Our experts bring you their latest insights about the capital markets.
News | 28.10.2019
In addition to maintaining stable prices, the objective of the U.S. Federal Reserve is to promote full employment. However, it is currently facing an employment slowdown in the non-farm payroll sector and declining retail sales. External risk factors, such as Brexit and the U.S. - China trade dispute, appear to be on the verge of a solution, albeit not immediately.
News | 17.09.2019
Not even the Fed's first interest rate cut in July was able prevent the mood of purchasing managers in the U.S. manufacturing sector from entering negative territory. The new trade tariffs with China that came into force on September 1 - and those planned for later in the year - are definitely continuing to unsettle the managers. This increased uncertainty in the manufacturing sector has fuelled fears of an approaching U.S recession, with the inverted U.S. yield curve delivering yet another warning signal.
News | 10.09.2019
We are still seeing relatively low economic growth in the eurozone. While France and Spain have achieved comparatively good results this year, both Germany and Italy have underperformed. Furthermore, despite solid job...
News | 13.08.2019
With the price of gold currently at a six-year high, many investors are asking themselves whether it has reached its peak or if there is further upside to the precious metal. At ETHENEA, we believe that...
News | 29.07.2019
There is no doubt that this week's focus will be the Federal Open Market Committee (FOMC) meeting on Tuesday and Wednesday. Although both the service sector and private consumption continue to support U.S. economic growth, the ongoing trade dispute with China is keeping uncertainty, particularly in the U.S. manufacturing industry, high. This is fuelling concerns of a slowdown in both the U.S. and global economies, due to spillover effects.
News | 24.07.2019
In light of the weak economy in the eurozone (in particular in Germany), inflation has been below the ECB target of "below but close to two percent" for some time now. The main causes of this weak economic growth are the trade conflict between the U.S. and China, which is still causing considerable uncertainty, and the lack of clarity around Brexit.