1.0Vito Ammiratihttps://www.vitoammirati.com/en/adminhttps://www.vitoammirati.com/en/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="kjRy4SoRMu"><a href="https://www.vitoammirati.com/en/financial-report-august-2014/">Financial Report – August 2014</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitoammirati.com/en/financial-report-august-2014/embed/#?secret=kjRy4SoRMu" width="600" height="338" title="“Financial Report – August 2014” — Vito Ammirati" data-secret="kjRy4SoRMu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.vitoammirati.com/wp-includes/js/wp-embed.min.js </script> SUMMARY OF THE MACROECONOMIC INFORMATION Bond Market The ECB boosts monetary stimulus measures and supports the peripheral The ECB has significantly boosted the monetary stimulus, pushing in part beyond the expectations of the market: the central bank has essentially pledged to keep rates on hold for over two years and to stimulate a recovery efficiency of the transmission mechanism of monetary policy. This scenario translates into support for sovereign debt, especially peripheral. Currencies EURO downhill after the new package ECB. The ECB’s decision to lower the rate corridor and extend auctions to allocate an unlimited fine in all 2016 should dictate the pace of the marked changes in the coming months. The ECB will keep rates near zero far longer than those of the Fed and the Bank of England and this should strengthen the scenario of substantial retracement of the single currency. The raw materials The first part of 2014 under the banner of gains. Resource base positive in the first half of the year, despite the background remain the critical factors dictated by geopolitical crisis and the performance of the Ukrainian economic cycle. The OECD confirms a recovery in the advanced economies, thus able to support the demand […]