Tag Archive for 'Capital Markets'

Page 2 of 5

Future of finance

Published on May 31, 2009 in International Finance. 0 Comments Tags: , , , , .

futurefinance
From the ruins of the credit crunch, a new financial order will emerge. Its shape is not yet known, but is already hotly debated. Will there be a new model for investment banking? The socialisation of risk? A return to Keynesianism? What role will hedge funds and private equity play? And government and regulators?

In this series of exclusive video interviews, Lionel Barber, editor of the Financial Times, talks to some of the chief protagonists – bankers, policymakers, financiers – and asks them to explain not just what happened, but also how they think finance will adapt to the post-crash world.

Capital Markets vs. Casinos

Published on January 27, 2009 in Personal. 1 Comment Tags: , .

capital markets vs. casinos People often talk about financial markets as if they were casinos, but reflexivity makes them much more dangerous than any gambling den. The numbers on a roulette wheel never change, but markets offer no guarantee that yesterday’s odds will be the same tomorrow.

Recession Tracker

Published on January 23, 2009 in International Finance. 0 Comments Tags: , , .

Global Downturn

Wanna see how the recession has affected GDP, house prices, rates and inflation. BBC published an analysis on stock markets and government rescues here (Global Downturn). In light of this the Financial Times has published a special report on how to fight a global downturn here (Managing in a Downturn).

2008 in Capital Markets

Published on January 1, 2009 in International Finance. 0 Comments Tags: , .

the-year-in-markets-2008

Investment Outlook 2009

Published on December 8, 2008 in International Finance. 1 Comment Tags: , , , .

The highlights of Reuter’s Investment 2009 summit can be found here.

As the financial crisis continues to roil credit and stock markets around the globe, it seems that no country or continent is being spared the consequences. Brazil, Russia, India and China — the BRIC countries — are no exception. Knowledge @ Wharton covered this topic here (Feeling the Pain: How the Financial Crisis Is Affecting Brazil, Russia, India and China).

Global Stock Markets in 2008

Published on November 12, 2008 in International Finance. 0 Comments Tags: , .

Curious on how some of the main global stock indexes have fared during the financial turmoil of 2008?

The BBC elaborated here on main global stock indexes and how they have fared during 2008 (graphs update automatically).

The Downturn

Published on October 24, 2008 in International Business and International Finance. 0 Comments Tags: , , , .

Global share markets have fallen back amid investors’ widening fears of a sustained worldwide economic recession.

It is startling how quickly and savagely the global credit crunch is morphing into a full-blown economic crisis.

The latest gloomy news on the economy took the euro below $1,26. Six months ago, a euro would buy as much as $1,60. Such has been the severity of the recent shifts in currency markets that the euro is one of the better performing global currencies. It is down by 14% against the dollar this year; the pound by 22%. A good chunk of that fall took place in the past week.

A handful of rich-country currencies have fared worse. The Norwegian krone and Canadian, New Zealand and Australian dollars have fallen by still more, partly a reflection of the worsening prospects for economies that are sensitive to falling oil and commodity prices (Source).

Not every currency can go down. As investors pull funds from one country they need to find a new home for their money. The favoured destination for now-skittish capital is Japan. The yen which has risen, according to intra-day trading, by a fifth against the dollar since the start of the year, is proving attractive because of Japan’s status as the world’s biggest creditor nation.

When credit is drying up, investors steer clear of countries with current-account deficits, since their economies rely on overseas borrowing to sustain them. But Japan habitually runs trade surpluses and, as a consequence, has built up a big stock of foreign assets (Source).

Continuously updated coverage on the global financial turmoil can be found here: Reuters|From Wall St to Your Street, BBC|Global Financial Crisis, and BBC|The downturn .

Gains, gains, everywhere

Published on October 14, 2008 in International Finance. 0 Comments Tags: , , .

The eight-day losing streak ends Monday after central banks and governments announced measures to bolster the global financial system.

At the close Monday (October 13th), the Dow Jones industrial average soared 936.42 points, or 11.08%, to 9,387.61 — the biggest point gain ever. The S&P 500 index climbed 104.13 points, or 11.58%, to 1,003.35, boosted by shares of investment banking and brokerages and auto manufacturers. The Nasdaq composite index rose 194.74 points, or 11.81%, to 1,844.25.

Furthrmore, equities and currencies in Asia, Latin America, Europe and the Middle East rallied Monday as well. Rebounding from last week’s steep losses after governments around the world laid out measures in response to the global financial crisis, boosting risk appetite and investor sentiment.

A round up of the global turmoil around the world can be found here.

Global Stockmarkets Plummet

Published on October 10, 2008 in International Finance. 0 Comments Tags: , , , .

Stock markets in Asia and Europe plummeted on Friday October 10th. Japan’s stockmarket ended the week in disarray: the Nikkei 225-share index fell by 24% on the week, twice the weekly fall of the 1987 crash. It is now at five-and-a-half-year lows. Europe followed suit. London’s FTSE 100 slumped by more than 10% within minutes of opening; by mid-morning European stocks were also down, with Germany’s DAX index down by more than 8%. Amid widespread anxiety the oil price also tumbled, to around $81 a barrel, its lowest level in a year.

The falls underline that stockmarkets, traumatised by the near-paralysis in credit markets, the collapse of once-mighty banks and the prospect of global recession, are suffering what has been dubbed a “cascading crash”: a series of blows which, added together, are stomach-churning. Source: BBC, The Economist and BusinessWeek.

“Major global downturn” says IMF

Published on October 8, 2008 in International Finance. 0 Comments Tags: , , , .

The world economy is entering a major downturn in the biggest financial crisis since the 1930s, said the International Monetary Fund (IMF).

In a hard-hitting report, the IMF warned the global economy was facing its most dangerous crisis for 70 years. World economic growth will slow substantially this year, and only pick up modestly later in 2009, it said.