Report
Alessio Chiesa ...
  • Raffaella Tenconi

EME Macro/Strategy: Stabilising – all eyes on Brexit

The August sentiment data released by the EU Commission confirm that, broadly speaking, the economic downturn that began last year has halted and, in the past few months, the business cycle has begun to stabilise. This is true pretty much everywhere, bar in Germany, where the downturn is continuing and will not stop, at least not this year, in our view. The surveys indicate that a stabilisation phase began around May, but it is not yet shifting into an upswing and it remains highly fragile, with Brexit as a key risk to trigger another protracted downswing.
Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Alessio Chiesa

Raffaella Tenconi

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