Top News | Nov 21, 2014

US data points to earlier Fed tightening

Positive economic data from the U.S. increased the likelihood for an earlier Fed tightening, which had a negative effect on equity markets yesterday. The Conference Board’s leading indicator rose +0.9% in October (consensus: +0.6%) signaling a stronger growth trend in the U.S. six months from now. The Philly Fed indicator climbed to 40.8 points in November, the highest since 1993.

Client journal CREDO XIX

25 years after the Fall of the Berlin Wall

Read the story of Michail Gorbachev, one of the protagonists, in the new issue of CREDO on the topic of “power”.

CREDO is now also available online with multimedia content and direct access to portraits and reports of previous issues.