13
Jul
Significant upside potential for the MSCI China Index. The first phase of the rebound in Chinese indices was technical in nature, driven by the expansion of valuation multiples following historic lows. We are now entering a market driven by [...] One of the best risk/return profiles available today Discover our Investment Flash down below: Read [...]
06
Jul
Economic downturn in Q2. Stagflation remains the base case. Growing concerns about the services sector. Consumers are worried. Negative surprises on the jobs front. Fed on hold. Strong demand for the dollar. Attractive bond yields. Key points Economic resilience will fade in Q2 The stagflation anticipated for Q2 is materializing The trend in services PMIs [...]
01
Jul
While the price of a barrel of WTI has just hit a short-term low of around $69 following the memorandum of understanding in the Middle East, we believe this low represents a buying opportunity and that prices will rebound by the start of the new school year. Our average forecast of $85–$90 for the full [...]
30
Jun
GDP contraction? Recession likely in Q2. Leading indicators are down. Households remain concerned. Price indices are rising. The ECB is taking a tougher stance. Mixed outlook for the euro. Stocks likely to consolidate over the summer. Key points Eurozone GDP contracted by –0.2% in Q1 Growing risks of a technical recession as early as Q2 [...]
25
Jun
The Swiss economy holds up in Q1. Weak outlook for Q2 and Q3. Sluggish consumption. Inflation contained for now. SNB on hold. A "game changer" for the franc. Rising volatility in listed real estate. Key points GDP growth (+0.4%) despite sluggish consumption Weaker but still positive outlook for Q2 (+0.2%) A slowdown set to extend [...]
19
Jun
GDP overestimated in Q1. Negative growth likely in Q2. Services sector slumps. Massive blow to employment in May. Consumer confidence at an all-time low. Rise in producer prices (+7.7%). Opportunities in real estate. Be cautious with stocks. Key points The ONS is likely overestimating growth in Q1 2026 Negative growth (-0.2%) expected for Q2 Alarming [...]
19
Jun
Following the correction in gold (-25%) and silver (-45%), we believe the consolidation over the past few months has helped clear out the excesses from January. The fundamental landscape is taking a positive turn, with several geopolitical, technical, and macroeconomic catalysts now [...] The fundamental and technical landscape has improved significantly Discover our Investment Flash [...]
08
Jun
Likely economic slowdown in Q2 and Q3. Consumer confidence subdued. Return of inflation. BoJ pivot anticipated. Rate market tensions. Easing pressure on the yen. Nikkei consolidation. Key points Strengthening economic momentum in Q1 An uncertain Q2 caught between energy shock and wage surge Mixed indicators at the heart of Q2 and Q3 tensions Household confidence [...]
05
Jun
The probability of an El Niño episode in 2026 is rising sharply according to leading international meteorological agencies. Historically, this phenomenon is associated with disruptions to rainfall patterns in Asia and Latin America, with potential consequences [...] Rising tensions on commodities Discover our Investment Flash down below: Read more To make sure you don't miss [...]
01
Jun
There is now a very high probability of an El Niño occurrence in 2026. Sugar, coffee, and rice are more vulnerable to climate disruptions. The agricultural commodities market is already weakened by the geopolitical situation. Who will be the indirect beneficiaries? Key points Understanding El Niño El Niño’s historical impact on agricultural commodities Rice, sugar, [...]
