European banks could be at this moment an investment opportunity. But only in a tactical view, or in other words as a short-term investment. It’s the opinion of Credit Suisse. Here the reasons and the stocks to call.
"Volatility in the financial markets is hitting the European banking sector hard, adding to the downside risks to the eurozone’s economic outlook", Standard & Poor’s said in a report published today
The Italian government’s plan for €200 billion of sofferenza ("bad loans") on banks’ balance sheets allows banks to use securitisation to help clean-up their balance sheets and stimulate credit growth, says Moody’s Investors Service.
Financial market and global economic uncertainty have been key features of the first few weeks of 2016. One of the most important sources of uncertainty for the UK, however, revolves around a known event – the forthcoming referendum on EU membership, likely to be held this summer.
European markets maintained early gains yestarday afternoon trading after ECB President Mario Draghi talked up the prospect of Euro under pressure on rumors of further ECB stimulus amidst talk that the […]
The sell-off in risky assets has continued over the past month and the move into safe fixed income assets such as US treasuries and Bunds has intensified and the outright 10Y yield level in, for example, Germany has fallen to a level not seen since April 2015.
The markets entered 2016 on a pessimistic note. Their mood has deteriorated further. Alongside well known uncertainties (oil, China, Fed), concerns have now emerged that the banking and financial sector will suffer a wave of defaults (by companies or even oil states), leading it to stem the flow of credit to the economy. Economic growth, already….
For certain bonds the yields are currently very generous and the current price setback may be an attractive entrance point.
