Finanzas

Los mercados reaccionan con bajadas al cambio de presidente en EE UU. Los valores refugio como el oro suben

Los mercados reaccionan con bajadas al cambio de presidente en EE UU. Los valores refugio como el oro suben

FINANCIAL markets went into the election night both favouring and expecting a Clinton victory. And the early results seemed to point to success for the Democrat candidate. But as the night wore on, Donald Trump’s position steadily improved and investors started to lose their nerve.

The Mexican peso was the most sensitive emerging market currency to the election news, given Donald Trump’s promises to build a wall on the border and his talk of renegotiating the Nafta free trade agreement. During the day, the peso was around 18.5/$ and it reached as high as 18.18/$ in early polling. But as the key state of Florida moved from a Clinton to a Trump lead, the peso plunged to more than 20 to the dollar. In contrast, the dollar lost ground against other major currencies, falling 3% against the yen.

A similar reaction was seen in equities. On November 7th, when Clinton’s lead in the polls was strengthening, the Dow jumped 300…Continue reading

La Comisión Europea presenta este miércoles unas cifras inferiores al optimismo del Gobierno

Competencia acepta las soluciones ofrecidas por España, Italia, Portugal y Grecia

El ministro de Economía insta a los socialistas a presentar un candidato que sustituya a Fernando Restoy

El ministro de Economía comparece ante la Eurocámara para defender que el Gobierno ha tomado medidas para corregir el déficit

IT SHOULD have been a good year for French tourism. After all, as host of the Euros, the continent’s quadrennial international football tournament, it had the perfect chance to showcase its many charms. Instead, 2016 has been a disaster. Visits to the world’s most popular tourist destination have fallen by over 8% in the year to October, according to Bloomberg, compared with the same period in 2015. The number of nights spent in Parisian hotels fell by 21%.

Brexit hasn’t helped. Britain is the country’s second biggest source of overseas visitors. As sterling has plunged, France has become more expensive for those used to popping across the channel to stock up on plonk and Pont-l’Évêque. Consequently, arrivals from Britain are down by 4%.

But terrorism is the main reason for tourists’ squeamishness. Horrific attacks in Paris and Nice over the past 12 months that claimed hundreds of innocent lives, as well as several other well-publicised atrocities, have made Asians, in particular, think again. Nearly 40% fewer…Continue reading

El ministro de Economía comparece ante la Eurocámara para defender que el Gobierno ha tomado medidas para corregir el déficit

Montoro confía en tener listo el presupuesto a principios de año