Investment Traffic Lights

Mid-July turbulences as well as several flareups in emerging markets provide a reminder of the need for vigilant patience.

CIO Commodity Commentary

By: Darwei Kung

An OPEC+ agreement – finally

Investment Traffic Lights

June was quite positive for the markets. Vaccination progress and good data coincided with reduced concerns about inflation. But the upswing is likely to lose momentum.

CIO Commodity Commentary

By: Darwei Kung

Gold-price setback after hawkish Fed

Investment Traffic Lights

In May most risk assets continued to rise, with some equity indices in Europe and the United States reaching new highs.

Investment Traffic Lights

April was a pleasant month for most investors.

Investment Traffic Lights

The first quarter was propelled by rising growth expectations and bond yields, as well as by a rotation into cyclical stocks.

The return of inflation?

By: Martin Moryson

Is inflation back? Is its current rise permanent or just temporary? And what are the implications of reviving inflation for the capital markets?

Investment Traffic Lights

Rising (real) yields spooked markets in February. The risk is not over, but we consider it transitory.

CIO Commodity Commentary

By: Darwei Kung

Less volatile markets ahead of Chinese New Year

Investment Traffic Lights

The U.S. elections, progress on vaccination, good quarterly figures and plenty of liquidity continue to drive the markets, which in some sub-segments are showing bubble symptoms.

CIO Commodity Commentary

By: Darwei Kung

The bulls are back in town

Investment Traffic Lights

2020 was better than its reputation – at least from an investor's perspective. In 2021, on the other hand, companies and consumers should fare better while investors may face a more difficult time. Broad positioning will be important.

CIO Commodity Commentary

By: Darwei Kung

After a challenging year, a positive outlook

Asia’s new trade bloc makes it even stronger

By: Elke Speidel-Walz

Despite de-globalization fears, China and Asia are back at the center of global supply chains. The RCEP Asian trade-integration plan has big global implications.