The OPEC+ oil association was unable to agree on official production cuts at its meeting last Thursday. However, individual member states announced plans for cuts. In a joint statement after the meeting, the more than twenty OPEC+ states also announced that Brazil would join the production alliance at the beginning of next year.
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Increasing optimism for a “soft” economic landing
While equities have recently risen, yields on the bond market have weakened. The markets are being supported by increasing hopes of a “soft” landing for the economy. What are the chances of this scenario?
Turkish economy on the road to normalization
After years of numerous hardships, the political and economic signs are changing in Turkey. Growth, which has returned this year despite high inflation and interest rates, is expected to continue in the coming years according to forecasts. International investors have also rediscovered the Turkish stock market.
Surprise result in the Dutch elections
After around a year, the Dutch government under Prime Minister Rutte collapsed in the summer of 2023 due to disagreement over migration policy. It came as a surprise that long-serving Prime Minister Rutte decided not to stand again in the next elections. After more than thirteen years in office, making him the longest-serving prime minister […]
Can China’s economy still be revived after the slowdown?
According to Covid, growth in the Chinese economy is lower than expected and the willingness to invest and consume is declining. The real estate market is also adjusting after the boom years. What short- and long-term measures does the central government intend to take to revive the economy?
Investment View | November 2023
What’s happening on the markets? In our Investment View, the experts of our Investment Division regularly provide insights of current market events and their opinion on the various asset classes.
More Optimistic Outlook for German Economy among Experts
Stock market professionals are less pessimistic about the prospects for the German economy in the next six months. This is shown by the current economic barometer of the Center for European Economic Research (ZEW). The government also wants to get the economy moving again with additional relief measures.
FNG Label: 17 top marks for our sustainable funds
Strict criteria, a clear investment process, and many years of expertise pay off, as illustrated by our results in this year’s award of the FNG Label by Forum Nachhaltige Geldanlagen (FNG; Forum for Sustainable Investments). All 17 funds submitted by Erste Asset Management were awarded the quality label for sustainable investment funds, capturing the top rating of three stars.
Sustainability labels: How they can help with investment decisions
Investors are increasingly focusing on environmental, social and governance criteria when it comes to their investments. But how can investors even know which products and funds are truly sustainable? One way of separating the wheat from the chaff is to use sustainability labels.
Encouraging fall in inflation
Since the beginning of November the prices of both risky security classes such as equities and credit-safe government bonds have been on the rise. The market appears to be increasingly pricing in a so-called “soft” landing for the economy. The probability of this actually increased over the course of the year. However, the economic data published in recent weeks and months does not contradict the “hard” landing scenario.