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US CPI and Fed double bill leads US stocks to fresh highs

After US consumer prices for May rose by slightly less than expected, the US Federal Reserve yesterday left its policy rate unchanged, as anticipated…

1 year, 11 months ago

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French legislative elections and US interest rate decision day

President Emanuel Macron's call for legislative elections sends shockwaves through European financial markets. It is the big day for US inflation and…

1 year, 11 months ago

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European stocks fall on politics while US indices close at record highs

US stocks rose to new record highs yesterday as two of the major tech mega-caps led the way for the major indices. Meanwhile, Europe suffered a hango…

1 year, 11 months ago

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July rate cut off the table after strong US jobs report

US jobs growth surged in May and wages accelerated, prompting traders to push back the expected timing of US Federal Reserve interest rate cuts. US T…

1 year, 11 months ago

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ECB cuts rates and we like German equities

The ECB cut its deposit rate yesterday, but did not commit to further rate cuts. Eurozone banks rallied the most on the prospect of fewer rate cuts t…

1 year, 11 months ago

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Artificial Intelligence continues its ascent

Nvidia became the second biggest company in the world yesterday as its market value exceeded USD 3 trillion, whilst ASML pushed LVMH aside to take ov…

1 year, 11 months ago

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India votes to surprise

The Swiss equity market continues to shine among its European peers, with inflation well below the Swiss National Bank’s upper target and the stock m…

1 year, 11 months ago

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Weaker US macro data dampens investor sentiment

A flurry of weaker US economic data, which included a slowdown in factory output and a surprise contraction in the construction industry, saw the US …

1 year, 11 months ago

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Equities set to rally further as risk-on prevails

Major stock market indices are building on May's strong performance as we enter the meteorological summer here in Europe. In Asia, Indian markets are…

1 year, 11 months ago

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Wall Street diverges on bad tech news

Yesterday’s weaker-than-expected US GDP data helped to boost rate cut expectations by the Fed and bring yields down from their highs. And while equit…

1 year, 11 months ago

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