ende

Category

NACHRICHTEN
In recent days, the financial news has been abuzz with speculation about Chancellor Jeremy Hunt’s potential reforms to the UK’s non-domiciled (’non-dom‘) tax status in the upcoming budget announcement. While it’s tempting to dive into predictions and potential outcomes, I believe such speculation is best left until after the official word is released (more to...
Read More
Founded in 1856 by the Swiss railway pioneer Alfred Escher, Credit Suisse has long been seen as a symbol of everything good about Switzerland: Strong, efficient and stable. It is difficult to walk into a single urban area within the alpine country and not find a branch of the globally recognised brand. One of its...
Read More
It’s 2023, fifteen years since the financial crisis of 2008, an event which many considered was unlikely to be repeated. Yet here we are again, with queues of concerned customers standing outside a large failed financial US institution, demanding the return of their deposits. So just how concerned should we be? What happened? Silicon Valley...
Read More
This year’s presidential elections are completely overshadowed by the Covid crisis. The magnitude of the economic crisis is forcing the two parties on the political spectrum to converge. Therefore, to a large extent, economic policies for the coming years will follow a pre-set course. Support for households and businesses will be financed with large fiscal...
Read More
Oil prices plummeted yesterday, with the future of the WTI for the first time in history trading in negative territory Despite the vertigo produced by seeing negative prices, these can be explained by a combination of both fundamental and technical factors. Furthermore, it is reassuring to see that both Brent crude prices and long-term future...
Read More
After yesterday US congressional leaders agreed on a relief package for the US economy of historic proportions, another critical milestone has been passed. The fiscal and monetary firewalls that have been erected should be sufficient to allow the economy to hail from a sudden slowdown in activity. However, there is still a fundamental unknown to...
Read More
Yesterday’s sharp market correction was triggered by the new coronaviruses cases reported over the weekend. The new outbreaks are qualitatively different, since they have arisen in regions far away from China, such as Iran or Italy, which increases the risk that the new disease can become a pandemic. However, since health authorities and the population...
Read More
Tweet War Since Trump’s tweets last Sunday threatening to impose new tariffs on China, the stock markets have fallen from levels close to their all-time highs, with the S&P 500 down 3.5% in the week. Although both technical factors and increased volatility due to being in the middle of the earnings season may have had...
Read More
Markets tumbled yesterday after president Trump announced further trade tariffs, this time aimed exclusively at China. The extent of the fall indicates that despite some protectionist measures already being priced in to the market, the recent ousting of moderate senior figures in the White House is translating into a more belligerent administration, hence causing market...
Read More
The U.S. is seeking to impose sanctions on ABLV Bank, the third largest financial institution in Latvia by assets. FinCen, the U.S. Financial Crimes Enforcement Network, released the following memo on 13th February: WASHINGTON – The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a finding and notice of proposed rulemaking...
Read More
1 2