Hedge funds have a new target After a fight broke out in the market between David and Goliath on highly short-lived companies like GameStop or AMC, the fight shifted to Canadian oil miners. According to published data from the market regulator, hedge funds have increased their short positions in Canadian silver mining stocks while retail […]
Transition to “green” loans The banking report published by the European Union aims to define sustainable investments to reduce “greenwashing.” However, better data published by companies are needed to achieve this goal. Rules defined as sustainable financing must meet the criteria for channelling cash to low-carbon projects to meet the block’s climate goals. A report […]
Testimony of Janet Yellen Jane Yellen, Joe Biden’s US Presidential nominee, spoke at the Treasury Department. Its plan is for them to act on a large scale in the next package of coronavirus mitigation measures, but the benefits outweigh the costs of higher debt burdens. If elected finance minister, her finances would be to help […]
Sentiment in the euro area is improving Investor’s sentiment is improving so outlook of the eurozone’s economic recovery is rising. This is indicated by the investor confidence index, which climbed to its highest level in almost a year in January due to optimism about the covid-19 vaccination. The Sentix survey rose to 1.3 from -2.7 […]
Will the EU divide technology monopolies? The EU has threatened to divide large technology companies if they repeatedly act anti-competitive. The EU’s goal is to combat unfair competition in the sector, and the Digital Services Act will force technology companies to take more responsibility for illegal behaviour on their platforms. After the EU publishes the […]
Trump admitted defeat After a long refusal to defeat, Donald Trump said his administration would admit defeat and start working with Joe Biden’s team. The Republican team will thus admit defeat and the transfer of power can begin. On the other hand, the current president has pledged to continue to challenge his electoral loss. Trump […]