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☆ Analysis: Boom in European bank earnings hints at a rally with legs
▼ + stars: | 2023-02-23 | by ( Joice Alves | ) www.reuters.com time to read: +5 min

The euro zone is expected to stagnate rather than contract, while cost of borrowing is still rising. The European Central Bank's campaign to raise interest rates as it fights to bring inflation back to its 2% target has been a boon for euro zone lenders. In the meantime, euro zone lenders' earnings per share (EPS) have surged to their highest since the global financial crisis in 2008. In the United State, where the rate cycle is more advanced, there's less potential for earnings upgrades at this point, she said. Earnings euro zone banks($1 = 0.9408 euros)Reporting by Joice Alves and additional reporting by Samuel Indyk in London; editing by Amanda Cooper and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: The deep freeze over UK assets is thawing
▼ + stars: | 2023-02-13 | by ( Naomi Rovnick | ) www.reuters.com time to read: +4 min

"This does suggest a possible inflection point in sentiment towards UK assets," said Nick Kissack, a UK portfolio manager at Schroders, which manages roughly $910 billion of client funds. "We saw extreme levels of risk aversion," in September, he added, while "the risk premium for UK assets has come down since." That, in short, is an outlook of higher global interest rates, weak growth and high inflation. Reuters GraphicsHowever, analysts expect the FTSE 100's rise to falter with a stronger global growth outlook combined with waning energy inflation. "The UK is the standout global economy where growth prospects have not improved," said Baylee Wakefield, multi-asset portfolio manager at Aviva Investors, who expects gilts to continue outperforming Treasuries.

☆ Stock futures are down on Sunday night as Wall Street tries to rebound from a rocky week: Live updates
▼ + stars: | 2023-02-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Traders work the floor of the New York Stock Exchange (NYSE) during morning trading on February 10, 2023 in New York City. U.S. stock futures were down on Sunday night after the S&P 500 and Nasdaq ended their worst week in nearly two months. S&P 500 futures fell by about 0.26%. Dow Jones Industrial Average dipped 64 points, or 0.19%, and Nasdaq-100 futures slid 0.31%. The S&P 500 fell 1.11%, and the tech-heavy Nasdaq slid 2.41%, marking their biggest weekly losses since December.

☆ Wall Street is bullish on Europe — but analysts warn investors to avoid these 5 stocks
▼ + stars: | 2023-02-01 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

And Wall Street is calling Europe a better bet than the U.S. right now . "The region also remains cheap and under-owned unlike the U.S." Amid this bullishness on Europe, however, a number of investment banks have named stocks in the region they think investors should avoid. Underweight stocks One such stock is Danish shipping firm Maersk , which is on Barclays' list of underweight stock calls for the first quarter of 2023. Barclays' price target of 140 Swedish krona ($13.50) on the stock suggests the stock has potential downside of almost 25% to its Jan. 30 closing price. The bank has ascribed a price target of 145 Swedish Krona on the stock, which implies potential downside of 30%.

☆ Barclays names 6 'cheap, under-owned' UK stocks to buy, saying 2 offer more than 50% upside
▼ + stars: | 2023-01-30 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Barclays Capital has named six London-listed stocks to buy as it believes the U.K. stock market is currently "cheap" and "under-owned." Two of the investment bank's picks — Drax Group and IG Holdings — are also predicted to rise by more than 50% in the next 12 months, thanks to several policy tailwinds. Drax Group Drax, which runs one of the last remaining biomass and coal-fueled power stations in the U.K., is one of Barclays' preferred stocks. IG Group Shares of stockbroker IG Group could rise by 55% over the next year to £12 a share, Barclays analysts have said. The investment bank believes a high-interest rate environment allows the stockbroker to earn interest on a customer's deposit, further increasing its profit margins.

☆ The U.S. is massively underperforming global stock markets, and analysts see more of the same
▼ + stars: | 2023-01-24 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

A trader works on the trading floor at the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | ReutersComparison chart of U.S. stocks versus European and global peers. "However, if the macro situation in the U.S. were to deteriorate more, history suggests the decoupling between the two markets may not last long." Places like Germany, northern Europe, so I think these again are some of the little factors people have forgotten," he said. "Tourism, again, a big plus for Europe, and then finally the fact that European assets have been undervalued and under owned for some time."

☆ Analysis: Europe Inc earnings season a test for market optimism
▼ + stars: | 2023-01-23 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

In a sign analysts were unprepared for such optimism, Citi's economic surprise indicator for the euro zone (.CESIEUR) jumped last week to its highest since July 2021. "Companies are telling us that it's going to be harder to pass on rising costs to customers in 2023 as economic growth slows," said Nigel Bolton, co-chief investment officer of BlackRock Fundamental Equities. Fourth-quarter earnings for STOXX 600 companies are forecast to have grown by 10.7% year-on-year, the slowest in two years, according to Refinitiv I/B/E/S data. Earnings are seen bouncing back to growth of 11.4% in the final quarter of the year. Analysts downgrade earnings forecastsReporting by Joice Alves Editing by Josephine Mason and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

The pan-European STOXX 600 (.STOXX) was up 0.1% by 0910 GMT, extending gains for a sixth straight day on boost from rate-sensitive technology stocks (.SX8P) and industrials (.SXNP). Richemont (CFR.S) rose 2% on reporting higher quarterly sales as tourists returned to Europe and Japan. Still, the luxury group missed market estimates after sales in China plunged by almost a quarter. "For luxury, China is quite important with more hopes of rebounding activity in the first half of this year," said Emmanuel Cau, head of European equity strategy at Barclays Investment Bank. Reporting by Bansari Mayur Kamdar and Ankika Biswas in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ We aren't excited about health-care stocks, Barclays strategist says
▼ + stars: | 2023-01-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe aren't excited about health-care stocks, Barclays strategist saysEmmanuel Cau, head of European equity strategy at the bank, discusses the outlook for European markets in 2023.

Some top equity strategists predict no profit growth or even a decline in earnings. For the U.S. benchmark S&P 500, analysts project full-year 2023 profit growth of 4.7% following estimated growth of 5.7% for all of 2022, based on Refinitiv data. Jonathan Golub, chief U.S. equity strategist at Credit Suisse Securities in New York, recently lowered his profit forecast and expects a decline in year-over-year S&P 500 earnings in 2023. "Our analysis shows that both earnings and margins typically contract when global GDP (gross domestic product) growth ran below trend". Earnings breakdown by regionEarnings growth by global sectorBlackRock in its 2023 global outlook said earnings expectations are not yet pricing in a recession.

☆ China's COVID policy is top of mind for investors as unrest rattled markets this week. Here are 5 things they're watching as Beijing signals willingness to loosen some restrictions.
▼ + stars: | 2022-12-03 | by ( Carla Mozée | ) www.businessinsider.com time to read: +6 min

Chinese cities this week loosened COVID restrictions in the wake of mass protests, lifting Chinese stocks. China's top pandemic official this week appeared to signal a softening in the zero-COVID policy but the government has yet to pledge a comprehensive step-down. Retail investors should be prepared to move defensively should Beijing's decisions on zero-COVID policy go against their respective positions, Martin said. Here's what some market experts are looking at as global investors watch for developments surrounding the Chinese government's zero-COVID stance. "You have to understand that nobody has an edge as to predicting China policy anymore.

☆ Rates and recession: European shares face rocky start to 2023
▼ + stars: | 2022-11-29 | by ( Danilo Masoni | ) www.reuters.com time to read: +3 min

For the coming months, though, investors fear euro zone equities could lag other markets. "The economic outlook looks challenging as our economists forecast a recession in the euro zone," said Marc Haefliger, Head of Global Equity Strategy at Credit Suisse in Zurich. The economic slowdown will hit the cyclical euro zone market disproportionately," he added. The STOXX index of the euro zone's top 50 blue chip stocks (.STOXX50E) is seen falling another 7.9% from Friday's close to 3,650 points by mid-2023. Among country benchmarks, Germany's DAX (.GDAXI) is seen ending the first half of 2023 at 13,209, down 9.2% from Friday's close.

☆ Investors' fear of missing out on the upside is back, analyst says
▼ + stars: | 2022-11-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors' fear of missing out on the upside is back, analyst saysEmmanuel Cau, head of European equity strategy at Barclays, speaks to CNBC's "Squawk Box Europe."

"The latest round of China reopening hopes have helped drive us higher here again," he told clients. Any change to that scenario may be a positive impulse for cyclical stocks, it said, but it adds to the inflation headache for central banks. "The somewhat negative implication of stronger China growth is that it would likely add to global inflationary pressure. "We suspect Chinese re-opening (will) imply upside risks to commodity prices and global rates." But even with a G20 summit due next week, global cooperation has been in short supply in fractious 2022.

☆ Un deținut riscă până la 7 ani de închisoare pentru acțiuni perverse față de o minoră
▼ + stars: | 2021-04-02 | by ( ) www.ipn.md time to read: 1 min

Un deținut riscă până la 7 ani de închisoare pentru acțiuni perverse față de o minorăUn condamnat care își ispășea pedeapsa în Penitenciarul nr. 18 Brănești, riscă de la 3 până la 7 ani închisoare după ce, pe perioada anului 2020, a comis acțiuni perverse în mediul online în privința unei minore de 12 ani. Oamenii legii au inițiat o cauză penală, iar în luna martie a acestui an, cau...

Locations: Brănești

☆ Specificul tranzitului şi transportării gazelor naturale
▼ + stars: | 2021-01-20 | by ( ) capital.market.md time to read: +9 min

Pe malul drept al Nistrului din punct de vedere tehnic, serviciul este prestat de către întreprinderea de transport a gazelor naturale SRL „Moldovatransgaz”. În perioada 2016-2019, volumul gazelor naturale transportate în regim de tranzit constituia în medie 16,75 miliarde de metri cubi anual. Conform metodologiei precedente, tariful pentru serviciile de transportare a gazelor naturale a fost stabilit în baza venitului reglementat, aferent unui an calendaristic reglementat, recunoscut de ANRE. – Recent, în domeniul gazelor naturale al R. Moldova a fost introdus principiul „punctul de intrare-ieşire” a gazelor naturale. – Implementarea Pachetului energetic III al UE presupune asigurarea independenţei financiare şi juridice a companiei de transport a gazelor naturale.

Persons: ANRE, ., Oleg Organizations: SAP, Gazprom, UE Locations: Moldova, SA, SUA, Balcani, Ucrainei, României, Bulgariei, ţării, Ucraina, România, . Moldova

☆ Banca Mondială “măsoară” efectele crizei asupra economiei Republicii Moldova
▼ + stars: | 2020-12-29 | by ( ) capital.market.md time to read: +7 min

Dimpotrivă, acesta a scăzut nemilos, silind importurile să se reducă, acelaşi fenomen înregistrat în afara ţării determinând şi reducerea exporturilor. Autorii prognozelor fac trimitere la anul 2009, luându-l drept element de comparaţie, fapt ce ne obligă să vedem totuşi ce a fost în acel an 2009. Analizele economice de la acea vreme constatau că “criza economică mondială a lovit dur economia R. Moldova în anul 2009, arătând vulnerabilitatea ţării faţă de şocurile economice externe. La rândul său, PIB-ul a scăzut cu 6,0 la sută în termeni reali. Inflaţia anuală de 0,4 la sută din anul 2009 a fost determinată în mare parte de contractarea drastică a activităţii economice şi de reducerea puterii de cumpărare a populaţiei”.

Persons: inflaţia, investiţiile, Constantin Olteanu Organizations: Mondiale, Banca Naţională, CC, Euro, Banca Mondială Locations: Moldova, SUA

☆ Poliția și-a mobilizat forțele în preajma Casei Guvernului. Zeci de polițiști aduși cu autocarele
▼ + stars: | 2020-12-06 | by ( Jardan Cristian | ) www.zdg.md time to read: +2 min

Zeci de polițiști cau fost aduși cu autocarele pentru asigurarea ordinei publice cu cel puțin o oră înainte de protestul organizat de Maia Sandu și susținut de opoziție în Piața Marii Adunări Naționale. În spatele clădirii au fost observate mai multe autocare și zeci de polițiști desfășurați la fața locului. Poliția a anunțat măsuri speciale de asigurare a ordinii publice. Într-o conferință de presă, șeful adjunct al Inspectoratului General al Poliției a prezentat principale acțiuni ale forțelor de ordine și a făcut apel protestatarilor să respecte legislația și măsurile de protecție anti-Covid. Intervenim către organizatorii protestului să dea dovadă de maximă responsabilitate pentru buna desfășurare a evenimentului și asigurarea respectării normelor legale privind întrunirile”, se arată în comunicatul poliției.

Persons: Maia Sandu, . Organizations: Poliția Locations: . Chișinău

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