Nov 8, 2018
LGT designated best private bank for alternative investments
LGT was the first bank to receive the “Best Private Bank for Alternatives” award at the renowned Financial Times Group’s PWM (Professional Wealth Management)/The Banker Global Private Banking Awards. It was also awarded “Best Private Bank for Growth Strategy” for the third consecutive year.
Read more
All news
Nov 12, 2018
LGT Navigator: Stock markets without clear trend in the short term
The prospect of a more restrictive monetary policy on the part of central banks, led by the Fed, and some disappointing corporate results (e.g. some weak technology earnings, ThyssenKrupp lowered its forecast or Richemont missed earnings expectations) as well as economic concerns, in particular with regard to China, leave stock markets without a clear short-term trend.
The ECB's cautious bias toward an interest rate turnaround, despite the announcement to end its billion-dollar bond purchase program probably at the end of this year, weakened the euro significantly. The ECB maintained its key interest rate at a record low and remained extremely cautious in its communication. At the same time, the Bank of Japan also left its key interest rates unchanged and even lowered its inflation expectations.
The capital markets were all relaxed about the thoroughly trend-setting results of the US parliamentary elections, and most stock exchanges recorded some significant gains thanks to the uncertainty that has now been removed. Although US President Donald Trump's position of power has thus been weakened, this should not immediately mean a real change of direction in previous policy, especially with regard to the trade conflict, which is important for the financial markets.
Read more
All news
Nov 9, 2018
LGT Navigator: Fed maintains course for December rate hike
As expected, the US Federal Reserve (Fed) left its key interest rate unchanged, but at the same time signaled its continued willingness to raise interest rates again, probably at the last FOMC meeting this year on 19 December.
The ECB's cautious bias toward an interest rate turnaround, despite the announcement to end its billion-dollar bond purchase program probably at the end of this year, weakened the euro significantly. The ECB maintained its key interest rate at a record low and remained extremely cautious in its communication. At the same time, the Bank of Japan also left its key interest rates unchanged and even lowered its inflation expectations.
The capital markets were all relaxed about the thoroughly trend-setting results of the US parliamentary elections, and most stock exchanges recorded some significant gains thanks to the uncertainty that has now been removed. Although US President Donald Trump's position of power has thus been weakened, this should not immediately mean a real change of direction in previous policy, especially with regard to the trade conflict, which is important for the financial markets.
Read more
All news
Nov 8, 2018
LGT Navigator: Relaxed reaction to US midterm results
The capital markets were all relaxed about the thoroughly trend-setting results of the US parliamentary elections, and most stock exchanges recorded some significant gains thanks to the uncertainty that has now been removed. Although US President Donald Trump's position of power has thus been weakened, this should not immediately mean a real change of direction in previous policy, especially with regard to the trade conflict, which is important for the financial markets.
The ECB's cautious bias toward an interest rate turnaround, despite the announcement to end its billion-dollar bond purchase program probably at the end of this year, weakened the euro significantly. The ECB maintained its key interest rate at a record low and remained extremely cautious in its communication. At the same time, the Bank of Japan also left its key interest rates unchanged and even lowered its inflation expectations.
The capital markets were all relaxed about the thoroughly trend-setting results of the US parliamentary elections, and most stock exchanges recorded some significant gains thanks to the uncertainty that has now been removed. Although US President Donald Trump's position of power has thus been weakened, this should not immediately mean a real change of direction in previous policy, especially with regard to the trade conflict, which is important for the financial markets.
Read more
All news
Nov 6, 2018
LGT Navigator: Democrats gain control of the House
In the landmark US midterm elections, the Democrats succeeded for the first time in ten years in winning a majority in the House of Representatives, while the Republicans were able to assert their majority in the Senate. The majority in the House of Representatives allows the Democrats to block many Republican policies, limiting US President Donald Trump's power base for the second half of his (first) term in office. Despite the unusually high voter turnout for midterm elections, there is probably no "blue (democratic) wave of protest". In contrast to the presidential elections two years ago, the polls and most projections were right. The reactions on the capital markets remain relatively subdued. Asia's stock markets initially recorded gains, but these then crumbled over the course of the day. The US dollar and the yield on ten-year US government bonds fell slightly.
The ECB's cautious bias toward an interest rate turnaround, despite the announcement to end its billion-dollar bond purchase program probably at the end of this year, weakened the euro significantly. The ECB maintained its key interest rate at a record low and remained extremely cautious in its communication. At the same time, the Bank of Japan also left its key interest rates unchanged and even lowered its inflation expectations.
Read more
All news
