Analysis: Must Read

The renovation of Fed's headquarters: a new means of pressure from White House on Jerome Powell

The White House has found a new angle of attack against Jerome Powell: the renovation of the Fed's headquarters. Several Trump administration officials are pointing to budget overruns. In short, the...

Despite the trade war, Chinese exports are holding up

In June, Chinese exports grew at a steady pace. As a result, the first half of the year ended on a positive note, with a trade surplus of $586 billion, an all-time high. This is mainly the result of...

For Canada, 35% tariffs but many exemptions

While Canada is standing firm against Washington, the country has been hit with 35% tariffs, 10 points higher than previously set. However, the trade agreement signed during Donald Trump's first term...

The Fed wants to relax its assessment criteria for large banks

The US Federal Reserve is considering relaxing its system for assessing large banks, a reform that could facilitate mergers and acquisitions. This initiative is also in line with the Trump...

The Best Articles of the Week: Bayeux, all pilots and a little sex

In this week's press review, we take you from Bayeux to a marine cemetery, and from the UK to Canada via Beirut and Lebanon. Meanwhile, Europe is being lectured by Jamie Dimon, American tourists are...

Faced with uncertainty, investors are betting on corporate America

Letters every day, new sectors targeted… After a few weeks in which international affairs and budget debates in Congress have dominated the news, Donald Trump is relaunching his tariff offensive....

Politicians are businesspeople… and vice versa

The revolving door, or the transition from the political sphere to the private sector, illustrates the growing blurring of lines between regulators and the regulated. This phenomenon has taken on a...

Washington cracks down on copper imports, a market dominated by its neighbors and China

Tariffs are once again the focus of attention. After beginning to send letters to several countries on Monday, yesterday Donald Trump announced his intention to impose a 50% tax on copper imports....

The Week's Biggest Mergers Unpacked

This week saw a series of moves, from bold cross-border banking plays to regulatory shakeups in tech and entertainment. UniCredit's aggressive push into Germany dominated headlines, as did the...

Banned in India, Jane Street steps up to defend its activities

US high-frequency trading firm Jane Street has told its employees that it will challenge the Indian financial market regulator's decision to accuse it of market manipulation. In an internal email seen...

Macron-Starmer: the beginning of a honeymoon on the ashes of Brexit

A new European couple? Perhaps. One thing is certain: Emmanuel Macron is on a state visit to the UK, the first for a French president since 2008. This is a strong signal at a time when leaders are...

Tariffs: three months for nothing?

Yesterday, Donald Trump sent a letter to 14 countries notifying them of the tariffs that will be applied to them. The US president also postponed the implementation of these measures until August 1....

Risk premiums don't lie: Italy's is improving, France's is deteriorating (again).

On Friday, Italian 5-year yields fell below those of French OATs. This is a first in two decades. Once considered the sick man of the European Union, Italy is now enjoying increased confidence. The...

TikTok is preparing a specific version of its app ahead of an imminent sale in the US.

While TikTok is still threatened with a ban in the United States, if its US operations are not sold by September 17, a specific version of the app is reportedly being developed. This is one step...

Why is the rise of the euro a problem for the ECB?

Contrary to the consensus at the beginning of the year, the euro has risen sharply against the dollar. This rise limits imported inflation, but the high level of the currency is now worrying the ECB....

IPOs: Hong Kong is on the rise, and it's here to stay

Initial public offerings soared in Hong Kong in the first half of 2025. With a record $13.9bn raised, the financial center outperformed the Nasdaq , the NYSE and Shanghai . It alone accounted for 25%...

OPEC+ announces further increase in production despite fears over demand

This weekend, OPEC+ once again raised its production, with a larger increase than anticipated and higher than the previous month. This will keep prices under pressure in a market where tariffs are...

The importance of being constantly changing…

The dollar's slide in 2025 is not just a bad moment for narcoleptic currency traders, or a good moment for hyperactive currency traders. It is also a hot potato for European multinationals, which are...

What is the BRICS project? A fragmented group whose strength lies in its diversity

Once referred to as emerging economies, the BRICS+ now carry more weight in the global economy than the G7. Long relegated to the sidelines, these countries of the Global South have established...