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Market comments

Strait talk

Trump-Xi to meet again César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management US President Donald Trump travels to Beijing for talks with China’s Xi Jinping starting on Thursday, as the world watches to see whether they can reach a common approach on Iran. Last…
MLI
12 May 2026
Market comments

No war, no peace, no oil

OPECxit César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The United Arab Emirates (UAE) said it was leaving OPEC after almost 60 years, dealing a big blow to the oil cartel. The move by OPEC’s third-largest producer will likely be negative for the oil…
MLI
05 May 2026