The European Union is advancing a year-end package to expand pension savings and tighten market oversight, including potential ESMA authority over crypto firms. Commissioner Maria Luís Albuquerque outlined plans for auto-enrolment pensions and centralized supervision of market infrastructures. The reforms aim to enhance Europe’s financial autonomy and competitiveness amid global shifts.
about EU Plans Crypto Oversight & Pension Reforms to Boost MarketsMario Draghi
0 posts last weekDaniel Morris on Trump’s Economic Agenda and Market Implications
Daniel Morris, Chief Market Strategist at BNP Paribas, expresses surprise at the aggressive pace of the new Trump administration, which he believes will lead to significant US economic growth but increased market volatility. He notes uncertainty around Trump’s tariff strategy and its potential impact on trade relations, while maintaining a positive outlook for US equities despite concentration risks. Morris also highlights the contrasting priorities of the US and Europe regarding job security and economic growth, suggesting that Europe may need to adapt to US deregulation pressures to remain competitive.
about Daniel Morris on Trump's Economic Agenda and Market ImplicationsNavigating Economic Challenges and Opportunities in Europe for 2025
François Villeroy de Galhau, in his New Year address, emphasized the need for Europe to adopt structural policies to enhance economic growth, focusing on market integration, increased investment, and innovation. He highlighted the importance of simplifying regulations while maintaining robust banking oversight, and noted a positive trend in inflation and economic growth in France, despite ongoing uncertainties. The Banque de France remains committed to fostering trust and stability as the country moves into 2025.
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