Mexico’s new president: IMF dilemma and risk for Latin America By Hector Torres Mexico’s new president, Claudia Sheinbaum, is inheriting a fiscal imbalance equivalent to 5.9% of the country’s gross domestic…
Finance
HIGHLIGHTS June 28 2024 Global Markets Semi-core and peripheral EGBs continued to underperform core paper, with the 10-yr OAT-Bund yield spread closing above 80bps yesterday for the first time…
EIB and Cepsa sign €285 million loan to finance the construction of a second-generation biofuels plant in Spain
· Plant in Andalusia region to make biofuels from organic waste like used cooking oil or agricultural waste, supporting the circular economy. · Biofuels to be used in sectors that are difficult…
HIGHLIGHTS June 26, 2024 Global Markets European equities rose at Wednesday’s open after ECB policy maker Olli Rehn said in an interview that investor expectations for two more rate…
Market Report – UK retail sales much better than expected, AI profit-taking seen on Wall Street
Market Report – UK retail sales much better than expected, AI profit-taking seen on Wall Street Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “Unsurprisingly, the Bank of England’s interest rate…
FCA on high alert over gamification of trading apps FCA and gaming apps experiment: https://www.fca.org.uk/news/press-releases/fca-keeps-trading-apps-under-review-over-gaming-concerns Risk taking and arrears data in the HL Savings & Resilience Barometer on efficient use…
Cash ISAs through savings platforms continue to offer top rates for savers HL’s Cash ISA remains the only savings platform to offer clients the ability to spread their ISA allowance…
Geopolitical risks continue to loom over central bank FX reserves By Gary Smith Two surveys of central bank foreign exchange reserve managers have been published in recent weeks – both…
Emma Wall, head of investment analysis and research, Hargreaves Lansdown: “The General Election may be dominating the headlines, but the most exciting opportunity for investors is not linked to who…
Building the next generation of capital markets By Katerina Liu Market participants have been talking about using distributed ledger technology as a tool to improve capital markets infrastructure for at…
Five ways to respond to the manifestos – don’t let the investment dog chase the policy squirrel
Sarah Coles, head of personal finance, Hargreaves Lansdown: “The manifestos delivered some pretty hefty tomes, packed with pledges, promises, bunting, babies and hard hats. But now the dust has settled…
Europe’s unnecessary rate cut By Nout Wellink From a macroeconomic point of view, the European Central Bank’s 0.25 percentage point interest rate cut on 6 June was not necessary –…
Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “The UK market has shrugged off more upbeat trading in Asia to open down at the open. This partly reflects a lack of…
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’With torrid Tuesday in the rear-view mirror, London stocks are poised to regain some bounce, helped by a slightly more upbeat…
Sarah Coles, head of personal finance, Hargreaves Lansdown: “The manifesto leaks meant there wasn’t an awful lot left in the tank for surprises at the Conservative manifesto launch. Instead, the…
HAMBURG/GERMANY – Subject to the approval of the ECB, Luc Popelier will take over as the new Chief Executive Officer of HCOB on September 1, 2024. At the end of a…
ECB cuts interest rates, but is now set to hit the pause button Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The European Central Bank has, as widely predicted,…
Frozen tax thresholds set to stay after election, while 2.1 million are dragged into paying tax
HMRC released data on taxpayers today: Numbers of taxpayers and registered traders – GOV.UK (www.gov.uk) Sarah Coles, head of personal finance, Hargreaves Lansdown: “Most of the frozen tax thresholds look set…
Market Report – FTSE recoups some losses after a tough week, JD Sports reports full year results
Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “The FTSE 100 has had a tough week, but it has continued to recoup some of its losses in the final trading day…
NatWest share sale is put on hold while data shows how privatisations kickstarted new investment habits
Figures from a survey of 2,000 people by Opinium for HL in April 2024, unless otherwise stated. Susannah Streeter, head of money and markets Hargreaves Lansdown: ‘’The NatWest share sale,…
The last mile: financial vulnerabilities and risks Wednesday 29 May, Roundtable Fabio Natalucci, deputy director of monetary and capital markets at the International Monetary Fund, joins Mark Sobel, US chair…
Salvation for Sunak as he leads Conservatives to slaughter By Meghnad Desai The British election on 4 July is important not because of any great uncertainty about the outcome –…
Pets at Home, Full Year Results, Wednesday 29 MayGuy Lawson-Johns, equity analyst, Hargreaves Lansdown “Pets at Home has shown that it isn’t immune to a challenging consumer environment. Downgraded profit guidance following…
Money lessons would be a great start – but homework counts too Sarah Coles, head of personal finance, Hargreaves Lansdown: “They might pass their SATs, GCSEs or A-Levels, but there’s a…
Digital money summit 2024: new engines and new rules By Lewis McLellan As developments in digital finance gain traction, the future of our financial systems stands to look radically different.…