The Bank of China, wanting to be a pioneer, may soon introduce an official digital currency (flat currency), creating a new era in the digital economy. This is highly likely as Chinese society operates with almost no money. The number of internet users in China exceeds 900 million with most of them using their mobile
Given that in the developed countries of the world, the EU, the US, Japan, the UK anti-Pandemic Covid-19 vaccination program is progressing rapidly, the eye of governments and officials of these Central Banks is on when to start “tapering” in bond markets. The “tapering” technique is forced in its application and should be done to
Data on the US economy last week showed that an annual growth rate (2021) is expected at 6.8% of GDP. At the same time, business profits for Q12021 are expected to increase by close to 36%. Continued price growth in stocks and commodities continues. this idyllically beautiful and optimistic image can be destroyed by the
The recent passage in the Congress of the new $1.9bn “Biden” fiscal package has caused a “frenzy” among investors everywhere, especially those operating on the US stock market. Estimates vary with each financial company trying to create the right momentum for its client-investors so that funds invested during the pandemic in shares of technology and
Last week we saw a sell-off in the technology shares of large companies, a fall in the price of gold and a rise (fall) in yields (prices) on government bonds. However, the passage of the $1.9bn “Biden” fiscal package has made investors worried about the expected artificial inflationary pressures that will force central banks to
US President Joe Biden’s fiscal intervention to be used to support the US economy, which is approaching three times the productive gap in the US economy, fiscal program of $1,9trn size, has caused strong turbulence in fixed income markets, triggering a percentage boost in government bond yields on both sides of the Atlantic Ocean. by
The fact that the ECB, through its programmes of the type of quantum easing (QE) and Pandemic Emergency Purchases Program (PEPP) respectively, provides the market with money, making it the main buyer of European government bonds, forces investors to create an informal queue to buy the remaining and smaller volume of European bonds offerings left
Incentives for employees to achieve specific corporate objectives are either the provision to them of free shares or stock options in shares, which give them the right to buy shares of their own at a preferential price or of the parent (usually) company of the group. The tax treatment of these incentives in the EU
Initial Public Offering (IPO) is the procedure in which a company issues and releases its shares publicly for the first time. In addition, many companies to raise new capital choose to do so through the IPO process to either expand their business activities or their investments (possible and mergers & acquisitions) or to offer their
Markets always send the signal of risk or euphoria first, either by launching or shrinking bond spreads respectively and long before rating agencies start one by one and slowly downgrade the credit rating of the country which is under consideration. It is common for Big-Four Rating Companies – Fitch Ratings, Moody’s, Standard & Poor’s, DBRS
