Wednesday , May 25 2022
Home / Tag Archives: Austria

Tag Archives: Austria

Rate Expectation Adjustment Continues

Overview:  Equities are softer and yields higher to start the new week.  The dollar is mixed.  Oil and industrial metals are higher. There are several developments over the weekend, but the focus seems to be on central bank action, inflation reports by the US and China, and the start of the Q3 earnings season.  Shares rallied in Japan and Hong Kong, but most of the other large markets in the region fell.  Recall that the MSCI Asia Pacific slipped last week, its fourth consecutive weekly...

Read More »

Hope (and the IMF) Stall Dollar Rally

Overview:  In the war against the novel coronavirus, humans are striking back, and appear to be gradually getting the upper end, especially in place in Europe, and possibly the US, which has been particularly hard hit.  Risk appetites are surging.  Nearly all the equity markets are higher today, with India playing catch-up after yesterday's holiday to lead the way with gains in excess of 8%.  Most of the major bourses in the Asia Pacific region gained around 2%.  Europe's Dow Jones...

Read More »

Politics Overshadows Economics Today, but Japan’s Economy Unexpectedly Expanded in Q1

Overview:  Encouraged by the election results, investors bid up Indian and Australian currencies and equities.  Japan offered a pleasant surprise by reporting the world's third-largest economy expanded in Q1.  Most other equity markets in Asia fell, and European stocks have the week with small losses.  The US decision to isolate Huawei sent ripples through the suppliers and customers.  OPEC+ indicated supplies may remain tight and oil prices opened firmer and are seeing early gains of...

Read More »

Podcast Episode 2: Montenegro, Emerging Markets

Jordan: Hello again everyone. Welcome back to episode two of The Atlas Investor podcast with Tiho Brkan. Thank you so much for joining us today. Tiho, my friend. Are you ready for episode two?Tiho Brkan: I sure am.Jordan: So Tiho, you are in Montenegro today. Tell us what city you are in and what else we’ll be discussing in episode two.Tiho Brkan: Well hello to all the listeners. Yes, I’m in a beautiful little country of Montenegro on the Adriatic coastline, adjacent to a neighboring Croatia,...

Read More »

22/10/17: Italian North: another chip off Europe’s Nirvana

Having just written about the Czech electoral pivot toward populism last night, today brings yet another  news headline from the politically-hit Europe.In a non-binding referendums in two wealthiest Italian regions, Veneto and Lombardia, the voters have given local governments strong mandates to push for greater autonomy from Rome and the Federal Government. Both regions are dominated by the politics of Lega Nord, a conservative, autonomy-minded party with legacy of euro scepticism, strong...

Read More »

21/10/17: Prague Pages Brussels… Following Vienna

Just after Austria, the Czech Republic too has swung decisively in the direction of embracing populism as Populist billionaire's Eurosceptic party wins big in Czech Republic.As Radio Praha describes it: "The Czech Donald Trump or Silvio Berlusconi, maverick millionaire, political populist, mould breaker; these are all labels that have been tagged on to ANO leader Andrej Babiš".Jakub Patocka for the Guardian: "Open racism has become a normal part of public discourse. Trust in democratic...

Read More »

Distinct Lack of Good Faith, Part ??

It was a busy weekend in retrospect, starting with Janet Yellen and other central bankers uncomfortably facing a global media that has become (for once) increasingly unconvinced. Reporters, really, don’t have much choice. The Federal Reserve Chairman might not be aware of just how much she has used the “transitory” qualifier since 2015, but others can’t be helped from noticing. At the Group of Thirty’s International Banking Seminar in Washington on Sunday, Yellen tried to play it...

Read More »

15/10/17: Calling Brussels from Austria: Change Is Badly Needed in Europe

Austria just became a *new* flashpoint of European politics that can be best described as a slow steady slide into reappraisal of the decades-long love affair with liberalism.In summary: the People's Party (OVP) has 31.4 percent of the vote, a gain of more than 7 percentage points from the 2013 election; the Freedom Party had 27.4 percent (a jump on 20.51 percent in 2013), and the Social Democratic Party, which governed in coalition with People's Party until today, had 26.7 percent...

Read More »

3 European Countries You Didn’t Invest In — But Should Have

Weekly Notes With Tiho — Issue 17Location: Belgrade, SerbiaWhat do Poland, Turkey, and Austria have in common?Firstly, depending on your high school teacher, all three countries are part of the greater European continent.Furthermore, all three countries experienced turbulent financial and/or political conditions over the last few years.Finally, all three are the best performing stock market indices year to date.And chances are, you probably didn’t own them in 2017.Poland is up a staggering...

Read More »

Dollar Comes Back Bid, but Still Vulnerable to Corrective Pressures

After softening ahead of the weekend, the US dollar has begun the new week on a firm note.  It is gaining against most major and emerging market currencies.  Outside of what appears to be a staged call between US President Elect Trump and the Taiwanese President, the developments in Europe grabbed the markets' attention.  Austria turned back the populist right Freedom Party's bid for the presidency. The Freedom Party does not appear to have carried any districts.   In...

Read More »