All articles on the topic “Markets”
The impact of Donald Trump’s election victory
After a long campaign, the results of the US presidential election are in: Donald Trump will be the next President of the United States. In addition, the Republican Party has retained its majority in Congress. What are the repercussions for the global economy and the financial markets?
Clinton versus Trump
The rising relevance of the anti-establishment movement across many parts of the world has instilled a particular sense of urgency and importance into the upcoming presidential elections in the USA on 8 November.
“The trust in emerging markets is returning”
ESPA STOCK GLOBAL EMERGING MARKETS: Three questions for Gabriela Tinti, Senior Fund Manager
High uncertainty, low volatility
Uncertainty is high, while volatility is low. How to resolve the contradiction?
Postponed is not abandoned
Bond yields were up last Friday, whereas equities recorded losses. Signs that the bull market with low volatility, which started after the Brexit vote, is drawing to an end are becoming more plentiful.
Increasing volatility expected
In the weeks following the Brexit referendum, the prices of many asset classes were rising amid mild fluctuations. However, an increasing number of clues suggest higher fluctuation for the coming months.
Brazil: Hope for change stimulates bonds
Author: Felix Dornaus, Senior Fund Manager Emerging Markets Bonds Brazil tactically overweighted at the moment Most of the fundamental economic data are currently not good. In 2016, the country is in recession; for 2017, a minor growth rate of +0.7% is expected. The nominal budget deficit of 2016 is about -10%, with a primary deficit […]
Brazilian equities are in demand
Brazil is locked into a severe recession in 2016, the year of the Olympic Games in Rio de Janeiro. After negative growth of 2.5% last year, the economy will be shrinking by more than 3% in 2016. Political crises and corruption scandals in connection with the oil company Petrobras have badly affected the country. But […]
Brazil: Olympic Games of politico-economic indicators
In Brazil, or more specifically, in Rio de Janeiro, the 31st Summer Olympics will be held in August of 2016. After Mexico City (1968), Moscow (1980), Seoul (1988), and Beijing (2008), this is only the fifth outing in the city of an emerging economy. The holding of the Games reflects the increasing economic importance of […]
Brexit-Referendum – a Non-Event?
Was the decision by the UK to leave the EU a non-event? Globally speaking, share prices have increased, the spreads for default risk have narrowed on many markets, and the UK central bank, i.e. the Bank of England, did not cut its key-lending rate. Good growth rate The economic indicators continue to suggest real economic […]