We are happy to announce that Renaissance Capital Management has been awarded as Investment Banking & Fund Manager of the year at the Worldwide Finance Awards 2024 of Acquisition International Magazine of London. This is the ninth edition of the Worldwide Finance Awards and a fine recognition to our work in the marketplace. Coming up there will be...
Renaissance Asia has been nominated to the Worldwide Finance Awards 2024! This is the ninth year this award takes place, celebrating the leaders in the financial industry. We are happy to have received such nomination since we believe it recognises our hard work in education and democratisation of the access to the investments marketplace. For more...
This week we have a hot US menu which in turn will give keys to the FED policy ahead. Core CPI on Tuesday 13th failed to impress with an increase of +0.1% vs +0.2% expected which mostly erases any chances of a FED hike tomorrow Wednesday 14th June.
It seems to be all about Bank of Japan and the depreciated Yen lately.
All hints and clues are to show something: there may be a swift change in the BOJ policy (or in FED) which will give a U turn to the oversold USDJPY. Further reading can be found here:
At Renaissance Capital Management we would like to wish our valued Clients & Friends a merry Christmas and a very happy 2023! We had another productive year and we will keep working neatly in this new year for our Clients' growth.
We have been talking about BOJ and the way oversold yen (hitting around 1.52 in USDJPY) and its implications - BOJ interventions, profit taking and a swift change of stance by the Japanese Authority.
Why isn't SNB worried about the current exchange rate against the euro? A good explanation below, where eurozone inflation against Swiss inflation gives the CHF a competitive advantage despite its appreciation against the euro this year.
Last Friday 21st October 2023 we had another epic rollercoaster in the marketplace. Taking into consideration that the markets are completely nervous with several factors coming into play ( war, inflation, stagnation, gas and food), turmoils have become nearly normalised these days.
Liz Truss has had to resign as PM in the United Kingdom after the uncertainity caused by its miss in the economic policies which caused a turmoil in the British Pound.