Noticias

No surprises: another hike from the ECB

No surprises: another hike from the ECB

No surprises: another hike from the ECB- On Thursday, the ECB announced a 75-bp interest rate hike, taking its benchmark deposit rate to 0.75%, aiming at ensuring “the timely return of inflation to the ECB’s 2% target”. Moreover, according to its statement, interest...

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AMTD Digital to the moon!

AMTD Digital to the moon!

AMTD Digital to the moon!AMTD Digital, a little-know fintech company based in Hong Kong, has recently become the latest meme stock in the market. It went public in mid-July on the NYSE with an IPO price equal to $7.80 per share and, after two weeks, it hit the...

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Italian Debt Sells Off as Draghi Resigns

Italian Debt Sells Off as Draghi Resigns

Italian Debt Sells Off as Draghi ResignsItalian financial markets sold off on Thursday as Prime Minister Mario Draghi’s resigned, bringing an end to a national unity government seen to have had a rare opportunity to bring stability and unlock the nation’s economic...

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Euro vs US Dollar: PARITY!

Euro vs US Dollar: PARITY!

Euro vs US Dollar: PARITY!On Wednesday morning, the Euro hit parity with the US Dollar, as the two currencies had a 1:1 exchange rate. This was the first time since 2002, when the Euro was still a relatively “young” currency. Why? There are many reasons for the...

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Spanish inflation

Spanish inflation

Spanish inflation Spanish inflation surges to 37-year high at 10% Consumer prices in Spain rose at their fastest rate for 37 years in June, according to data released on Wednesday. Spain’s harmonised index of consumer prices rose to 10% in June, up from 8.5 per cent...

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Información clientes sobre covid-19

Información clientes sobre covid-19

Estimado Cliente, El pasado 27 de febrero 2020, NEW MOMENTUM envió un comunicado interno a los empleados con el Plan Específico de Prevención, y se les trasladaron las normas de comportamiento para protegerse a sí mismos y a su entorno, siguiendo las recomendaciones de la OMS y el Ministerio de Sanidad.

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ECB Measures amid Covid-19

ECB Measures amid Covid-19

This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction. The Council conducted the following package made of “ambitious and coordinated fiscal policy response”:

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