The Coronavirus (CoVID 19) induced market slump in the last week of February (21-28 February) is the third worst market crash in the history of the United States. And the dip is far from over.
DAX 50 ESG index comprises top 50 German companies committed to sustainable investment practices.
The central bank had redirected its securities buying programme in the last week of February.
The US Federal Reserve surprised the market by lowering its key rates before its 18 March meeting. Fears of a recession are growing.
According to Spanish boutique GVC Gaesco Gestión, running the GVC Gaesco 300 Places Worldwide fund, media attention around the Covid-19 will cease within a few weeks.
Non-bank financial intermediaries, of which investment and pension funds are the fastest growing categories, account for almost 60% of total euro area financial assets, according to the European Central Bank (ECB).
Not all investors have capitulated yet, and this is what’s needed for a sustained rally. Especially as fundamentals are not favourable.
France has the most diverse boards in Europe, according to the latest diversity report by ratings agency Moody’s.
No more tapping the markets for debt or equity financing. The coronavirus has frozen funding, which puts companies like CMA CGM, Vallourec and Technicolor at risk.