DIRS.INFO The most relevant business & tech news

What they want are signals on the pace of regulation that would allow company boards to plan their climate policy. The reality is that not enough has been done in the last 12 months – some would argue we have moved backwards," said Hortense Bioy, Global Director of Sustainability Research at Morningstar. Thomas Hohne-Sparborth, Head of Sustainability Research at asset manager Lombard Odier, said only a small portion of potential investments were credibly aligned towards net-zero. The biggest disruption since last year's Glasgow climate talks has been the invasion of Ukraine by Russia, a major oil and gas exporter. It can be less obvious for some shareholders, however, as this year's high oil and gas prices have rewarded those producing fossil fuels.

[1/2] U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. The Australian and Canadian central banks both raised rates by less than expected at their October meetings, and markets read a dovish tone in last week's European Central Bank 75 basis point hike. The euro barely reacted after data released on Monday that showed eurozone inflation came in hotter than expected at 10.7%, a fresh record high. Elsewhere, the Chinese yuan slumped after data released on Monday showed China's factory activity unexpectedly fell in October, weighed down by softening global demand and strict domestic COVID-19 curbs. The U.S. dollar climbed 2% on Brazil's Real after former president Luiz Inacio Lula da Silva narrowly defeated President Jair Bolsonaro in a run-off election.

But Broadbent's concentration on the likely peak terminal rate next year is what matters most. For context, that UK terminal rate, now pencilled in for around the middle of 2023, rocketed almost two full percentage points from just prior to the botched mini-budget to as high as 6.25%. Fed terminal rates, now targeted about March next year, have jumped 150 bps to 5% over the past two months. And Morgan Stanley, for example, see a UK terminal rate as low as 4% - a huge drop from current market pricing. The stubborn refusal of terminal rate pricing to return to where it was last month reflects the extent of those jitters.

☆ The Bank of England needs to keep the gilt market operating properly, says economist
▼ + stars: | 2022-10-12 | 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 EmailThe Bank of England needs to keep the gilt market operating properly, says economistSamy Chaar of Lombard Odier says "it's very easy to say that pension funds have to get their act together," but they would need a functioning gilt market with liquidity to do so.

☆ Reactions: Britain's pound crumbles to record lows in firesale of UK assets
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +8 min

Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger/File PhotoLONDON, Sept 26 (Reuters) - Britain's pound plunged to record lows on Monday and bonds were slammed for a second day, as investors punished UK assets after the government's mini-budget announcement last week. The presentation of the mini-budget was received quite badly by the markets – sterling literally collapsed. The significant tax cuts announced by the Treasury Secretary cause concerns for the currency markets because of rising government debt." One is the loss of confidence in UK fiscal policy and that won't help sterling.

☆ Pandemia a dus prețurile la transportul maritim de marfă la un nivel record: „Rămânem fără nave şi containere goale”
▼ + stars: | 2021-07-05 | by ( ) www.jurnal.md time to read: +4 min

Sursa foto: ProfimediaPandemia a dus prețurile la transportul maritim de marfă la un nivel record: „Rămânem fără nave şi containere goale”Preţurile la containerele maritime au atins un nivel record la 18 luni după pandemia de coronavirus, care a perturbat lanţurile logistice în domeniul transportului maritim şi a dus cererea la un nivel record. „Practic rămânem fără nave şi containere goale”, a declarat Alan Murphy, preşedintele firmei de consultanţă Sea Intelligence. Costul unei călătorii spre Europa a depăşit 10.000 de dolari, comparativ cu doar 1.600 de dolari în aceiaşi perioadă a anului trecut. Pandemia de COVID-19, care iniţial a paralizat practic transportul maritim mondial, a provocat "o scădere fără precedent a cererii" în industria de shipping", susţine Didier Rabattu, de la Lombard Odier Investment Managers. Preţul transportului cu containere maritime depinde de nivelul cererii, dar şi de capacitatea existentă la nivelul ofertei pentru a îndeplini cererea.

Persons: Alan Murphy, Murphy, Didier, Paul Tourret, Maersk, Jean, Marc Lacave Organizations: franceză Locations: Asia, China, SUA, Europa, Lombard Odier, Suez, preţurilor, Franţa

Search resuls for: "Lombard Odier"

6 mentions found