S&P Capital IQ looks under the hood of UK manufacturing

UK manufacturing has been on a steep and well reported decline for several decades. However, a recent case study by Solutions Architect Pavle Sabic found that several niche manufacturers based in Britain are in rude health and outperforming the sector-at-large in a number of asset classes.

Using S&P Capital IQ’s proprietary data, research and analytics, Pavle demonstrated how they’re outperforming in the July/August issue of Funds Europe, available online here.

Tradeweb: the future of trading in corporate credit

Rupert Warmington of Tradeweb writes for FTSE Global Markets to explain how and why the trading of corporate credit will continue to migrate towards electronic trading platforms. New regulations for execution, reporting and clearing of swaps trades are having an impact in all fixed income markets – but more important are market participants’ requirements to seek enhanced liquidity and operational efficiency.

To read the full article, please click here

S&P’s Outreach – IFR Outlook July

The latest edition of Infrastructure Finance Outlook (IFR), Standard and Poor’s Rating Services’ EMEA Infrastructure Finance newsletter,  has been published. It includes all the recent news, updates, and research from S&P on Europe’s infrastructure sector. Highlight’s from this month include an articles on the credit risk implications of Ofgem’s latest RIIO proposals, and on tough times for Europe’s transport firms.

PDF | Digital e-book

The methods for restoring foreign trade in the eurozone, Patrick Artus in Trade Finance

To pull through the current economic crisis, eurozone countries with chronic external deficits need to improve their foreign trade. Patrick Artus, chief economist at Natixis investment bank, has analysed the options for Greece, Portugal, Spain, Italy and France in Trade Finance magazine.  He argues these countries need to focus on increasing exports  by improving price-competitiveness and sophistication of products.

To read the full article, please click here

Natixis: Euro boosted by Mario Draghi, plus other forex trends

In his weekly column for FX-MM, Natixis strategist Nordine Naam observes and analyses the highlights in global forex trends. This week, the EUR/USD rebounded sharply due to Mario Draghi’s announcement on Thursday that the ECB will do whatever it takes to preserve the euro. Meanwhile GBP corrected downward against most G10 currencies – affected by the strong 0.7% contraction in GDP in the second quarter. The Japanese yen continued to appreciate against most currencies because of its safe haven status, and AUD and NZD remained very firm. For the exact rates and more analysis on other currencies, read the full article here.

ECB needs to purchase bonds again

In his column for the FTSE Global Markets blog, Patrick Artus, chief economist at Natixis, explains why the European Central Bank needs to return to a policy of purchasing sovereign bonds. He points to the deteriorating positions of Spain, Italy, France and Portugal and the continuous weakening of the economy. Given the size of these countries’ debts, the original planned solution (bond purchases by the EFSF/ESM) will not be sufficient.

To read the full article, please click here 

Natixis: Leaps are needed to pull eurozone out of crisis

Two drastic steps in institutional policy are needed to permanently solve the eurozone crisis, says Patrick Artus, chief economist at Natixis. One, the region should start a process of joint financing (i.e. pooling of debt), and two, components of federalism need to be implemented. His article on the subject, published as a guest commentary for International Financing Review, was the leading story on the publication’s website. He says that the region needs more than policy-makers’ willingness – there must be commitment to change from reaction to restoration.

To read the full article, please click here

S&P Capital IQ’s Damian Burleigh talks up the GCC

While the Gulf region has been an important focus for international banking for many decades, regional capital markets have yet to develop the depth and breadth expected of more-developed markets.

To this end, S&P Capital IQ’s Managing Director, Damian Burleigh, advocates a general improvement in transparency in the latest issue of The Bahrain Banker, available online here.