Erste Asset Management

6 results for "Monthly archive:July 31, 2015"

Monthly archive:July 31, 2015

Agreement between Iran and the P5+1 countries depresses oil price
Agreement between Iran and the P5+1 countries depresses oil price
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Agreement between Iran and the P5+1 countries depresses oil price

The negotiations between Iran and the UN veto powers plus Germany were concluded successfully on Tuesday, 14 July. Iran will curtail its nuclear programme. In exchange, the international economic sanctions will be reduced. The result is remarkable in so far as the interests of the P5+1 (the five permanent members of the UN Security Council […]

When will the earnings momentum rise on the European equity markets?
When will the earnings momentum rise on the European equity markets?
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When will the earnings momentum rise on the European equity markets?

The stock exchanges have been moving sideways and down for weeks. There are of course enough uncertainty factors such as the Greek crisis, the correction on the Chinese stock exchange, and the expected interest rate increase in the USA that can serve as explanation. However, one factor that has (so far) been left out of […]

Upswing in equity markets expected for second half of the year
Upswing in equity markets expected for second half of the year
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Upswing in equity markets expected for second half of the year

Developed equity markets are in the 6th year of a robust upward move. The MSCI Developed World Index rose by almost 18% per annum over the period (Mar 2009-June 2015) in Euro-terms. However, momentum has stalled in recent months. Stepan Mikolasek, new head of equity management of Erste Asset Management, names the main reasons: surprisingly […]