European Stocks Extend Winning Streak to Three Days

The video provides an overview of current market trends, highlighting gains in most industries except food and beverage. It discusses the performance of major banks in Italy and Germany, with a focus on profits and losses. A comparison of price to book ratios for European and U.S. banks is presented, showing divergence post-2009. The video also covers trends in emerging market corporate bonds, noting a decrease in yield spreads. Finally, it examines the iron ore market, predicting a price drop due to oversupply and high inventories in China.

Which industry is the only one not gaining today?

• Food and Beverage

• Utilities

• Telecom

• Healthcare

What was the significant financial result reported by Italy's biggest bank?

• A fourth quarter loss of €13.6 billion

• A profit that doubled

• A rights offering of €10 billion

• A profit increase of 5%

How did the price-to-book ratio of European banks compare to U.S. banks after 2009?

• European banks were above 1, U.S. banks below 1

• Both were below 1

• European banks were below 1, U.S. banks above 1

• Both were above 1

What are emerging market investors accepting to own corporate bonds?

• Moderate returns since 2015

• Largest returns since 2012

• Highest returns since 2010

• Smallest returns since September 2014

What is the expected trend for iron ore prices in the second half of the year?

• Rise to $70 per metric ton

• Increase above $60 per metric ton

• Remain stable at $50 per metric ton

• Collapse below $50 per metric ton