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  • The MGS market after Trump

    The MGS market after Trump

    In last week’s article, I documented the unexpected reaction across equity, bond and foreign exchange markets following the surprising election of the Republican nominee Donald Trump to the White House. From the various telephone calls and e-mails...

  • EU proposes new rules on banks’ capital requirements

    The European Commission proposed new rules for banks yesterday in line with capital requirements agreed by global regulators – but with some tweaks, in a sign of a growing fragmentation of international financial controls. Unveiling a large...

  • Hammond gives help to UK low earners as focus remains on budget gap

    Britain’s Chancellor said yesterday that he was raising the minimum wage and taking the edge off a benefits squeeze for low earners, but that fixing the public finances would be a bigger priority as the country gets ready for Brexit. In the first...

  • Dow hits record; US yields, dollar at multi-year highs

    The US Dow Jones industrial average hit a record high for a third straight day yesterday, while US two-year Treasury yields and the dollar hit multi-year peaks after upbeat US economic data reinforced expectations of interestrate increases. The...

  • Shipping movements

    These ships are expected in Malta: The Seago Antwerp from Antwerp to Piraeus, the Maersk Regensburg from Annaba to Algiers (both Thomas Smith Shipping Ltd), the MV Eurocargo Venezia from Genoa to Livorno (Sullivan Maritime), the Nicolas Delmas...

  • Share index moves back below the 4,500 mark

    The share index retreated by 0.24% to an over five-week low of 4,494.702 points today as the declines in the share prices of HSBC (-1.6%), BOV (-0.4%) and RS2 (-0.3%) outweighed the gains in MaltaPost (+3.9%), Medserv (+3.4%) and Santumas...

  • IBM invests in UK data centres as tech sector defies Brexit worries

    IBM invests in UK data centres as tech sector defies Brexit worries

    Global IT group IBM will triple the number of its cloud data centres in Britain, it said yesterday, joining Facebook and Google in investing in the UK after its vote to leave the EU. IBM said it would build four new data centres to meet demand...

  • Oil prices rise to highest this month on hopes of Opec deal

    Oil prices rise to highest this month on hopes of Opec deal

    Oil prices rose yesterday to their highest this month as a growing consensus emerged in the market that Opec would overcome internal disputes and scepticism to strike a deal that materially reduces crude output. Some warned a failure by the...

  • Wall Street hits record highs as dollar up vs yen

    US and European shares rose yesterday, with Wall Street’s three main stock indexes hitting record highs for a second straight day, on expectations that markets would benefit from US President-elect Donald Trump’s policies. The Dow topped 19,000...

  • Where do we go from here?

    In her testimony about the outlook before the Joint Economic Committee, US Federal Reserve chairwoman gave investors further reason to believe that a rate hike is imminent and the market is now pricing in an almost certainty of a rate hike in the...

  • 2017 ‘will end a decade of global monetary easing’

    2017 ‘will end a decade of global monetary easing’

    Next year will be the first since 2006 that there will be no big monetary policy easing across the world’s leading industrialised nations, signifying the end of the 35-year bull market in bonds, Bank of America Merrill Lynch said yesterday. Having...

  • Black Friday expected to be a record-breaking online affair this year

    Black Friday expected to be a record-breaking online affair this year

    Spending on Britain’s Black Friday discount shopping day is forecast to break last year’s record takings, though it is expected to be predominantly an online affair this year. Last year marked a change in the nature of the event imported from the US.

  • The future of the accountancy profession

    The future of the accountancy profession

    The Malta Institute of Accountants (MIA) is having its biennial conference at Corinthia Hotel in St George’s Bay, St Julian’s, on Friday. This year’s theme – ‘Disruptive Innovation: Adapting for your Tomorrow’ – focuses on the multifaceted...

  • British PM hints she may be open to transitional agreement with EU

    British PM hints she may be open to transitional agreement with EU

    Prime Minister Theresa May pledged yesterday to address business concerns that Britain could fall off a “cliff edge” into uncertain trading conditions after leaving the EU, hinting at some form of a transitional agreement. It was the strongest...

  • Oil rally boosts equity markets while US stocks close to peaking

    US stocks climbed yesterday to approach a record peak, and European equity markets also advanced, thanks to strong gains in the energy sector as oil prices touched a three-week high. Brent crude surged more than three per cent to $48.30, its...

  • Money market report for the week ended November 18

    On Monday, November 14, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, November 15, and attracted bids from euro area eligible counterparties of €32.64 billion, €1.19...

  • Focus on Medserv's interim directors' statement

    The MSE Share Index opened the week minimally lower at 4,503.907 points as the declines in five equities slightly outweighed the gains registered in another four shares. Meanwhile, FIMBank, MIA and Santumas Shareholdings all closed the day...

  • Top 5 Stocks in the S&P 500 after Trump

    Top 5 Stocks in the S&P 500 after Trump

    On November 9 2016, the world woke up to a new reality: Donald Trump elected as the 45th President of the United States.The Republican victory ended up being the opposite of what investors had originally feared; markets rallied like there is no...

  • Shipping movements

    These ships are expected in Malta: The AS Cypria from Aliaga to Tanger Med (CMA CGM Malta Agency Ltd), the MV Euroferrry Malta from Salerno to Salerno, the MV Eurocargo Malta from Genoa to Genoa (both Sullivan Maritime), the Green Fast (Ploce...

  • Trump: What it means for investors

    Trump: What it means for investors

    On November 9 the world woke up to a new reality. Donald Trump is set to be the 45th US President. Below is a question and answer session with two investment managers at Calamatta Cuschieri. Kristian Camenzuli (KC) will be tackling questions on...

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