Skip navigation Scroll to top

Scroll to top

News

May 30, 2016

LGT Navigator: Yellen drives rate hike speculations

Wall Street reacted calmly to latest comments from U.S. Fed President Janet Yellen. Governor Yellen said on Friday that the U.S. economy is showing signs of strengthening and labor market conditions seem to improve, which could warrant another interest rate hike. Yellen’s statement drove rate hike speculations and could increase the chance of another step in the Fed’s monetary policy tightening cycle.

Read more

All news

May 27, 2016

LGT Navigator: Oil reaches six month high to retreat again

Stocks fluctuated yesterday amid a stronger oil price. Although the price for a barrel of Brent only temporarily exceeded the USD 50 per barrel mark in intraday trading, the rebound of the commodity provided investors some relief as this marked the highest level in six months. After the high the oil price retreated again this morning.

Read more

All news

May 26, 2016

LGT Navigator: Investor do not seem to fear the Fed

Stocks globally continued their rise yesterday as data releases in major economies have been stronger than expected as could be observed by the Citi Economic Surprise Index. This builds confidence among investors that the global economy is strong enough to digest a rate hike by the Fed, potentially as early as next month. So even if growth might stay weak, market participants’ fears of recession seem to wane.

Read more

All news

May 25, 2016

LGT Beacon: US policy rate hikes are back on the table again

In the autumn of 2014, the Federal Reserve stopped creating new US dollars and began parsing gradual increases in interest rates. That policy bias shift triggered a USD rally, a commodity slump, and gradually raised global financial market volatility.

Read more

All news

May 25, 2016

LGT Navigator: Strongest new home sales in eight years

Stocks in Europe and the U.S. surged yesterday after experiencing a suppressed start on Monday. Asian stocks followed the trend this morning with the Nikkei and the Hang Seng being up by 1.6% and 2.4% respectively. In the U.S. the gains were led by financial stocks as conviction among market participants rose that the Federal Reserve is going to raise interest rates this summer.

Read more

All news