With Donald Trump winning the U.S. presidential election, alongside the upcoming Federal Open Market Committee (FOMC) meeting and the gathering of China’s National People’s Congress (NPC) Standing Committee, investors are closely monitoring these events for their potential impact on global market sentiment and economic outlooks. Here, we explore what these developments could me ...

Yesterday, the Federal Reserve decided to cut its key policy rate by 25 basis points, following a 50 basis point cut in September. Since the initial rate cut, the yield on the 10-year U.S. Treasury has been climbing, resulting in a significant steepening of the yield curve and ending its inversion. The main drivers of this shift: solid economic data and Donald Trump. Shifting m ...

Our Fiery Flash of the week is a one-of-a-kind company: Trump Media & Technology Group (TMTG). Shares of the company have experienced significant volatility, dropping by 22% in the past five trading days and 46% from their October 29 high. Despite these declines, the stock remains up by 27% over the last month and 58% year-to-date. Pretty volatile, isn’t it? The current mar ...

What a week it’s been for China! After the People’s Bank of China (PBOC) announced substantial monetary easing plans, the Politburo on Thursday followed up with promises of strong fiscal policy measures aimed at reviving the Chinese economy. After years of making only small supportive adjustments, it seems they are now bringing a bazooka to the table. Could this be China’s ‘Wha ...

Global carbon pricing: moving from fragmented policies to a unified framework As the world struggles with the urgent need to reduce greenhouse gas emissions, carbon pricing has emerged as a crucial strategy to drive decarbonization. By putting a price on carbon emissions, these mechanisms incentivize businesses to lower their carbon footprint. A carbon tax imposes a specific co ...

New ESMA Guidelines and the Evolution of Sustainable Finance In May 2024, the European Securities and Markets Authority (ESMA) released its final guidelines on the use of ESG and sustainability-related terms in fund names. These guidelines mark a significant step towards increasing transparency and protecting investors from greenwashing. The updated regulations impose stricter ...

A symbolic rebirth on the site of one of nuclear energy's historic setbacks Last Friday, Constellation Energy made headlines, surging 22% in the markets and adding roughly $15 billion to its market cap. This dramatic rally followed the company's announcement of a $1.6 billion investment to restart Unit 1 of the Three Mile Island (TMI) nuclear plant, a facility situated on the s ...

"The time has come for policy to adjust.” With these words, Fed Chairman Jerome Powell committed to cutting rates by the next meeting in his speech at Jackson Hole on August 23. He continued: “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.” In recent weeks, markets speculated a ...

As Europe navigates the complexities of transitioning to a low-carbon future, nuclear energy is re-emerging as a pivotal player. Projections indicate that global nuclear energy use is set to double between 2020 and 2050, driven by its unique benefits such as low carbon emissions and reliable baseload power generation. While traditional large-scale reactors have dominated the nu ...

"Who do I call when I want to talk to Europe?" Henry Kissinger is famously said to have quipped, lamenting the continent's lack of leadership and unity. These days, the answer, at least for global investors and CEOs, might be "Mario Draghi." Last week, the Italian uber-technocrat—nicknamed "Super Mario"—released his long-awaited 400-page report on Europe’s competitiveness. As D ...