Research & Analysis

In FY 2020, Label Vie is maintaining its positive growth dynamic in an unprecedented context marked by the Covid-19 health crisis.

The dollar is falling…, the euro more resilient. The EUR/USD parity downtrend, observed since the start of 2021, was interrupted this week. In fact, the euro exceeded $ 1.21 against $ 1.20 a week earlier.

The euro shows signs of slowdown. The EUR/USD parity reached 1.20 this week against 1.21 a week earlier.  The euro even fell below $ 1.20 on february 4th, for the 1st time since december 1st, 2020.

COVID-19 crisis : a growth opportunity for the EUROBONDS market. Like previous crises, the Covid-19 pandemic has not been completely disadvantageous to the global economy.

A dynamic week under the sign of volatility The EUR/USD parity remains characterized by a strong volatility, torn between economic indicators reassuring Europeans and a difficult health situation generating fears of additional lockdowns in Europe.

If we had to sum up the year 2020 in one word. we would say without hesitation "VOLATILITY". Faced with the Covid-19 crisis. the MASI index underwent the fastest correction in its history.

Positive Data coming from Europe After crossing lower than the 1.21 level last week, the EUR/USD pair appreciated +0.74% to settle at $ 1.217.

At the beginning of the COVID-19 health crisis, Eurobonds' secondary market yields issued by African countries recorded significant increases.

In a context of an economic shock, the ordinary balance in Morocco would go into negative territory for the first time since the 2012-2013 crisis with a deficit of MAD -15 Bn according to the 2020 AFA.