Oct 23, 2018
LGT Navigator: Trump threatens Russia and China
On Asian stock markets, risk aversion intensified, while investments considered safe havens such as the Swiss franc, the yen, US treasuries and gold were in demand, as the threat by US President Trump to Russia and China to expand the nuclear arsenal caused tensions. Trump surprisingly announced the termination of the INF treaty concluded in 1987 during the Cold War between the USA and the Soviet Union.
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
Oct 22, 2018
LGT Navigator: Italy remains on confrontation course
There is growing concern on the capital markets that the conflict between Italy and the EU could escalate into a new debt crisis after Brussels warned the government in Rome in writing to comply with the budget targets. Italy has to answer until today. If Rome does not change its draft budget, the EU Commission could reject it as of 29 October. Concerns about Italy's public finances were particularly felt on the bond market, where risk premiums for Italian government bonds climbed to a six-year high.
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
Oct 19, 2018
LGT Navigator: Interest rates and Italy dominate market sentiment
Wall Street closed with losses, burdened by concerns about interest rates and growth, and Asian stock markets followed the negative trend. While the US corporate reporting season is in focus, latest US economic data confirmed the strong state of the US economy and fed concerns about rapidly rising interest rates with the Fed minutes published the previous evening. On Europe's stock markets, concerns about Italy's financial situation dampened sentiment on the floor yesterday.
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
Oct 4, 2018
LGT Investorama: Active versus passive? It depends on the mix!
The financial industry has long pondered the question of whether active or passive investing is better for a portfolio. It is hotly disputed which strategy is superior. Which is why the focus of the debate should be on the question of how an investor best combines the two philosophies across an investment cycle.
Read more
All news
