‘The quiet before the storm in a teacup’ sums up the evolution of the markets in the month of May. Our expert, Johan Gallopyn, has selected for you the memorable highlights concerning the trends in the past month in equities, bonds, central banks, currencies and commodities.
Yesterday the “One Planet Summit”, spearheaded by Emmanuel Macron and co-organized by the United Nations and the World Bank, gathered world leaders to celebrate the second anniversary of the Paris Agreement.
October showed fairly sizeable movements on the equity, fixed-income and foreign exchange markets. Once again, central bank activity had a lot to do with this. Our expert, Johan Gallopyn, outlines the main trends of the past month.
Several reputed investors have declared war on the RMB in recent days. How worried should we about an imminent collapse of the RMB? Should we believe Chinese policymakers stating that there is ‘no basis’ for big RMB depreciation? This question brings us to the heart of the problems facing China.
By the time the outcome of the UK referendum to leave the EU became clear, the pound sterling (GBP) started the steepest descend in 24 hours against the euro since the European single currency came into existence. Against the dollar, GBP experienced its largest two-day drop in the post-Bretton Woods era.
The Green Bonds market is not a concept anymore: this type of financing instruments are now fully integrated in today’s debt capital market. The recent of € 55 million issue where Bank Degroof Petercam assisted Cofinimmo is a great example. Quick overview of this young and promising market.