LFI

Powell’s soft pivot César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. Financial markets switched to risk-on mode last week, as a dovish pivot from the Federal Reserve and a big slowdown in US job creation fuelled expectations that US interest rates have peaked. The…

Matthew Ryan, CFA - Ebury. There were no major surprises from the Federal Reserve on Wednesday, with interest rates kept unchanged and Chair Powell striking a hawkish note on the US economy. Fed fund futures were assigning effectively zero chance of a hike this month,…

ESG corporate ratings are redrawing the financial landscape, yet investors often struggle to interpret them. Caroline Reyl, Senior Investment Manager, Stephen Freedman, Head of research and sustainability -Thematic Equities & Faisel Syed, ESG Specialist Pictet Asset Management. Overview Britain’s system of imperial measurements has long…

Story of the month The recent flotations of Arm (semiconductor, USA), Klaviyo (digital marketing, USA) and Instacart (food delivery, USA) are stirring hopes for a revival of the dormant IPO market for a year and a half now. All the three IPOs priced in the…

Comments by Franck Dixmier, Global CIO Fixed Income at Allianz Global Investors, ahead of the Fed meeting on 31 October and 1 November. Why we expect the Fed to hold steady We anticipate no change to rates at the next meeting of the Fed's monetary…

Happy Halloween César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. The US economy grew faster than expected in the third quarter and price pressures proved sticky in September, putting the spotlight on a Federal Reserve meeting this week for fresh guidance on policy rates.…

Ebury analyzes the situation Roman Ziruk, Matthew Ryan, CFA As was widely expected, the ECB kept rates unchanged at its October meeting, pausing after ten consecutive interest rate increases. The meeting did not bring a lot of additional context, and traders largely shrugged it off…

As expected, the ECB’s Governing Council (GC) today left unchanged its three key policy rates. The decision to hold rates was “unanimous”. Nadia Gharbi, Senior Economist Pictet Wealth Management. There were no new announcements. Of particular note, the possibility of accelerating ‘normalisation’ of the ECB’s balance sheet…