Sep 20, 2016
LGT Bank Ltd. placed a CHF 350 m fixed-rate bond issue on Monday. The successful launch is the largest bond issue to date by LGT at the lowest coupon rate (0.2 percent).
Sep 30, 2016
Stock prices in Asia declined as turbulences about Deutsche Bank’s capital strength and weaker-than-expected economic data out of Japan increased insecurities. In Japan, consumer prices and consumer spending declined more than anticipated, which will probably increase pressure on the government and the Bank of Japan.
Sep 29, 2016
OPEC members unexpectedly agreed to cut their crude output for the first time since 2008. Oil prices (WTI) temporarily surged more than +5% above USD 47 a barrel. Equity markets in Asia rallied also thanks to a positive lead from Wall Street where investors showed more confidence as U.S. economic data came in better than expected.
Sep 28, 2016
Equity markets were somehow relieved after the first TV debate of the U.S. presidential nominees. According to initial surveys, Hillary Clinton seems to have performed better than her rival Donald Trump.
Sep 27, 2016
The first TV debate between presidential candidates Hillary Clinton and Donald Trump saw hefty exchanges and personal charges over the economy, trade, race and foreign policy. After the 90 minutes verbal battle, Clinton seemed to have a more confident appearance.