Since the banking problems in the US emerged in March, share prices have risen and expectations for future key interest rates have fallen significantly. However, inflation dynamics remain the most important factor for the markets, but unfortunately also one that is difficult to assess.
Despite the recent turmoil in the banking sector, both companies and the global economy are currently proving to be extremely robust. Read more about the current market environment in the commentary by Gerald Stadlbauer, Head of Discretionary Portfolio Management at Erste AM.
The OPEC+ oil cartel’s member countries surprised the markets with an unexpected production cut announcement early this week, causing a surge in crude oil prices. The cuts were a “precautionary measure aimed at supporting the stability of the oil market,” OPEC+ said.
Inflation, coupled with restrictive central bank measures and recession worries, continue to keep the markets busy. This is also shown by a look at some important financial charts.
France’s controversial pension reform is about to be signed off. In the past week, protests against the reform have become more massive.
The current crisis of confidence continues to dominate market activity and has significantly increased uncertainty about the future development of economic indicators. Read more in the current market commentary by Chief Economist Gerhard Winzer.
The effects of the takeover of the faltering major Swiss bank Credit Suisse by its competitor UBS are spreading far and wide. The risk of a recession has increased. Will the interest rate hikes soon be coming to an end?
The Swiss bank Credit Suisse came under pressure on Wednesday after uncertainty spread among investors. The experts from our Investment Division provide an overview.
The turbulences surrounding the US Silicon Valley Bank (SVB) are currently keeping the markets busy. After the bank was closed last Friday, a comprehensive package of measures followed over the weekend to avoid possible consequences. In this blog post, the experts of our Investment Division explain what exactly happened and how they assess the situation.
Last week brought good, bad and inflation-fighting news, all from the US. At the start of the new trading week, the focus is on the turbulence surrounding Silicon Valley Bank.
