MARKETS

Why is the oil industry in distress?

Let’s begin with the figures. Since early March, the price of the two most famous benchmark crudes (WTI Crude and Brent Crude) suffered from a historical decline. On March 2, the WTI quoted $46.75 and the Brent Crude, on the same date, quoted $51.90. On the late of...

Coronavirus prompts investors to turn to the ETF market and the related costs are going high.

Market swings implied by the coronavirus pandemic mean that the volatility of financial assets surged. Many investors want to protect their positions from financial turmoil; hence, they use exchanged-traded funds. What is ETF? It is an investment fund traded on stock...

How does Switzerland deal with its currency?

The Swiss franc reached its highest level since April 2017 after the US added Switzerland to a watchlist of countries it has accused of currency manipulation at the expense of the USA according to the Financial Times. It is not the first time that the Swiss National...

Revisiting the Renminbi’s Manipulation

This study seeks to evaluate the economic and political landscape surrounding China’s contentious international currency valuation and its release from its peg to the USD in 2005. We find that, once the current domestic economic environment is accounted for alongside brewing future trade trends, there was a strong case for China to adopt a basket pegged currency valuation from a position of mutual domestic and international benefit.

Irrational markets

Irrational markets Download PDF  For the past several decades, an interesting question that causes an ongoing debate, both between academics and practitioners, is whether or not stock markets are efficient. Proponents of the Efficient Market Hypothesis (EMH) claim...

Reframing M&A potential in the Agrochemicals Industry

Reframing M&A potential in the Agrochemicals Industry Download PDF  "All that glitter isn't gold. It's glyphosate." In 2018, this chemical component generated billions of dollars in revenues for Monsanto and other companies, aiming at helping farmers in food...

The Steel Trade War-U.S. and China edition

The Steel Trade War-U.S. and China edition Download PDF “China doesn’t hopes to be in a trade war, but is not afraid of engaging in one.” On March 22nd, the Chinese government published a statement that it would launch a series of retaliations to hit back against...

Political risk emerging at home

Political risk emerging at home Download PDF   During the past year, emerging markets have performed particularly well compared to the global market performance as a whole. The MSCI emerging markets index posted an annual performance of 37.28% in 2017, compared to...

Bridgewater shorting Europe: a pinch of salt or a well-anchored disbelief?

Bridgewater shorting Europe: a pinch of salt or a well-anchored disbelief? It has been a hot topic in the media lately. Bridgewater, an American investment management fund, has shorted European stocks for $22 billions last February. The discomfort arousing from that...