Stocks posted significant gains on Wednesday after U.S. Federal Reserve Chairman Jerome Powell signaled that the central bank would begin raising interest rates this month. Stock markets interpreted this as a positive signal in the sense that the threat to growth posed by the war in Ukraine did not justify a change of course in monetary policy at the moment.
ARTICLES IN THE TOPIC “Equities”
Ukraine conflict: sanctions against Russia
Last Friday saw the West’s first reaction to the invasion. Both the US, the EU and the UK announced sanctions against Russia. These mainly target Russia’s largest banks, oligarchs and the export of technology goods to Russia.
Military conflict Russia-Ukraine
Russia launched a military invasion of Ukraine on Thursday. The financial markets are reacting with price declines, a rise in the price of crude oil, a fall in the Russian ruble and price rises in credit-sensitive government bonds. We provide an assessment of the current market situation.
Transition to EVs is the Automotive Industry’s Hope for Beating Chip Crisis
The automotive industry is slowly recovering from the shortage of semiconductors in 2020 and 2021. The European car manufacturers recently presented more positive figures. The switch to electromobility is now in full swing.
Despite correction: long-term upward trend of biotech companies intact
Biotechnology shares have seen better times. Despite the most recent corrections, hopes for growth in the biotechnology sector remain very high. We spoke to Harald Kober, fund manager of ERSTE STOCK BIOTEC, about the latest developments.
Turbulent Week for Tech Giant Shares
US technology stocks have been subject to high fluctuations recently. Facebook reported significant share price losses. In contrast, Apple, Alphabet, Microsoft and Amazon delivered solid figures. The technology sector should continue to grow in the future.
Erste Asset Management achieves record result in 2021
Erste Asset Management was yet again ranked first among the Austrian investment companies last year. Assets under management in Austria had increased by 16.6% y/y to EUR 47.7bn as of 31 December 2021.
Stock markets off to a bumpy start in 2022
Inflation has risen sharply and the first interest rate hikes are expected from the Federal Reserve in the USA. What impact could this have on stocks?
Second Pandemic Year Ends With Strong Gains for Stock Markets
For the world’s stock markets, the second year of the coronavirus pandemic ended with partly spectacular gains. Which stock markets were the best in 2021? One thing should be said in advance: The Vienna Stock Exchange was among the top performers
Investors bought the dip. Again.
Just when it looked like a quiet end to the year on the stock markets, the emergence of Omicron shook investor confidence and led to a sell-off lasting several days. How has market optimism evolved since then? Our stock expert Tamás Menyhárt gives an outlook.