Isinqumo se-European Central Bank (ECB) sokubambezela i- ukukhuphuka kwamanani wenzalo endaweni ye-euro iba nomthelela ohlukile ngokuya ngomkhakha okukhulunywa ngawo. Kodwa ngokuvamile akuzona izindaba ezinhle kubatshalizimali abancane nabaphakathi ngenxa yesisindo esikhulu esithile umkhakha wamabhange onaso ku-stock stock kazwelonke, i-Ibex 35. Akumangalisi ukuthi amabhange alahlekelwe yimali eningi selokhu kwenziwa lesi sinqumo izinhlangano zomphakathi.
Lesi yisilinganiso okuzodingeka usihlole kusukela manje ukwenza noma yiluphi uhlobo lwamasu okutshala imali. Ngoba kuyisimo sokuthi ekugcineni sizohlala izinyanga ezimbalwa ngaphezulu. Okungenani kuze kuqale unyaka wezimali olandelayo lapho kuzoba noshintsho ku ukuthambekela kunqubomgomo yezimali yesikhala esivamile saseYurophu. Akumangalisi ukuthi le nto izofaka ingcindezi yomthengisi kwezinye zezokuphepha ezibalwe ezimakethe zezimali. Ngakho-ke, akukho okunye ongakwenza ngaphandle kokuba uqaphele lapho wenza imisebenzi ukuze wenze imali oyongelayo izuze.
Ngaphakathi kwalesi simo jikelele, akufanele ukhohlwe ukuthi lezi zinyathelo ziyizimbangela zezimakethe zezimali bangathatha enye indlela noma enye kusuka manje. Yize benomuzwa wokuqala wokuthi amanani enzalo aphansi asiza izimakethe zamasheya ukuthi zikhuphuke ekulinganisweni kwazo. Ngaphandle kokunye ukucatshangelwa kobuchwepheshe bezobuchwepheshe noma kusukela ekubukeni kwezisekelo zayo. Kunoma ikuphi, kuyiqiniso ukuthi kuzofanele wazi kahle ukuthi uzothatha izinqumo emhlabeni onzima njalo wokutshala imali.
IDraghi ngeke inyuse amanani ngo-2019
Isinqumo sikamongameli we-European Central Bank (ECB), uMario Draghi, sokunganyusi amanani entengo endaweni ye-euro kulo nyaka sibe nokubaluleka okukhethekile ezimakethe zezimali ezwenikazi elidala. Ngalo mqondo, lesi simemezelo esisemthethweni siholele ezinsukwini ezimbi kakhulu ukufakwa emabhange aseSpain. Balahlekelwe phakathi kwe-7% ne-3% yenani labo lemakethe, okungukuthi, ezingaphezu kwezigidi ezingama-5.000, ngemuva kokumenyezelwa kwendoda enamandla amakhulu ezezimali zaseYurophu ukuthi ngeke inyuse amanani enzalo, okungenani kulo nyaka. Umongameli we-ECB uzofaka imali ethe xaxa emnothweni wase-Europe kusukela ngoSepthemba.
Ku-a ithoni engenathemba Kunokwejwayelekile, ibhange lase-Italy lichaze ukuthi uMkhandlu Ophethe uthathe isinqumo "ngazwilinye" ukubambezela "okungenani kuze kube sekupheleni kuka-2019" ukunyuka kokuqala kwamazinga wenzalo. Njengesizathu sezinyathelo ezintsha zokumemezela ezimenyezelwe, uDraghi uvumile ukuthi izibikezelo ezintsha ze-ECB zimele ukwehla "okukhulu" kokulindelwe kokukhula uma kuqhathaniswa nalokho okushicilelwe ngoDisemba owedlule, bevuma ukuthi ukwehla okukhulu endaweni ye-euro engxenyeni yokugcina ye-2018 Kubukeka sengathi izonabela naku-2019.
Ukuphahlazeka emabhange aseSpain
Umphumela wokuqala walawa magama avela e-European Central Bank (ECB) ube ngumthofu wokulinganisa kuwo wonke amabhange kulo mkhakha, ngaphandle kokukhetha. Ngokwehla kwamandla afinyelela ku-8% eBanca Sabadell futhi futhi ngamandla amakhulu kukho konke okunye ukuphepha kwalesi sigaba esibalulekile semali engenayo kazwelonke. Ithemba ekugcineni selizinze kuwo wonke amabhange futhi kuzobiza imali enkulu ngabo ukushintsha ukuthambekela kwabo kuzo zonke izinyanga ezisele zalo nyaka onzima. Ngakolunye uhlangothi, asikwazi ukukhohlwa ukuthi lezi zinkampani ezibalwe kuxhomeke ekukhuphukeni kwamanani kuye thuthukisa amamaki wenzuzo yakho. Ngemuva kokuthi lezi zinciphise izindawo zokuhlala zakamuva ziye emazingeni akhathaza kakhulu abatshalizimali abancane nabaphakathi.
Ngalesi simo jikelele, kufanele kuphawulwe ukuthi amabhange ayimikhakha ebucayi kakhulu yemakethe yamasheya kulolu hlobo lwezinyathelo zemali. Ngemuva kwe- iphutha lomhlaziyi wezezimali Ukuthi ezinyangeni ezimbalwa ezedlule babecabanga ukuthi kuzoba ngoDisemba 2019 lapho lolu shintsho kumkhuba wamazinga wenzalo luzokwenzeka. Njengoba iningi lezazi zomnotho ezihlolwe yiBloomberg litholile. Ngalesi sizathu, isinqumo sikaMongameli we-European Central Bank (ECB), uMario Draghi, simangaze wonke umuntu.
Isimo esibi somnotho waseYurophu
Kepha lesi sinqumo sidlula izinhloso zemali, ngoba sithinta ukuwohloka komnotho wendawo ye-euro. Ngalo mqondo, babheka kusuka ku-ECB ukuthi izingozi zomnotho wendawo ye-euro ziguquke ngendlela engeyinhle. Akumangalisi ukuthi izitatimende zakamuva ezenziwe nguMongameli we-European Central Bank (ECB), uMario Draghi zingena kulesi siqondiso ngokugqamisa lokho idatha yakamuva isabuthaka kunalokho obekulindelekile, eqinisekisa ukuthi izingozi ekubukekeni kwendawo ye-euro "sezishintshele phansi."
Lezi zindaba akuyona izindaba ezinhle emabhange abhalwe ezimakethe zezimali ngakho-ke zonke izikhundla emkhakheni wezezimali kufanele zenziwe. Akumangalisi ukuthi kuzoba nesikhathi sokuba nentshisekelo kulawa manani lapho efakwa ohlwini ngamanani aphansi kunalawa wamanje. Ngayo i- amandla azoba ngaphezulu esikhathini esimaphakathi futhi ikakhulukazi isikhathi eside. Kepha hhayi kulezi zikhathi eziqondile ngoba kuningi ongakulahlekelwa kunenzuzo. Futhi lokhu kungukuthi abatshalizimali abaningi abancane nabaphakathi bayakuqonda, abashiya izikhundla zabo kulezi zibambiso ngenxa yokwesaba ukwehliswa okuqhubekayo kwamanani abo kulo nyaka onzima wemakethe yamasheya.
I-Santander imelana kangcono
Iqembu lezezimali seliqede ngempumelelo uhlelo lwalo lweminyaka emithathu, ngokugxila ekwethembekeni kwamakhasimende, okukuvumele ukuthi liqhubeke njengenye yamabhange anenzuzo enkulu futhi asebenza kahle phakathi kwabancintisana nabo, buyela enhlokodolobha ephathekayo (RoTE) engu-11,7% kanye nesilinganiso sokusebenza esingu-47%. Ngakolunye uhlangothi, iSantander iphinde yanikela enqubekweni yabantu nezinkampani phakathi nonyaka futhi yaxhumanisa amanye amakhasimende ayizigidi ezi-2,6. Isikweletu nezinsizakusebenza kukhuphuke ngo-4% kuma-euro aqhubekayo.
Kokunye ukuhleleka kwezinto maqondana nemiphumela yayo yebhizinisi, kuyadingeka ukugcizelela ukuthi inani lamakhasimende elisebenzisayo amasevisi wedijithali lenyuke ngo-6,6 million, laya ezigidini ezingama-32. Iqembu laqhubeka nokuguqulwa kwalo ngokwedijithali ngokwethulwa kwezinsizakalo ezintsha nezingcono zamakhasimende, ezavumela ibhange ukuba libe phakathi kwezinhlangano ezintathu eziphezulu zokweneliseka kwamakhasimende ezimakethe zalo eziyisikhombisa ezinkulu. Ngenkathi ngakolunye uhlangothi, inzuzo yonyaka yasebhange ebangekayo inyuke ezimakethe eziyisishiyagalombili kwezilishumi eziyinhloko kuma-euro aqhubekayo (ngaphandle komthelela wezinga lokushintshisana).
Izinkampani zikagesi abahlomuli abakhulu
Ngenkathi ngakolunye uhlangothi, izinkampani ezisemkhakheni kagesi yizo ezihlomula kakhulu ngalezi zinyathelo ezicatshangwe yi-European Central Bank (ECB). Ngenxa yesikweletu sabo esikhulu nokuthi bathole umusa kubatshali zimali abancane nabaphakathi ngokuthenga okungalindelekile. Lapho usebenza futhi uzivocavoca umzimba inani lokukhosela lapho ubhekene nesimo sokuntengantenga nokungazinzi ezimakethe zezimali.
Amagugu alo mkhakha obalulekile nawo ukwazile phakathi kuka-2% no-4%, ngaphakathi komkhakha owawusivele usendaweni ene-bullish. Ngisho nabanye babamele bayo esimweni sokukhuphuka kwamahhala, nokuyinto engenzeka kangcono kumafa wezezimali. Akumangalisi ukuthi abasenakho ukumelana okufanelekile ngaphambili ngakho-ke bangakhula kakhulu ekulinganisweni kwamanani abo. Ukuba enye yezinketho ezingavikela kahle izintshisekelo zabatshalizimali abancane nabaphakathi ngalo mzuzu oqondile. Ngamanani wenzalo aphansi kakhulu asiza amasu ezinkampani zikagesi ngenxa yezici zawo ezikhethekile.
Ukuhweba emakethe yamasheya
Ngalesi simo jikelele, kufanele kuqashelwe ukuthi imakethe yamasheya yaseSpain kuthengiswa ngamanani Kuhlaziyiwe ama-euro ayizigidi ezingama-32.319 ngenyanga edlule, okusho ukuthi amaphesenti angama-22 engaphansi kukaJanuwari no-30,6% aphansi kunesibalo senyanga efanayo yowezi-2018. Inani lezingxoxo belingu-2,8 million, u-21,8% uphansi kunenyanga edlule no-37% wehlile kunaleso esibhaliswe esikhathini esihlaziyiwe ngonyaka odlule.
Ngakolunye uhlangothi, engxenyeni ye- izincwadi nezitifiketi Kwaxoxiswana ngama-euro ayizigidi ezingama-24, 31,8% ngaphansi kwenyanga edlule no-47,4% ngaphansi kunangesikhathi esifanayo sika-2018. Inani lezingxoxo belimi ku-5.826, okumele u-7,5% ngaphansi kukaJanuwari no-36,4% ngaphansi kunenyanga efanayo yangaphambilini unyaka. Lapho, ekugcineni, inani lezinkinga ezivunyelwe ekuhwebeni lifike ku-1.186, okungukuthi, akukho ngaphansi kuka-108% ngaphezu konyaka odlule. Ukuba ngenye yezinketho ezingavikela kangcono izintshisekelo zabatshalizimali abancane nabaphakathi ngalo mzuzu oqondile. Ngamanani wenzalo aphansi kakhulu asiza amasu ezinkampani zikagesi ngenxa yezici zawo ezikhethekile.