Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden’s central bank cut interest rates for the first time in eight years as European monetary policymakers diverge from the US to support their economies even if it comes at the expense of their currencies….
European intelligence agencies have warned their governments that Russia is plotting violent acts of sabotage across the continent as it commits to a course of permanent conflict with the west. Russia has already begun to more actively prepare covert bombings, arson attacks and damage to infrastructure on European soil, directly and via proxies, with little…
Xi Jinping arrives in Europe on Sunday on a mission to ease escalating tensions that threaten to ignite a trade war between China and the EU. On his first trip to the region since 2019, Xi will face tough talks in France on trade and Ukraine before enjoying a warmer welcome in Serbia and Hungary,…
Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine. As per announcement, European customers can now buy, sell, send, and withdraw bitcoin using the app, and deposit funds from their bank accounts using free unlimited SEPA euro deposits,…
Nirian Investment Thesis Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) is a sell due to poor macro-level prospects for international real estate investment holdings. While the fund has a low expense ratio, substantial dividend yield, and a high amount of diversification, its poor performance has negated these positive qualities. Looking forward, investors will likely see…
Andrii Yalanskyi/iStock via Getty Images By Hyun Kang U.S. equities don’t have a monopoly on acronyms. Before there was the Magnificent 7, it was the FAANGs. Europe has been consistently ignored by U.S. investors over the lack of its own basket of tech-enabled, high-growth stocks. Goldman Sachs (GS) recently highlighted a basket of 11 European…
Snizhana Galytska/iStock via Getty Images Investment thesis: Following an over 60% gain in Greenbrier’s (NYSE:GBX) stock price in the past year, the inevitable question is whether there are enough significant drivers, both internal as well as external, to push this stock higher from here. Internally, the company continues to operate well, financially, and it is…
littleclie Introduction Despite my penchant to write about economics quite a bit, my undergraduate degree was in History. It’s rare for me to write in historical metaphors, but I’m always tempted to – this time, that impulse won. One of the papers I wrote back in college was about the Treaty of Karlowitz, signed in…
General_4530/Moment via Getty Images January’s global PMI data signalled improving global economic conditions at the start of 2024, in addition to a brightened outlook, with the sun shining especially brightly upon the financial services sector amid a loosening of financial conditions. However, further improvements hinge largely on the outlook for global interest rates and inflation….
Xiaolu Chu Investment thesis: Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander expects its profitability to improve this year despite concerns about the health of the global economy, as the Spanish bank’s latest quarterly earnings were helped by a strong performance in Europe. Ana BotÃn, Santander’s…
Coinbase has officially received a license in France and can offer French users trading, custody, and several other related crypto services. Major American crypto exchange Coinbase Global Inc (NASDAQ: COIN) has officially registered as a virtual asset service provider (VASP) in France. The exchange is fully permitted to handle crypto services in the countries, allowing it to…
The forthcoming MiCA regulation aims to introduce a uniform set of rules and guidelines for crypto assets that currently operate outside the scope of traditional financial regulations. Fidelity Investments, one of the leading asset management companies in the United States, plans to establish its presence in Europe through its crypto subsidiary Fidelity Digital Assets. The…
From the very first days of Bitcoin, the community was its key driving force. Even more: it was the only one. Without any marketing or PR, it was the community that helped transform the anonymous 9-page whitepaper from an obscure cypherpunk list into the functional Bitcoin software we use today. It was the community that…
CGinspiration By Alfred Kammer, Director, European Department, IMF Tighter monetary policy is starting to work. Alternatives would be more costly. So far, so good. These words are probably a fair assessment of Europe’s progress thus far in its struggle against inflation. Policy interest rates have been raised resolutely, central banks have signaled commitment to keeping…
Nikada By Timothy Rahill; Jeroen van den Broek According to Moody’s, (as of August) default rates are now sitting at 3% in Europe and 4.8% in the US. We expect to see a rise of 2.5% in Europe next year and just a 1.2% rise in the US. We have seen more defaults registered in…
Jozsef Soos/iStock Editorial via Getty Images Saab (OTCPK:SAABF) is seeing some secular push in margins in surveillance which is driving overall growth, and in general the businesses are performing well with major tailwinds from the spending push in defense that is happening across Europe. While not essential to business development, as Sweden already provides services…
Khanchit Khirisutchalual A Quick Take On Criteo S.A. Criteo S.A. (NASDAQ:CRTO) is a digital marketing software and service provider for retail advertisers seeking improved connections with customers and prospects. I previously wrote about CRTO with a Buy outlook. Criteo S.A.’s Europe growth outlook is weaker than I expected and the stock’s valuation appears full at…
Ripple’s expansion plans come months after its partial victory in its ongoing legal battle with the US SEC. In a strategic move aimed at addressing ongoing regulatory issues in the United States, Ripple, a blockchain payment company, is gearing up to significantly expand its workforce in international markets. In an interview with CNBC on September…
Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. One of the oldest cryptocurrency exchanges Bitstamp is looking to expand its footprint and service offerings amid the current talks of raising fresh funding. Jean-Baptiste Graftieaux, global chief executive officer of the exchange appraised the recent…