Aug 10, 2017
LGT Bank (Switzerland) and LGT Bank Ltd. in Liechtenstein are expanding their boards of directors by two new members. The two private banks appointed Gabrielle Nater-Bass and H.S.H. Prinz Hubertus Alois von und zu Liechtenstein as new board members for their respective boards. They assumed their roles on 1 August 2017.
Aug 23, 2017
Analysts and professional investors surveyed by the Mannheim-based ZEW institute are continuing to be more cautious in August. The economic expectations gauge fell by 7.5 to +10.0 points, which was a stronger-than expected drop, and the third monthly decline. Above all, weaker-than-expected growth of German exports as well as the diesel scandal in the German automobile sector contributed to a sober view of the economic outlook, ZEW commented.
Aug 8, 2017
The incoming economic data point to robust global growth while monetary policies remain supportive - even if policy tightening is brought forward somewhat in Europe, subdued inflation should prompt Japan and perhaps even the US to surprise on the dovish side. We keep our preference for equities and for currencies with a hawkish surprise potential.