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 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.
Sep 26, 2016
Equity markets in Asia opened the new trading week with losses as the yen strengthened, while oil prices recovered a bit from Friday’s slump ahead of this week’s OPEC meeting. Stock indices on Wall Street and in Europe declined on Friday following weak PMI survey results.
Sep 23, 2016
U.S. Federal Reserve Governor Janet Yellen’s “steady hand policy”, respectively the delay of a rate increase ensured healthy gains on financial markets. Particularly in Europe, equity indices partly gained more than +2% in yesterday’s trading session.
Sep 22, 2016
The monetary policy board (FOMC) of the U.S. Federal Reserve Bank (Fed) decided to delay the targeted rate hike once more to give the economy more time to benefit from ultra-low interest rates. The decision was opposed by three of the nine FOMC members and therefore a rather close call.