Property development flourishes when there's a big gap between risk-free returns and property yields. Risk free returns are shooting up. How bad is this for developers?
Political risks are starting to appear in the eurozone, particularly in France and Germany. Will this upset investors’ upbeat views on the region?
Exclusive interview: Former ECB president Jean-Claude Trichet presided over Europe’s monetary response to the previous crisis. As the Covid-19 crisis escalates, he praises the current ECB’s fast initial response – while sticking to his long-held position that the mounting debt will have to be repaid.
Irish banks are wasting away, along with the rest of the European banking industry. ECB regulation is a big part of the problem. When banks can't make money from lending, that's bad for shareholders, the economy, and eventually the taxpayer.
Despite concerns over inflation, the markets do not anticipate rates to rise until 2025 at the earliest. Instead, the real focus for central bankers will be on the longer-term issues surrounding eurozone banking profitability. Investors in Irish banks will be watching on with interest.
In her first month as President of the ECB, Christine Lagarde is having to fight off a coup. Other European central bankers want her to give them a greater say in how monetary policy is set. There are three reasons why Lagarde needs to win.
In contrast to their bond brethren, stock investors have continued to be compensated by attractive income flows in return for risking their capital.
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