Category: Investment flash

China announces a stronger stimulus plan in 2025 to counter the potential effects of increased tariffs by the US administration. China is preparing to fight back against increased US trade sanctions by adopting a much more flexible monetary policy. The Politburo has pledged to , (...) Positive prospects for Chinese assets and commodities Discover our [...]

Just 30 days ago, when the outcome of the US presidential election was announced, we pointed out the extreme level of anticipation that had pushed 10-year US Treasury yields to 4.5%, stressing that this rise seemed to us largely unjustified by economic fundamentals. Today, (...) US Treasury rate decline spread to other capital markets Discover [...]

Swiss equities have been under similar influences to those driving European stocks down over the past few months, sliding by almost -7% since their year-to-date peak in early September, and finally gaining just +5.85% (SPI) since the start of the year. They still (...) Favourable outlook again amid potential weakening of the Swiss franc Discover [...]

After the recent correction of almost -10% in gold prices and -15% in silver prices, we feel it is worth taking another look at the outlook for precious metals. As we have frequently mentioned, the driving force behind gold's structural rise is solid demand from central banks and the BRICS countries. In our view, the [...]

Swiss inflation recorded its 2nd consecutive month of contraction in October (-0.1%), following a drop of -0.3% in September. It now stands at +0.6% year-on-year, its lowest level since July 2021, while the core CPI index falls to +0.8%. The trend in consumer prices surprised economists, who were expecting (...) The battle to weaken the [...]

D. Trump was elected at the end of a presidential campaign that all observers seemed to agree would produce an extremely close result on election night. In the end, the biggest surprise was (...) How long can post-election enthusiasm last? Discover our Investment Flash down below: Read more To make sure you don't miss any [...]

October was marked by negative performances for bonds. The approach of the US elections was certainly one of the main factors driving profit-taking in the financial markets, but geopolitical risks also contributed to (...) Trump trade expectations versus current economic reality Discover our Investment Flash down below: Read more To make sure you don't miss [...]

The latest BRICS summit in Russia was once again an opportunity to reinforce the project to create a BRICS currency backed by gold reserves, called the “Unit”. Whereas 100% of oil transactions used to be carried out in USD, now almost (...) Impact for the time being rather favorable to gold Discover our Investment Flash [...]

Global crude supply is now stabilized by the reduction in production by OPEC countries, which have cut their output by 6 mbpd, already representing 6% of current world demand. OPEC's position does not look set to change in the short term, as its objective remains to (...) Potential target of $90-95 a barrel in 2025 [...]

By lowering rates by 50 bps, it has decided to erase its last two hikes of May and July 2023, but we believe it is implicitly acknowledging that it could perhaps have already acted in June with an initial 25 bp cut. The monetary easing cycle is therefore now (...) Six more rate cuts before [...]