05
Nov
Since the market bottomed out in April, the Bitcoin Index has risen 63% while the dollar index has stabilized after a 12% correction at the beginning of the year. The inverse correlation often observed could once again put pressure on cryptocurrencies as [...] Dollar rebound triggers profit-taking Discover our Investment Flash down below: Read more [...]
29
Oct
Chinese equities are trading at a discount to global markets and even to other emerging markets or the S&P 500 (25.6x). The price-to-earnings ratios of the Hang Seng (12.8x) and CSI 300 (16.5x) suggest significant [...] Chinese stocks still offer diversification opportunities Discover our Investment Flash down below: Read more To make sure you don't [...]
22
Oct
The precious metals sector shone in Q3 (+17.4%), confirming its status as a safe haven in an uncertain global economic environment. Gold (+16.8%) and silver (+10.5%) prices rose significantly during the quarter, bringing their nine-month performance to historic levels of [...] We now believe that an unexpected rebound in the dollar is highly likely Discover [...]
17
Oct
The central scenario: A wave driven by three fundamental pillars. Precious metals have additional industrial leverage. Potential risks of an overly complacent bullish consensus now. Profit-taking justified after an exceptional year. Key points Between the euphoria of a bullish consensus and the risks of a correction The central scenario: A wave driven by three fundamental [...]
15
Oct
The precious metals sector shone in Q3 (+17.4%), confirming its status as a safe haven in an uncertain global economic environment. Gold (+16.8%) and silver (+10.5%) prices rose significantly during the quarter, bringing their nine-month performance to historic levels of [...] A rebound in the dollar could reverse the trend Discover our Investment Flash down [...]
01
Oct
The very positive trend for real estate came to a halt during the summer, marked by negative performance between the end of June and the end of September, wiping out some of the previous gains. This reversal can be explained by the rise in long-term interest rates, even though the ECB has put its policy [...]
30
Sep
European growth is gaining momentum. Leading indicators confirm the recovery. Inflation stabilizes. The ECB takes a break. Moderate outlook for bonds. More favorable environment for real estate and equity markets. Key points European recovery takes hold in Q3 A positive end to 2025 Leading indicators confirm the upturn Household confidence finally confirms its rebound Towards [...]
25
Sep
GDP slump. Divided economy. Inflation remains stubborn. BOE still on hold until Q1 2026. High risk premium for bonds and securitized real estate. Potential appreciation of the pound sterling. Growing risks for the FTSE100. Key points Growth slows after a robust start to the year The UK economy is running out of steam Leading indicators [...]
25
Sep
The FTSE 100 index has performed extremely well since June, climbing to around 9,200 points, not far from its historic highs. This rise was mainly driven by large international stocks in the energy, commodities and pharmaceutical sectors, which benefited from [...] Following the rise in the FTSE100, a repositioning in bonds is reasonable Discover our [...]
22
Sep
Resilient economy. Household consumption is recovering. Leading indicators still uncertain. Inflation still too high. No further rate hikes before 2026. Probable rise in the yen. The Nikkei is at an inflection point. Key points Slowdown in Households are spending, but businesses are hesitant Slowdown likely until the end of the year Composite PMI supported by [...]
