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The ECB sticks to its guns even as stricter containment measures loom large as the fourth pandemic wave sweeps over Europe. The bank had only just started acknowledging the increasing upside risks to its inflation outlook. If the ECB keeps full optionality in light of inflationary...
Service sector growth accelerated but is threatened by rising COVID-19 case numbers, notably in Europe, which have hit business confidence for year-ahead prospects. Growth in the 'G4' developed economies of the US, Eurozone, Japan and the UK had surged to an all-time high in May as ec...
After a 3.4% decline in 2020, world real GDP is projected to increase 5.5% in 2021 and 4.2% in 2022. With some critical supply shortages and shipping bottlenecks persisting into 2022 and beyond, inflation pressures will subside only gradually. The US economy is proving its resilie...
The Fed confirmed that it will taper its asset purchase program starting later in November, while the Bank of England (BOE) fell just short of raising rates at its November meeting. 55% of managers expect inflation in the U.S. for the next 12 months to stand between 2.26% and 2.75%, w...
A stronger expansion of business activity in November defied economists' expectations of a slowdown, but is unlikely to prevent the eurozone from suffering slower growth in the fourth quarter, especially as rising virus cases look set to cause renewed disruptions to the economy in Decembe...
It is almost 22 months since the United Kingdom formally exited the European Union (Brexit), and the two sides are again locked in difficult negotiations on the terms of the divorce. Many of the problems concern Northern Ireland, a region of the United Kingdom that was granted special...
How a central bank views the inflation threat strongly influences how that bank will guide interest rate policy in the months ahead. There are some clearly diverging paths here now. On one side are those who have already put a foot forward - not in actually raising rates but in settin...
An acceleration of PE deals is contributing to record leveraged credit issuance in Europe, offering investors a potentially attractive opportunity to overweight U.K. assets. With spreads having compressed this year, it has been economic for sponsors to maximize leverage and fund deals...
Most central bankers appear to attribute the elevated inflation prints (at least partially) to global supply chain bottlenecks and associated scarcity of supply. Looking over the cyclical horizon, we see two key swing factors – inflation expectations and wages – and they...
After the third quarter suddenly sagged, we are seeing optimistic forecasts for the fourth quarter. The key question is - will we sag, like the third quarter, or soar again, like the first two quarters? While there are some catalysts supporting the economy’s strength this quart...
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Credit Suisse AG Nassau Branch ZC SP ETN REDEEM 11/05/2028 USD 100 Company Name:
FEUL Stock Symbol:
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Credit Suisse AG Announces the Exercise of its Right to Call its REML ETNs and its Right to Accelerate its FLGE and FEUL ETNs PR Newswire NEW YORK , Dec. 10, 2021 /PRNewswire/ -- Credit Suisse AG ("Credit Suisse") announced today that it has exercised its right...