capital markets – The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology

The London City-EU connection holds despite of Brexit and the ban of LSE-Deutsche Börse merger

April 3, 2017 by Dennis Kefalakos Leave a Comment

European Commission’s decision to ban the Deutsche Börse – London Stock Exchange merger, on the one hand solved a long list of problems it could have triggered, in view of and after the Brexit. On the other hand though, this decision has created probably as many issues, because London is the long established low cost […]

Filed Under: Economy, Markets, Policy Tagged With: bankers, banks, bonds, Brexit, Britain, capital markets, Cassa di Compensazione e Garanzia, City, derivatives, Deutsche Börse, Deutsche Boerse, Eurex, Europe, European Commission, European competition Commissioner, European Union, fixed income instruments, France, Frankfurt., Germany, Italy, LCH Clearnet Ltd, LCH Clearnet SA, LCH. Clearnet, London City, London Stock Exchange, LSE, Margrethe Vestager, Paris, stock exchanges, stocks, Wolfgang Schäuble

Mario Draghi didn’t do it but Kim Jong-un did

September 12, 2016 by Dennis Kefalakos Leave a Comment

Last Thursday, Mario Draghi, the President of the European Central Bank, was unable to move the capital and money markets with his customary monetary policy Press conference in Frankfurt am Main. On the contrary, North Korea’s leader Kim Jong-un, a global castoff, did it the next day just by pressing a button. However, it took […]

Filed Under: Economy, EUGlobe, Eurozone, Korea, Markets, Policy, Politics Tagged With: Berlin, bombs, capital markets, Dow Jones, ECB, ECB Governing Council, ECB governor, euro area, European Central Bank, Eurozone, Frankfurt am Main, Germany, interest rates, Japan, kilotons, Kim Jong-un, Mario Draghi, markets, monetary policy, money markets, Nasdaq Composite, New York, North Europe, North Korea, North Korea despot, nuclear bombs, Pyongyang, S&P, south Europe, South Korea, stagnation, stock markets, strategic missiles, US, Wall Street

Why are the financial markets shivering again?

January 25, 2016 by Dennis Kefalakos Leave a Comment

The major central banks of the world are currently in the middle of a precise but of dubious results surgical operation on capital markets. On the one hand, the monetary authorities aim at supporting the real economy by injecting more cash into the financial system. On the other, they try to mitigate the risky super […]

Filed Under: China, Economy, EUGlobe, Markets, Policy, USA Tagged With: Bank of England, Bank of Japan, banks, Britain, capital markets, central banks, China, crude oil, ECB, European Central Bank, Eurozone, Fed, London, Mario Draghi, markets, New York, oil, People's Bank of China, stock markets, Tokyo, US, Wall Street

Germany objects to EU Commission’s plan for a Eurozone bank deposits insurance scheme but Berlin could go along

November 26, 2015 by Dennis Kefalakos Leave a Comment

Last Tuesday the European Commission aired a groundbreaking proposal, about the creation of a euro-area wide insurance scheme for bank deposits. In this way the European Banking Union will start having a meaning for the average European. It’s a plan for a European Deposit Insurance Scheme (EDIS) which is meant to complete the Banking Union […]

Filed Under: Economy, Eurozone, Policy Tagged With: Athens, bank deposit insurance scheme, bank deposits, banking risks, banks, Berlin, Brussels, capital markets, Commission, EDIS, EU, euro, euro area, Eurozone, financial services, Germany, Greece, Lord Hill, risks

Greece’s Tsipras: Risking country and Eurozone or securing an extra argument for creditors?

June 30, 2015 by Dennis Kefalakos Leave a Comment

The Greek Prime Minister Alexis Tsipras and his governing left wing SYRIZA party, cornered between its populist rhetoric for greener grass and the realities of the dragging on negotiations with the country’s creditors, called for a referendum next Sunday 5 July without a clearly defined question, denying to exactly clarify where the ‘yes’ or the […]

Filed Under: Economy, Eurozone, Policy, Politics Tagged With: Angela Merkel, Athens, Berlin, bonds, capital markets, default, EU Commission, euro, euro area, European markets, Eurozone, Germany, Graccident, Greece, Grexit, Jean-Claude Juncker, markets, referendum, sovereign debt, Tsipras

ECB’s billions fortify south Eurozone except Greece; everybody rushes to invest in euro area bonds zeroing their yields

March 9, 2015 by Dennis Kefalakos Leave a Comment

Even without having spent yet a single euro the European Central Bank’s program of sovereign bond buying of €60 billion a month has had an enormous impact on world financial markets. It suppressed the euro dollar parity from the unbearably high levels of 2014 (1.39 on 9 March 2014) to 1.08510 last Friday, the lowest […]

Filed Under: Economy, Eurozone, Policy Tagged With: Berlin, bonds, capital markets, Draghi, ECB, Eurobond, Eurogroup, Eurozone, Frankfurt., Germany, Investors, Ireland, Italy, Portugal, Renzi, Spain

Eurozone: The crisis hit countries are again subsidizing the German and French banks

May 19, 2014 by George Pepper Leave a Comment

The European Commission, the European Central Bank and the International Monetary Fund, the infamous ‘Troika’, officially declared that Portugal has successfully completed the assistance program and now as a financially self-sustainable country she can address herself to the markets, whatever this last term means. Towards the end of April, Portugal sold a €750 million bond […]

Filed Under: Policy Tagged With: banks, capital markets, Commission, France, Germany, Greece, Ireland, Portugal, Siim Kallas, Spain, troika

Why capital markets have no more reservetions about Eurozone

September 13, 2013 by Elias Lacon Leave a Comment

Borrowing on international markets is not at all a straightforward activity. Things are even more complicated when it comes to long-term debt paper with maturities spanning to decades. This little theory tells a lot about Eurozone’s creditworthiness. As a matter of fact, during the last few weeks the European Financial Stability Facility (EFSF) borrowed from […]

Filed Under: Economy, EUGlobe, Eurozone, Russia Tagged With: bonds, Brussels, capital markets, debt, EFSF, ESM, Medvedev, Moscow, Putin

Eurozone: New data show recession and debt closer to explosion

May 16, 2013 by George Pepper Leave a Comment

Yesterday the world was informed that Eurozone is stuck into recession, after the Eurostat, the EU statistical service, announced that the euro area GDP receded once more during the first quarter of this year. However, this was not news for those who follow closely what is happening in the single euro money zone. Only some […]

Filed Under: Policy Tagged With: capital markets, debt, Eurostat, Eurozone, growth, interest rate, investments, profits, recession, service

Eurozone plans return to growth

May 10, 2013 by George Pepper Leave a Comment

After Dr Wolfgang Schaeuble, the German minister of Finance stated that it was a fair decision by Brussels to give France two more years to straighten up its fiscal accounts, the climate in Eurozone has changed from winter to spring. Up to now Paris was at odds with Berlin over the severe austerity policies imposed […]

Filed Under: Economy, Eurozone Tagged With: austerity, capital markets, ECB, EU Commission, Germany, growth, IMF, Moscovici, Schäuble

Eurozone 2013: Where to?

December 31, 2012 by Suzan A. Kane Leave a Comment

In 2012, Eurozone not only managed to effectively counter its double-faced, credit and sovereign debt crisis, but also convinced the global financial community, that the single European currency is probably the safest deposit of value. The world responded positively by voting the euro at the region of 132 American cents. A fair price, to keep […]