South Korea has announced the effectiveness of coronavirus vaccines South Korea has announced the effectiveness of vaccines from AstraZeneca and Pfizer. According to the report, the AstraZeneca coronavirus vaccine has 86.6% effectiveness in preventing infection among people aged 60 years and older. Data from the Korean Agency for Disease Control and Prevention (KDCA) showed that […]
Australian regulator warns against trading forums The Australian Securities Regulatory Authority has called for the investigation of stock trading internet forums and the possibility of “pump and dump” fraud on their platforms. Such a step means growing control of the investment subculture, which grew sharply during the pandemic. The initiative of the Australian Securities and […]
Goldman Sachs recommends investing in Europe The most known American investment bank, Goldman Sachs, published the recommendation to buy the euro against the dollar and the European index European Stoxx 600. The expected price in the next 12 months is increased from 1.21 to 1.25 euros per dollar. The European Stoxx 600 index is expected […]
The most expected results season The US earnings season for the first quarter of 2021 is approaching. The first companies to publish their results are the largest US bank JPMorgan, followed by PepsiCo and Delta Airlines. Bloomberg analysts estimate that the results season of companies from the S&P 500 could break three years old records. […]
Structural changes in Credit Suisse Following the announcement of a huge loss of $4.69 billion over Archegos Capital Management LP, the bank announced a dismissal of senior executives, the cessation of the share repurchase program and a dividend reduction for 2020. The bank will pay a dividend of 0.10 francs per share, compared to the […]
Vistra is a holding company which subsidiaries are engaged in integrated retail and electricity generation, mainly in the US markets. After the pandemic, electricity demand fell sharply at first but returned to pre-crisis levels in November 2020. Shift to green energy The company was listed on the stock exchange in 2017. During the mentioned time, […]
Fidelity International’s outlook for 2021 According to the Fidelity report, we can expect a widening gap between regional disparities in the future. The main reason is the progress of vaccination in various locations around the world.* The report also touches on the world’s largest economy and views on state incentives. Nearly half of Fidelity International […]
The volume of banknotes in the economy grows Covid-19 supported the use of payment cards and online payments, which supports the established trend of declining cash volumes. The amount of cash in the European economy has almost doubled in the last 10 years. At the end of 2020, more than 1.4 trillion euros were in […]
Risks of AstraZeneca European countries are gradually stopping AstraZeneca’s vaccine. The countries which stopped the vaccine this week are Germany, Italy, France and Spain. The reason is concern about blood clots, which slows down the development of vaccination on the continent and jeopardizes the credibility of the vaccine itself from society. The country that first […]
Can we expect a change in ECB’s policy? According to Fidelity International, we can expect a tightening of financial conditions after the next ECB meeting. The whole world is currently struggling with rising government bond yields. The ECB also announced at the last statement the objective of maintaining “favourable financing conditions”. Through its measures, the […]
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