While the main consuming countries, led by the United States, announced this week that they will release oil from their national reserves to curb the rise in prices, a barrel of crude it is actually quite cheap relative to other financial assets, according to JPMorgan Chase & Co. In a report released this week by … Read more
The US Federal Reserve (Fed) maintains all its arsenal deployed despite the sharp increase in inflation and the tightness in the labor market (companies do not find enough workers). The Fed continues to defend that this phenomenon is transitory, so there is no need to ‘put a stop to’ an economic recovery that still has … Read more
The Secretary General of UGT-FICA in Cádiz, Manuel Montoro, has confirmed that a preliminary agreement has been reached between employers and unions in relation to the collective agreement in the metal sector, after a nine-day strike with several negotiation meetings in between. However, in statements to journalists, Montoro explained that this preliminary agreement will now … Read more
Fixed rate deposits have been profitable for years. The collapse of interest rates makes it difficult for the conservative saver to find alternatives for their money. The rebound in inflation, reaching a year-on-year rate of 5.5%, puts even more on the ropes to individuals, whose money is wasting and losing value more and more quickly. … Read more
24/11/2021 – 12:15 Updated: 12:33 – 11/24/21 The working calendar of the Spanish stock market for 2022 is already known. It has been announced, as usual, by Bolsa y Mercados Españoles (BME), the company that operates the national equity, fixed income and derivatives markets. Next year there will only be three festive days for investors, … Read more
24/11/2021 – 9:15 Updated: 12:44 – 11/24/21 Against all odds, oil has reacted with notable rises to the announcement by the US and its allies to release a part of their strategic reserves. There are several factors that have caused this surprising movement: the markets had discounted a greater release of reserves; In the past, … Read more
The bags of Europe have advanced the pruning season, and that traditionally the time in which they are usually scaled the trees is late winter. However, the market has shown signs in recent weeks of wanting to remove useless branches and dry leaves before the arrival of Santa Claus. It has done so with the … Read more
The first meaning that the Royal Spanish Academy collects for the word “extraordinary” refers to something that “is outside the natural or common order or rule”, the second refers to something that “is added to the ordinary”. Well the benefits of Telefónica expected for this year fit perfectly with both entries. The 10,158 million that … Read more
The team led by Michael Hartnett, the chief investment strategist at Bank of America Securities, says they are “bearish” on the market given the “shock” on interest rates looming next year. In a report distributed this week to his clients, Hartnett estimates that inflation will push rates up, with the potential risk that the Federal … Read more
The vice president of the European Central Bank (ECB), Luis de Guindos believes that the sixth wave of coronavirus infections will have a lesser impact than the previous ones and that the European economy will continue to expand. “I am convinced that the European economy will continue to expand. Economic activity has been adapting to … Read more