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25/07/2019 - The month of June closed with a balance of 1.45 billion thanks to the recovery in flows in funds (+2.2 billion from -2.2 billion in May) due to lower pressures on bank funding after the ECB's announcements. Management are negative (-759 million). The total assets signed a record of 2.195 bn even thanks to the market effect.
25/07/2019 - The IMF confirms the estimates for Italy for 2019, when GDP is expected to grow by 0.1%. Those for 2020 were slightly lowered: growth will stop at + 0.8%, or 0.1 percentage points less than the + 0.9% estimated in April.
25/07/2019 - The US Secretary of the Treasury, Steven Mnuchin, did not want to say too much about the decisions that the Federal Reserve will announce next July 31, but he repeated that "inflation is low" and this justifies a rate cut that the president Donald Trump has been asking since last year.
23/07/2019 - The White House and the congressional leader have almost reached a budget agreement that calls for a two-year raising of the debt ceiling. To avoid what would technically be a default, you need to raise the debt ceiling, which is the limit beyond which Washington cannot issue new debt.
23/07/2019 - The trade crisis has never ended: after the weak recovery in the past few years, household spending has come back to a halt, and if there is no trend reversal, 2019 will close with a 0.4% drop in sales, over one billion euros less than in 2018: the worst result in the last 4 years. It is the estimate of Confesercenti.
23/07/2019 - In the 2nd quarter of 2019, the Eurozone banking institutions tightened their criteria for approving loan applications from companies. Those for loans to families, on the other hand, remained almost unchanged. It is revealed by the ECB.
19/07/2019 - In 2018, 17% of AIM marks a growth of more than + 50% in terms of revenues, 74% of companies reported a positive net result in 2018. AIM Italy thus confirms itself as a valid instrument to support the acceleration of growth and of internationalization, as emerges from the Aim Observatory.
19/07/2019 - John Williams, president of the Federal Reserve Bank of New York and vice-president of the FOMC (Federal Open Market Committee), said that acting quickly on the rate cut is fundamental if signs of an economic slowdown appear.
19/07/2019 - Italy remains vulnerable to market volatility despite the ECB's monetary policy. The IMF affirms this, stressing that volatility is linked to refinancing needs and to more stringent credit conditions.
17/07/2019 - The picture of low price growth is consolidated. Based on the final figure in June, the national index rose by 0.1% compared to the previous month and by 0.7% on an annual basis from + 0.8% in May. The slowdown is due to the reversal of unregulated energy assets.
17/07/2019 - The ETFplus market has passed the milestone of over 1000 ETFs listed on the ETFplus market at the end of June. In the second quarter of 2019 the AUM of the ETFplus market reached a record 76.2 billion euros.
17/07/2019 - In May general government debt amounted to € 2,364.7 billion, down by € 8.7 billion compared to the previous month. There were an improvement in tax revenues which, again in May, recorded an increase to 34.1 billion, with a + 1.6% (0.5 billion) compared to the same month of 2018.
12/07/2019 - In the absence of improvements in the macroeconomic framework, further expansionary measures by the ECB will be needed. This was stated by the governor of Bankitalia, Ignazio Visco, who then underlined that economic activity stagnated in Italy, suffering above all from the loss of vigor in the industrial cycle.
12/07/2019 - Libra, the Facebook cryptocurrency, "raises many serious concerns", especially those concerning "money laundering". Fed Chairman Jerome Powell said this in Congress.
12/07/2019 - In the second quarter of the year, Singapore's GDP fell by 3.4% on a quarterly basis. On an annual basis, the trend was almost flat, at + 0.1%, well below the estimated + 1.1%. For the Singapore GDP, this is the worst result in ten years.
10/07/2019 - The total net inflow of the global ETF market was positive in the month of June for 66 billion euros and for the first time also the stock index funds came back positive, capturing 27 billion euros. In Europe, on the other hand, flows only reward bonds.
10/07/2019 - After putting it on their blacklist, the United States are relaxing pressure on Chinese telecommunications company Huawei, as Trump had promised at the G20 to restart trade negotiations with China.
10/07/2019 - The economic forecasts of the EU Commission confirm what has already been photographed in those of May, ie a growth in GDP that for Italy will stop at 0.1% for 2019 and will rise to 0.7% next year.
05/07/2019 - Since 2007, the year of the first issue, the number of green bonds have progressively soared and now the Green Bond market has $ 567 billion and new issues have gone from $ 11 billion in 2013 to $ 167 billion in 2018.
05/07/2019 - Since the first of July, the United States is officially in the longest economic expansion cycle in their history, beating the record of 120 consecutive months of growth dating back to the period March 1991-March 2001. A positive streak, the current one, that has lasted since June 2009, after the great crisis. The National Bureau of Economic Research certified it.