Hope for an anti-Covid vaccine boosts Asian stock markets but infects several large groups

Hope for an anti-Covid vaccine boosts Asian stock markets but infects several large groups

Overall enthusiastic after the announcements from Pfizer and BioNTech, traders are still sanctioning, on Tuesday, the companies which, according to them, have particularly benefited from the containment phases and the development of teleworking. This is particularly the case with Nintendo, which lost 4.5% in Tokyo. Following, as usual, the trends on American markets, the major Asian stock markets are all trending upward on Tuesday. In the early afternoon (on site), the Nikkei 225 index rose…

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Joe Biden’s first 100 days, a time of risk for the markets

Joe Biden’s first 100 days, a time of risk for the markets

The arrival of a new administration in Washington is generally welcomed by the markets. Whether Democrat or Republican, the S&P 500 climbs an average of 3% within six months of the election. But investor expectations are particularly high this year, and the risks of disappointment are real. Will Joe Biden be able to seduce the markets? The 46th President of the United States inherited a country in the grip of divisions, mired in an unprecedented…

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The potential of emerging markets whets managers’ appetites

The potential of emerging markets whets managers’ appetites

Higher interest rates, solid economic growth and long-term trends point to great opportunities in emerging countries. But between the Sino-US trade war and the growing social unrest, volatility and risks remain high. Emerging markets continue to offer investors a combination of attractive returns and sometimes high risk. More than one manager burned his fingers when the Argentine peso collapsed. With the escalation of Sino-US trade tensions this year, caution has remained in order. Investor exposure…

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US election: global stock markets on a cloud

US election: global stock markets on a cloud

Global markets have regained color with the US presidential election. The CAC 40 has gained nearly 8% since Monday, its best performance since the spring. They are not immune to a backlash once the excitement subsides as the epidemic continues to progress in Europe and the United States. The atmosphere is festive in the markets. The latter have finally coped very well with the uncertainty and the risk of contesting the result of the American…

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Coronavirus: the liquidity of funds at the heart of the concerns

Coronavirus: the liquidity of funds at the heart of the concerns

The extreme gyrations in the financial markets in recent days illustrate the erosion of liquidity, which is even more worrying for certain markets such as emerging debt and high yield credit. Faced with the large share buyback requests expected, regulators are watching. The financial markets have never experienced such a steep and rapid fall. Within days, operators went from complacency to panic. The volatility index on the Euro Stoxx 50 has returned to its highest…

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Coronavirus: bond funds record massive outflows

Coronavirus: bond funds record massive outflows

Liquidity evaporates in the credit markets, where the outflows of funds are of unprecedented magnitude. While companies have become heavily indebted in recent years, a market dislocation would have catastrophic consequences. Never seen. Investors have withdrawn their capital massively from the credit markets in recent weeks. In recent days, capital outflows have accelerated. The scale and speed of these withdrawals had repercussions across all markets, in particular leading to forced sales and erratic movements in…

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Markets rebound after a bout of nervousness

Markets rebound after a bout of nervousness

The main European stock markets were back in the green Thursday at the close, after starting the day down. Wall Street is also rebounding after the announcement of a less violent contraction than expected in the US economy in 2020. On Wednesday, the US markets had experienced their largest decline since October, won by doubts about the recovery. After a bout of doubt, the markets have regained their optimism, but the nervousness remains palpable. The…

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Antoine Flamarion: “In the markets, bubbles are everywhere”

Antoine Flamarion: “In the markets, bubbles are everywhere”

The co-founder of Tikehau Capital, the success story of French asset management, delivers his vision of the current crisis. A scathing point of view on the risks posed by the growing gap between financial markets and the real economy. Tikehau Capital, which you manage, finances a number of companies. How do you see the French economy after ten months of the pandemic? It is still too early to say. What is certain is that the…

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US elections: the stock markets continue to rise

US elections: the stock markets continue to rise

European indices opened higher on Thursday. Joe Biden is getting closer to victory in the presidential election, but the Senate risks eluding the Democrats. A perspective that the markets appreciate. The day before, the CAC 40 had jumped 2.44% and Wall Street had ended up sharply. European markets opened sharply higher on Thursday. The scenario of a victory for Joe Biden without a Democratic majority in the Senate seems to be taking shape. The markets…

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Chinese stock markets on the rise, galvanized by a Sino-US deal in sight

Chinese stock markets on the rise, galvanized by a Sino-US deal in sight

The United States and China appear to be on the verge of reaching an agreement to settle their trade disputes. Excellent news for the Chinese stock markets, which rose on Monday morning. A wind of optimism blew on the Chinese stock markets which started the week on strong increases, galvanized by the prospect of an imminent agreement between the United States and China to settle their trade disputes. On the Hong Kong Stock Exchange, the…

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