Natixis - Think backwards from the idea that long-term interest rates cannot rise: A rise in long-term interest rates in OECD countries would have catastrophic effects, given the levels of debt ratios and asset prices. One can therefore “think backwards”…

$ICICIPRULI #ICICI Prudential Life Insurance ... Prudential Hong Kong Offering: Prudential aims to raise around US$2.8bn via an international and public offering in Hong Kong. The deal has been in the pipeline for a while and hence, is… #equity #stocks

Natixis - What accounts for the difference in economic dynamism between the United States and the euro zone?: In the second quarter of 2021, the level of GDP was: Slightly higher than in the fourth quarter of 2019 in the United States; 2.5 percentage…

$TCS #TCS Group Holding Долговые рынки сегодня - 20 сентября 2021. Олег Тиньков урегулировал налоговые претензии в США: РЫНОК ВНЕШНЕГО ДОЛГА СТРАН СНГРоссийские суверенные еврооблигации в пятницу держались около итоговых уровней четверга, в основном…

$TCS #TCS Group Holding Debt Markets Today - September 20, 2021. Oleg Tinkov Settles US Tax Claims: CIS EUROBOND MARKETRussian sovereign Eurobonds traded more or less flat on Friday. Selling predominated near the middle of the curve, where the Russia 28…

Natixis - Immersion in troubled waters: Editorial The indicators published in recent days and the outlook for those that will be released next week suggest that visibility is gradually being reduced. The high levels of inflation on both sides of the…

$TCS #TCS Group Holding CIS Market Daily - September 20, 2021: MARKET COMMENT - GLOBAL PULLBACK, RUSSIA TAX DEBATES CREATE UNEASY OUTLOOK TODAYMarkets were broadly down on Friday and continue to fall today. Concerns about the global economic recovery…

$FER #Ferrovial ... IBERIAN DAILY 20 SEPTEMBER (ANÁLISIS BANCO SABADELL): NEWS SUMMARY: FERROVIAL, GRIFOLS, IAG, IBERDROLA, NATURGY, TOURISM SECTOR. MARKETS YESTERDAY AND TODAY Europe tightens following the inflation data The European… #equity #stocks

$AEGN #Aegean Airlines SA ... WOOD Daily: AEGN GA; GPW PW; RU Macro; LTS PW; IGN1L LH; TEL RO; TCS LI; CPS PW; KER PW: HEADLINES: • Aegean Airlines: 2Q21 results in line, pre-sales drive positive operating cash flow NEUTRAL • Warsaw Stock Exchange:…

Motilal Oswal - MOSL: Morning India (20/September/21): 1. Technology (AGIC takeaways - Growth outlook intact; supply-issues transitory); 2. Biocon (Adds Vaccines as a new growth dimension); 3. Lupin (USFDA issues seven observa: MOrning… #equity #stocks

$TCS #TCS Group Holding TCS Group Holding confirmed at SELL, TP USD 72.8 - 2021e growth pace is challenging to match: We confirm our SELL recommendation for TCS Group, but increase our TP to USD 72.8 (RUB 5,294) from USD 37.1 before We… #equity #stocks

GlobalData Plc - Panacea Biotec Ltd (PANACEABIO) - Financial and Strategic SWOT Analysis Review: Panacea Biotec Ltd (PANACEABIO) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the… #equity #stocks

GlobalData Plc - Marico Ltd (MARICO) - Financial and Strategic SWOT Analysis Review: Marico Ltd (MARICO) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and… #equity #stocks

$BHARTIARTL #Bharti Airtel New Street: Indian Telcos Bharti’s Enterprise revenues to match current consumer business by 2030?: We analyse the Enterprise opportunity in India, and incorporate our work published today on the broader EM… #equity #stocks

$BHARTIARTL #Bharti Airtel ... New Street: Emerging Market Telcos Modelling the Enterprise S-Curve: We analyse the Enterprise opportunity in EM. Post-Covid emerging economies are digitizing rapidly, and importantly following an S-Curve of… #equity #stocks

$EVR #Evraz ... Debt Markets Today - September 16, 2021. Weekly Inflation, OFZ Auctions Review, Moodys Upgrade Evraz Notes, Gazprom Update, Sibur Plans Local Bond Issuance: CIS EUROBOND MARKETYesterday, Russian dollar-denominated sovereign Eurobonds…

Natixis - Short-term interest rate setting versus quantitative easing in the determination of the yield curve slope: We begin with an econometric analysis of the determination of long-term interest rates in the United States and the euro zone. It shows…

Natixis - Ground Shifting: Interest rates have remained both low and rangebound as the stock market has made new highs. Investors do not appear to be worried about the implications of a strained labor market or the possibility of a record increase in…

Natixis - The theoretical reason why long-term interest rates cannot rise: We can question the link between long-term interest rates, savings, fiscal deficits, expected inflation, short-term interest rates, etc., but there is a theoretical reason why…

Natixis - Time to Worry: Prices have run well above consensus expectations. Yet, investors have not been troubled because much of the rise has been in acyclical inflation, leading them to think inflation will be transitory. While the rate of acyclical…