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 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.
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.