2 September 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index, along with other European markets, is trading slightly higher this week after financials rallied on merger and acquisition rumors and hopes for improved growth. European banks, the industry group battered the most so far this year, lead gains […]
Market round up – all eyes on Jackson Hole
26 August 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index along with global stocks are trading flat this week ahead of Federal Reserve’s Janet Yellen’s Friday speech at the central bank’s annual Jackson Hole Summit. The Federal Chairwoman’s speech at the meeting of central bank governors in […]
Global stock markets flat on mixed economic data
3 June 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Global stock markets are set to close largely unchanged this week. The Swiss Market Index (SMI) underperformed after data showed that Switzerland’s economy barely grew in the first quarter of this year. Sentiment swung between optimism and pessimism on mixed economic data […]
Stock markets edge higher as oil price hits US$50 a barrel
27 May 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Stock markets around the world are set to close higher this week after investors interpreted a rise in oil prices as a positive sign for the global economy. The Swiss Market Index (SMI) outperformed global markets amid a strong performance from financials and […]
Stock markets under pressure on US interest rate hike speculation
20 May 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss stocks are set for a modestly positive end to the week despite stock markets coming under pressure on growing speculation that the US Federal Reserve could raise rates as early as next month. Stocks markets were volatile this week after the […]
Glencore’s best start to year eases blow from post-IPO slump
Brought to you by Investec Switzerland. Glencore Plc shareholders showing up for the miner’s annual meeting on Thursday can take comfort in the stock’s best ever start to a year. Less so the loss of about half the company’s value since they met 12 months ago and more than 70 percent since a $10 billion […]
Julius Baer says new money short of target in first four months
Brought to you by Investec Switzerland. Julius Baer Group Ltd. said net new money from clients amounted to less than 3 percent of managed assets in the first four months of the year, missing its target. Clients in eastern Europe and Latin American showed “slow momentum,” while customers in Asia reduced borrowings and wealthy French […]
Swiss stocks higher on positive earnings releases and brighter inflation signals
13 May 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss stocks are set to close higher this week, outperforming global equities on positive earnings releases and brighter inflation signals. Stock markets around experienced a mixed week as investors weighed Federal Reserve rate hike expectations against gloomy economic data out of the […]
Swiss stocks underperform as central banks put policy changes on ice
29 April 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss equities are expected to finish lower this week, underperforming global stocks after the Federal Reserve and the bank of Japan held off on policy changes, mirroring last weeks “wait and see” stance of the European Central Bank. U.S. central bankers skipped […]
SMI struggles upward as the global stock recovery continues
22 April 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The SMI continued its struggling upward trend this week and is expected to finish slightly higher on Friday, in-line with global equity markets. Stocks held on to early gains despite concerns that the European Central Bank (ECB) and People’s Bank of China […]