Erste Asset Management Investment Blog
Updates Investment Division
Updates Investment Division
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Updates Investment Division

Focus - on Coronavirus

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„Rough, nice and easy“ – Update from the Investment Division
„Rough, nice and easy“ – Update from the Investment Division
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„Rough, nice and easy“ – Update from the Investment Division

What has occurred since the long weekend? The song „Proud Mary“was written by John Fogerty, the front man of the rock band Creedence Clearwater Revivial. There are many cover versions of this song. The best known is probably from Tina Turner. That version starts with the line “…we’re gonna take the beginning of this song […]

Losses at beginning of week – Update from the Investment Division
Losses at beginning of week – Update from the Investment Division
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Losses at beginning of week – Update from the Investment Division

What has occurred since the long weekend? Last week began on a positive note in the markets for risk assets. The US leading index, S&P500, gained 3.6% from Monday to Wednesday. This was triggered by the following positive news: In a study, the drug Remdesivir showed success in treating COVID-19 patients. The US Federal Reserve’s […]

Stock market rally– Update from the Investment Division
Stock market rally– Update from the Investment Division
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Stock market rally– Update from the Investment Division

What has occurred since yesterday ? Markets Stock markets continued to rally yesterday. Europe was up slightly by 0.65%. USA clearly in positive territory at approx. 3%. Asia is slightly in negative territory as of this morning. The oil price fell back down to USD 20.30 (WTI). Gold remained strong at USD 1720 per ounce. […]

Easter weekend with a difference – Update from the Investment Division
Easter weekend with a difference – Update from the Investment Division
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Easter weekend with a difference – Update from the Investment Division

What has occurred since last Friday ? This Easter weekend was quite different compared to other Easter weekends of the past. Even if our countries will be on the forefront to loosen the lock-down over the next months not much could be felt from any resurrection yet. At least the OPEC-countries and their allies including […]

Reduction in Covid-19 deaths – Update from the Investment Division
Reduction in Covid-19 deaths – Update from the Investment Division
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Reduction in Covid-19 deaths – Update from the Investment Division

What has occurred over the weekend ? On Friday and also over the weekend some movement happened in the talks between Russia and Saudi Arabia about possible oil production cuts. After the last talks of OPEC+ about a month ago ended without an agreement between those two countries Saudi Arabia increased the oil production unilaterally. […]

Positive summary of last week – Update from the Investment Division
Positive summary of last week – Update from the Investment Division
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Positive summary of last week – Update from the Investment Division

What has occurred over the weekend? Equity markets had a good week. The US-equity index S&P 500 gained + 10,3%. Also the European markets gained significantly. The EuroStoxx 50 gained 7,5%. A bit negative were the losses on Friday (S&P 500 – 3,4%, EuroStoxx 50 – 4,2%). Volatility in the markets remained on a higher […]

For 3 day win streak – Update from the Investment Division
For 3 day win streak – Update from the Investment Division
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For 3 day win streak – Update from the Investment Division

What has occurred since yesterday ? Global equity markets closed yesterday the third day in a row with strong gains. The US leading equity index increased by 6,2%. The European exchanges could see gains of 1% to 3%. The credit risk margins für High Yield Corporate Bonds decreased again considerably. Also on the markets where […]