The year is not over yet, but unless a serious shock, 2017 will be remembered as a year of superlatives by investors. All US equity indices printed all-time highs more than once during the year while credit spreads tightened to rock-bottom levels and volatility traded at an all-time low. Other… Read More »
Philippe Waechter -
The political upheavals and populist incursions of the past few years owe much to widespread perceptions of inequality and economic injustice in advanced economies. While median wages have stagnated, incomes at the top have continued to rise, and there is growing evidence to suggest that the two phenomena are connected.… Read More »
Fundamentals are still so good that we cannot help wondering if the only worry today is that investors do not seem to be worried. The global recovery is still on track and even seems to be marginally intensifying. What is most striking about it is not its strength, even if… Read More »
On June 5, 2017 Saudi Arabia, the United Arab Emirates, Egypt and Bahrain (known as the quartet) announced they were breaking diplomatic ties with Qatar, due to the country’s relations with Iran and accusations that it supports extremism. The quartet has suspended all air and sea travel links with Qatar,… Read More »
I like this framework that shows that the bitcoin is currently a bubble. It can have all the qualities we expected it to have (notably as a solution in front of non orthodox monetary policies) but it is currently just a giant bubble. Philippe Waechter – Chief economist – Natixis… Read More »
Following the previously announced cancellation of all publicly held registered shares of Syngenta AG (“Syngenta”) with a par value of CHF 0.10 each in connection with the completion of the public tender offer for all publicly held registered shares of Syngenta by CNAC Saturn (NL) B.V., Syngenta today announced that… Read More »
State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for December 2017. The Global Investor Confidence Index decreased to 94.8, down 1.5 points from November’s revised reading of 96.3. The fall in sentiment was driven by a 6.2 point drop in the North… Read More »
Eni successfully tested the Tecoalli-2 well, in the shallow waters of the Campeche Bay, offshore Mexico. The results of the production test performed on the Tecoalli-2 well, located in Contractual Area 1, approximately 200 km West of Ciudad del Carmen, in 33 m of water depth, confirm the excellent production… Read More »
SIX Exchange Regulation has definitely approved the delisting of the registered shares of Syngenta AG from SIX Swiss Exchange as per 8 January 2018. The last trading day of the registered shares of Syngenta AG will be 5 January 2018. N.B. – The text does not bind the staff… Read More »
The Ministry of Energy of the Republic of Kazakhstan, Eni and KazMunaiGas (KMG) signed yesterday the agreement to transfer to Eni 50% of the subsoil use rights of the Isatay block, located in the Caspian Sea, for exploration and production of hydrocarbons. The block is estimated to have significant potential… Read More »
Podcast