05 July 2017 at 7:19 GMT
Geopolitical fears are as elevated as they have been in years with flashpoints in North Korea and Syria throwing relations between the US, China, and Russia into stark relief ahead of the weekend's G20 summit. Fears of global unrest are supporting gold despite a softer yen and higher bond yields.
Trade view / 04 July 2017 at 8:15 GMT
Portugal's economy has not been this confident in more than a decade. Elevated debt levels and an undercapitalised banking sector are, however. holding back sentiment and valuations on Portuguese equities.
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15 October 2015 at 9:01 GMT
Moody's report, entitled "Banking System Outlook - Portugal: Economic Recovery, Weaker Problem Loan Inflow Drive Stable Outlook,"...""The country's modest economic recovery will help stabilise Portuguese banks' credit fundamentals, and improving operating conditions are translating into a gradual deceleration in asset quality deterioration ," says Maria Vinuela, an Assistant Vice President at Moody's and author of the report."
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