EMU finance ministers finally agreed on a second rescue package for Greece. But effective disbursements remain dependent on reform implementation and are directly linked to a successful execution of the PSI deal. …..
A batch of mostly better-than-expected December manufacturing PMIs helped to kick off 2012 on an upbeat note. The JPMorgan Global Manufacturing PMI rose to 50.8 in December from 49.7 in November. In addition, there was an upside surprise out of…
Last week’s data was “snow of yesteryear”, officially confirming that EMU-wide economic activity contracted late last year. While France surprised on the upside, the recession has intensified in Italy and Portugal……
While Greece may be out of the immediate headlines, considerable implementation risks remain and we now move on to a new series of challenges…. Bob Jolly, Head of Global Macro
In this article, we would like to consider the renewed flight to quality which has been triggered by the sovereign debt crisis and examine the merits of investing in haven locations and in corporate bond-type properties with very secure income…
While Greece may be out of the immediate headlines, considerable implementation risks remain and we now move on to a new series of challenges…. Bob Jolly, Head of Global Macro
Greece is now likely to avoid a messy default next month, but in the longer term the plans behind the latest bailout are optimistic… Azad Zangana, European Economist
Singapore Exchange (SGX) announced the listing of two new exchange-traded funds (ETFs) by Lyxor International Asset Management (“Lyxor”), a wholly owned subsidiary of Société Générale. This brings the total number of ETFs on SGX to 92. …