L’exposition des grandes banques allemandes aux dérivés est de 44 trillions soit plus de 10% de l’exposition globale selon la BRI.
« La BCE sur « Renforcer l’industrie financière en Europe…. »
Vous noterez que l’on appelle idéologiquement l’activité financière une » industrie » comme le font les anglais depuis longtemps! C’est Orwell , les mots glissent …
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the European Institute of Financial Regulation (EIFR), Paris, 3 September 2018
Europe’s financial industry still faces a number of challenges. Its continued weak performance, with low price-to-book ratios and meagre profitability, is ample proof of that.
Some of those challenges – such as high levels of legacy assets, the need for deleveraging and the burden of stricter regulation – are a result of the financial crisis. But even before the financial crisis, the industry was facing pressure on various fronts, and those challenges are still there. In particular, fundamental technological change continues to call established business models into question.
la suite …
https://www.ecb.europa.eu/press/key/date/2018/html/ecb.sp180903.en.html
Accélération de l’inflation en Turquie comme prévu et prévisible
perspectives de croissance se détériorent
Résistance de la Lira la banque centrale annonce qu’elle va modifier sa politique monétaire pour s’adapter à la nouvelle situation
[Reuters] Asian stocks dip on trade, emerging market woes
[Reuters] Dollar edges higher on escalating global trade tensions
[Reuters] China August manufacturing growth slows to 14-month low: Caixin PMI
Le PMI manufacturier est au plus bas de 14 mois en Chine
[Reuters] Global stocks still hooked on buybacks; trade war snaring more bulls: Reuters poll
[CNBC] Global trade tensions are likely to get even worse after the US midterms, expert says
[BloombergQ] Australia House Prices Fall for 11th Month as Downturn Deepens
[WSJ] Companies Ramp Up Worker-Retraining Efforts
Cet ouvrage de Magnus, un bon économiste spécialiste sera disponible dans quelques jours
brunobertez 