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Oct 21, 2014 8:46 AM       Daily Market News   EN | DE

Short lived recovery in equity markets

The downturn in equity markets continued yesterday in Europe and proved Friday?s recovery short lived. Disappointing results from technology heavyweights SAP (-5.76%), Philips (-3.65%) and IBM (temporarily more than 8%) dampened investor?s mood. Apple?s after-hour earnings report provided some relief. China?s economy expanded at an 7.3% annual pace in Q3, as expected. In Tokyo, the Nikkei 225 fell about 2% on a stronger yen, following a 4% gain at the start of this week.

From: LGT Navigator Abo

Oct 20, 2014 8:41 AM       Daily Market News   EN | DE

Financial markets recover from last week's rout

International equity markets recovered from last week?s downturn, supported by economic data. In Tokyo, the Nikkei 225 gained nearly 4% as the Government Pension Investment Fund plans to increase its allocation target for local shares to about 25% from 12%. U.S. consumer confidence improved in September and housing starts rose stronger than anticipated. In Europe, stocks recovered on hopes of additonal central bank action.

From: LGT Navigator Abo

Oct 17, 2014 8:58 AM       Daily Market News   EN | DE

Ongoing uncertainty in financial markets

Global equity markets continued their slide yesterday and investor?s uncertainty was noticeable. Many shares broke long-term chart supports and pushed positive news from the corporate side (e.g. Goldman Sachs) in the background. Latest economic news from the U.S. were in general positive. Industrial production rose 1.0%, and the Philly Fed index slowed less than expected.

From: LGT Navigator Abo

Oct 16, 2014 9:05 AM       Daily Market News   EN | DE

Economic worries keep a tight hold on markets

Fears of a worldwide economic slowdown are dominating the sentiment on financial markets. Equity prices declined on a broad level on weaker-than-expected U.S. economic date (drop in retail sales and Empire State survey that points to weaker industry activity). Furthermore, rating agency Fitch considers a downgrade of France?s credit rating (AA+) in the face of a weak economic trend. The Federal Reserve?s Beige Book sees the U.S. economy growing at a ?modestly to moderate pace.?

From: LGT Navigator Abo

Oct 15, 2014 8:24 AM       Weekly Market Comment  EN | DE

LGT Beacon: Big Challenges Ahead for Brazil's Hopefuls

Brazil?s presidential race is going into the second round. As the poll ratings for the incumbent president declined, the country?s stock market temporarily rallied, suggesting that market participants are anticipating a change of government in Latin America?s largest economy, and recent surveys support such hopes. But whoever prevails at the polls will face major challenges arising from Brazil?s weak economic situation and structural shortcomings

From: LGT Beacon Abo