Economic news of financial markets from May 26, 2021

Euronext Stock Exchange is a European stock exchange based in the capital of the Netherlands, Amsterdam, and has offices in several European countries, including France, Belgium, the UK and Portugal. The exchange is owned by the European financial corporation of the same name, which provides services in the field of securities trading.

Euronext is a union of exchanges formed by combining the assets of companies from several European countries for a total of 4.2 trillion. Euro. The merger took place in 2000, when the newly created European Union raised the question of establishing relationships between the exchanges of European countries. Trading volumes in the unified market grew rapidly, traders gained access to many different instruments from all exchanges included in it. The elimination of customs and financial barriers made it possible for capital flows between states and opened up new prospects for business.

In September 2000, the Amsterdam, Brussels and Paris stock exchanges merged under the Euronext brand. Later they were joined by the international futures and options exchange LIFFE. In 2002, the Portuguese Stock Exchange (BVLP) became a member. In 2007, Euronext merged with NYSE Group, Inc. and formed NYSE Euronext (NYX). Teaming up with the Americans allowed us to enter the most attractive market in the world. In December 2012, NYSE Euronext was acquired by the Intercontinental Exchange, the world's largest futures operator. In a subsequent IPO, International Exchange sold a majority stake and Euronext was spun off on 20 June 2014.

Thanks to a number of associations, the Euronext exchange has become the largest international alliance, whose members are integrated and represent a single system that provides a huge range of opportunities and services for all market participants.

Euronews online in Russian and English

After clicking on the Play button below, a separate player window will open with Euronews online broadcast live in Russian . For those interested - Euronews online in English .

Euronews is a 24-hour news channel that broadcasts in many languages. It broadcasts daily on TV, covering world and European news on a regular basis. It is also possible to watch Euronews online live and in Russian.

Initially, the Euronews channel had 5 versions of the broadcast, broadcasting in English, German, French, Italian and Spanish. At the time of its creation, it was the only TV channel that created reports in several languages ​​simultaneously. Currently broadcasting is carried out in 13 languages, including Russian. In addition to news broadcasts, the broadcast includes video chronicles and comments from journalists.

Stock exchange NYSE Euronext Paris

Not long ago, the Paris Stock Exchange was absorbed by the US stock exchange holding company - from now on we know this exchange as NYSE Euronext Paris. By the way, NYSE Euronext Paris is at the stage of initial development by domestic issuing companies. At the time of writing, securities of RUSAL, a company engaged in the production of aluminum products on an industrial scale, can be purchased on the NYSE Euronext Paris.

Some facts - NYSE Euronext Paris stock exchange

The total purchase price of NYSE Euronext is US$8.2 billion. But there were some rather bright events - initially the Parisian site planned to merge with the German Deutsche Borse. At the end of the negotiations, major players in the American market - NASDAQ and ICE - entered the game. If the latter was only interested in the derivatives markets, which NYSE Euronext has, then NASDAQ was interested in obtaining the stock market. Surprisingly, however, the offer of 11.3 billion US dollars put forward by both candidates did not interest the French site (even despite its then valuation of 9.7 billion dollars). Facing this setback, NASDAQ and ICE increase their offer by offering an additional 17 cents per share on top (the NYSE Euronext Paris share price was $42.67 in 2011). Despite the tasty offer, the US Department of Justice blocked the deal, explaining that if the deal was successful, the US securities market would concentrate on the NASDAQ site - this would create a monopoly. The European Commission, in turn, is blocking the deal to purchase the Paris stock exchange by Deutsche Borse. As a result, ICE is the only remaining acquisition candidate. The deal took place at the end of 2012.

Online stock exchange – IPO on NYSE Euronext Paris

It is not surprising that dynamically developing companies conduct IPOs (initial offering of securities for trading) exclusively on stock exchanges in developed countries - Europe and the USA. The reason is simple - markets have significantly greater capitalization and are controlled by more advanced legislation.

And in general, analyzing the economic situation in the world, I would like to note that it does not look in favor of the domestic market. Already in 2013, the S&P 500 index showed a growth of 20 percent (against the growth of the MICEX index of only 1 percent). You don’t need to look far for examples - the domestic bank Tinkoff. Credit Systems" holds an IPO in October on the London Stock Exchange. Time has shown that in just the last ten years, domestic companies conducting IPOs on foreign platforms have managed to attract millions of dollars of additional investment. Depositary receipts are also placed on foreign exchanges (including NYSE Euronext Paris), thereby simplifying access to foreign stock exchanges. Despite the lack of development of the NYSE Euronext Paris market, exceptionally favorable working conditions have been created here for foreign issuers. And such fertile soil will certainly attract a flow of domestic src=»https://utmagazine.ru/uploads/images/00/28/92/2014/10/10/92fd4d.jpg» class=»aligncenter» width=»493″ height ="277″[/img]

Investing on the NYSE

Based on the above, we believe that it will not come as a surprise to you - NYSE Euronext Paris is included in the TOP 3 largest platforms in Europe in terms of trading volumes. Moreover, NYSE Euronext Paris is the main European asset of NYSE Euronext. Some statistics - the shares of 586 issuers are listed on the NYSE Euronext Paris (which is true, 528 of them, at the time of writing, are from France). The total market capitalization of NYSE Euronext Paris issuers reaches a record 1.2 trillion euros. Each participant trading on the French site NYSE Euronext Paris has the opportunity to work on other sites that are part of the NYSE Euronext structure. In particular, you can get to very interesting sites in Brussels, Lisbon, New York and Amsterdam.

Paris Bourse – merger of NYSE and Euronext

The sharp rise in popularity of the then Paris Exchange began in 2008, with the merger of Euronext and the NYSE. The rapid growth in popularity has allowed the French exchange to compete for issuers from Russia with large European platforms - in particular, the London Stock Exchange. The advantages of NYSE Euronext Paris are obvious. For example, on the London Stock Exchange, shares of issuers registered outside of England can only get to the second level of listing. These instruments are considered to be high-risk - this is significantly reflected, first of all, in quotes. And here's the problem - pension and investment funds that invest exclusively for the long term do not have the right, according to the laws of England, to purchase securities of the second level of listing. NYSE Euronext Paris is very tolerant of foreign companies; there are no such restrictions here. As we said at the beginning of the article, the first domestic issuer to put up its securities for trading on the NYSE Euronext Paris is the aluminum holding company RUSAL.

Features of the editorial policy

Euronews has an on-duty team of journalists on air, with presenters commenting on the stories. There are no TV channel journalists in the frame. The unity of presentation of material is achieved by an editorial policy that is common to all employees. The direction of judgment always remains the same and does not depend on the country for which the material is being prepared.

At the same time, the form of data presentation is free, individual statements are allowed, but they must be in a single key of the information flow. The names of journalists and presenters are not indicated in most cases. Euronews has a permanent staff of 300 people.

Emergency information and news, the latest for the current hour, are released in live broadcast format. Stock information and economic news are released as scheduled. Sports news, weather forecasts in Europe and the world, interviews with celebrities, cultural and information technology news are broadcast.

Reports without commentary, during which the viewer is shown only a video sequence, have become very popular. Most often these are bright, emotionally charged shots that should make an impression on the viewer even without additional verbal description. In this format, footage of military chronicles and various natural disasters is often broadcast.

Another popular feature on Euronews is the Target program, during which short reports on pressing economic issues are broadcast. The duration of this program is only 3 minutes.

Economic news of financial markets from May 26, 2021

The dollar fell again against most major currencies on Wednesday and is trading near five-month lows amid the Federal Reserve's insistence on continuing monetary stimulus and keeping rates low.

The euro was trading just above the key $1.2250 level and near its January 8 high as Europe's post-pandemic economic recovery gathers momentum.

The dollar index, which measures the US currency's value against six other currencies, fell again after falling to 89.53 on Tuesday.

The Chinese yuan strengthened above 6.4 for the first time since June 2018. A day earlier, it reined in gains amid buying by China's major state-owned banks in what sources said was seen as a failed attempt to contain growth.

New Zealand's currency rose sharply after the country's central bank said it expected to begin raising rates in the second half of next year. After this announcement, the New Zealand dollar rose sharply by more than 1%. The bankers' decision contrasts with a flurry of statements from their Fed colleagues, who overnight reaffirmed Chairman Jerome Powell's view that the surge in inflation would be temporary and accommodative monetary policy was still warranted.

In particular, on Tuesday, Chicago Fed President Charles Evans noted that he does not yet see anything that could convince him to completely abandon the current Fed strategy. “Currently monetary policy is in a very well balanced state. We just need to be patient,” San Francisco Fed President Mary Daly said in an interview with CNBC that same day.

However, despite the statements of officials from the central bank, investors are closely awaiting the publication of Friday's data on basic consumer prices in the United States and the results of a survey of purchasing managers.

The yield on the benchmark 10-year Treasury note hovered around 1.5740%, not far from the 1.5540% level hit the day before.

The yen, which is also sensitive to lower yields, hovered near the middle of its trading range this month, Y108.4-Y109.7.

Yesterday, the EUR/USD pair traded higher and closed the day in positive territory near the price of $1.2245. Today the pair was trading in a narrow range of $1.2240-60, remaining near the highs of December 2021. On the hourly chart, EUR/USD is still trading above the moving average line MA (200) H1 ($1.2185). The situation is similar on the four-hour chart. Based on the above, it is probably worth sticking to the north direction in trading and while the pair remains above the MA 200 H1, you need to look for entry points to buy when a correction is formed.

Yesterday, the GBP/USD pair traded lower and closed the day in the red zone around the price of $1.4145. Today the pair was trading in a narrow range of $1.4140-60, remaining close to yesterday's closing price. On the hourly chart, GBP/USD is testing the strength of support - the moving average line MA (200) H1 ($1.4140). On the four-hour chart, the pair still remains above the MA 200 H4 line. Based on the above, it is probably worth sticking to the north direction in trading and while the pair remains above MA 200 H1, you need to look for entry points to buy at the end of the correction.

Yesterday, the USD/JPY pair traded in different directions in the Y108.55-05 range and closed the day without significant changes. Today the pair was trading in a narrow range of Y108.70-80, remaining close to yesterday's closing price. On the hourly chart, USD/JPY continues to test the strength of the support - the moving average line MA (200) H1 (Y109.00). The situation is similar on the four-hour chart. Based on the above, it is probably worth sticking to the north direction in trading and while the pair remains above MA 200 H1, you need to look for entry points to buy at the end of the correction.

A small amount of data will be released on Wednesday. At 08:00 GMT Switzerland will present an index of Swiss investor expectations based on ZEW and Credit Suisse data for May. At 14:30 GMT the US will announce a change in oil reserves according to the Department of Energy.

TeleTrade Information and Analytical Department

History of the TV channel

Euronews was founded on January 1, 1993 as a European alternative to the CNN news network. Several private and public television companies from different European countries have teamed up to create a new TV channel. The aim was to independently cover political news from a European perspective. In 1995, Alcatel bought a 49% stake in Euronews, but already in 1997 this stake was acquired by the private British organization ITN.

In 1999, the Portuguese broadcast language was added, and in 2001 a full-fledged Russian version appeared. In 2008, broadcasts were launched in languages ​​other than European: Arabic and Farsi. Soon a Turkish version appeared.

Euronews is headquartered in France, but the broadcaster's shareholders come from many countries. Funding comes from advertising and is also subsidized by the European Union.

Euronews has now changed its broadcast format: instead of a single stream broadcast in different languages, there are 12 separate channels with different video content. News releases are generated separately for each country.

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Euronext sites and markets

Euronext includes several other markets: Alternext, created in 2005, and Enternext. The first of them is intended for small and developing companies (maters), which have not previously been listed on the stock exchange, the second - for companies of the same size, but already incorporated and participating in trading. There is also an Enternext-Morningstar partnership that finances existing companies.

Euronext has 15 platforms located in London, Paris, Amsterdam, Brussels and Lisbon, which are divided into categories: Alternext, EURONEXT, Easynext, Marche Libre, Trading Facilities Brussels, Traded But Not Listed. The categories are distinguished by the trading instruments presented and the volume of trade turnover.