Investors buy into oil before price rise


A hawkish post-meeting statement from the Federal Open Market Committee drove the US dollar (DXY) temporarily higher, suppressing gains in many commodities. However, subdued PCE deflators and muted increases in wages took the edge off upward US dollar pressure by the end of the week and barring any surprises, commodities… Read More »

TCW arrives in Italy with six active funds


The listing of funds in the Italian market represents an important step of TCW’s ongoing growth in Europe. Lippman (ceo and president): “We hope in the future to add new funds”. A new player comes directly from the US to the Italian Exchange. It’s TCW, a leading independent global asset… Read More »

Quasi-Sovereigns in Emerging Markets


Emerging market (EM) corporate debt has been the fastest-growing segment of fixed income assets over the past decade One significant contributor to this growth in EM corporate debt in recent years has been the increasing share of quasi-sovereign issuance, which accounted for 49% of the US$371 billion of bonds issued… Read More »

Stimulus helps global economic outlook

Martin Arnold -

Central banks from Europe to China are keeping the stimulus taps flowing alongside modest but encouraging signs of global recovery While Chinese growth dipped under 7% for the first time since 2009, Chinese authorities remain ready to provide support and have the balance sheet to match. Alongside indications of resilient… Read More »

Are commodities at a turning point?


Pressure on commodities seems to be easing on the back of technical support and better fundamental prospects Although China imports fell by 17.7% over the past year to September, demand for some commodities remains resilient Gold at a four-month high. Gold rose 3.9% last week, marking the second consecutive week… Read More »

German Automaker Volkswagen Ratings Lowered To ‘A-/A-2’


Volkswagen AG (VW) is facing wide-ranging negative credit consequences following its admission that it installed software designed to manipulate diesel engine exhaust emissions in 11 million vehicles Standard & Poor’s Ratings Services said that it lowered to ‘A-/A-2’ from ‘A/A-1’ its long- and short-term corporate credit ratings on Germany-based auto… Read More »

Is this a dead-cat bounce?


Will the equity bounce be short-lived or is the bull market still intact? Our analysis suggests that Eurozone equities tend to go up in the year after a 15% decline. However, the evidence is not overwhelming and the outcome seems to depend upon the extent of the economic slowdown. We… Read More »

OverProfit, stocks with great opportunities for growth


Siemens, SAP, RWE and Credit Suisse: here are some interesting stocks according to OverProfit, that allows you to detect when a stock is overvalued ore undervalued from a fundamental point of view Identifing whether a stock is overvalued or undervalued is now possible with OverProfit, an unique and innovative platform,… Read More »

Brazil is not Russia so don’t expect Brazilian bonds to deliver Russian returns

Charles de Quinsonas -

Brazil has been facing the perfect storm since the re-election of Dilma Rousseff in October 2014 and asset prices in Latin America’s largest country have collapsed Credit default swaps on Brazil 5-year sovereign debt in US dollar and hard-currency corporate bond spreads widened to as much as 545 bps and… Read More »

Profit taking multiplies as commodity prices rebound


Commodities rose 3% on average as a result. Continued declines in global supply of many commodities combined with further corporate adjustments in production and capital expenditure should continue to lend support to the asset class. Rising uncertainty benefits gold. Gold ETPs recorded net inflows of US$18.4mn for the fourth consecutive… Read More »