Top News | Jun 30, 2015

Markets avoid panic reactions

International financial markets suffered losses at the start of the week but avoided panic reactions in the wake of the breakdown of Greek debt negotiations. Asian stock exchanges are generally higher this morning, recovering from yesterday’s losses. Investors are now awaiting the planned referendum on Sunday, when the Greek people can vote on creditors’ reform demands.

Asset Allocation Strategy Q3/2015

Economic outlook - still on shaky ground

Overall our tactical asset allocation for Q3 sees the global economy to remain on course, with structural imbalances and geopolitical issues denting its progress. Up to now inflation potential is kept in check by overcapacity, high debt burdens and low commodities prices. Click "read more" to get detailed insights into our market view.