trigger French default warns S&P – Reuters – 22/02/2017

A move by France to pay its debt into a new version of the franc would result in a default rating, S&P Global said on Wednesday, though continuing to pay bondholders in euros could see it avoid that label.

Source:  Reuters, 2017/02/22

By |February 23rd, 2017|Categories: News|Tags: , , , , , |

France’s economy needs reform not revolution – FT – 16/02/2017

France’s next president will be on course for a collision with Brussels, judging by the latest economic forecasts from the European Commission. These show the French government, which has repeatedly failed to stick to eurozone budgetary rules, set to breach the 3 per cent deficit limit by 2018.

Source:  FT, 2017/02/16

By |February 23rd, 2017|Categories: News|Tags: , , |

The U.S. Dollar Gets an Injection of Political Risk – Bloomberg – 01/02/2017

Currency traders have long been used to analyzing political risk -- just not so much when it comes to the U.S. dollar. The greenback has been rattled this week by political concerns, spurring debate over the long-term implications of Trump administration policies and their impact on demand for assets denominated in the world’s reserve currency. [...]

By |February 2nd, 2017|Categories: News|Tags: , , , , |

Political risk and higher interest rates weigh on Italy’s public debt in 2017 – ItalyEurope24 – 12/01/2017

Italian Treasuries seem to have started 2017 like they ended 2016. Yields in the first BOT auction of the year hit a new low (-0.25% yesterday) in what appears to be the last in a chain of records started well before 2016.

Source:  ItalyEurope24, 2017/01/12

By |January 12th, 2017|Categories: News|Tags: , , , , |

Global sovereign default risk to increase as credit rating downgrades to outnumber upgrades in 2017 says S&P – City A.M. – 10/01/2017

The risk of governments around the world defaulting on their debt is set to increase over the course of 2017 – although Europe’s sovereigns are expected to improve for the first time since the financial crisis, according to an influential ratings agency.

Source:  City A.M., 2017/01/10

By |January 12th, 2017|Categories: News|Tags: , , , |