Under pressure César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review US President Donald Trump extended his deadline for Iran to open the Strait of Hormuz by 10 days to 6 April after saying talks are “going very well”. The war nonetheless…

Valentin Vigier, Head of ESG Research, La Financière de l’Échiquier For two decades, the European carbon market (EU ETS ) has served as a foundational pillar of climate policy. By assigning a price to each tonne of CO₂, the European Union has integrated an explicit…

Yanxiu Gu, Fund manager, ODDO BHF China Equity Stars, at ODDO BHF AM After three years of bear market, China is again attracting interest from international investors according to us. The turning point came in late September 2024, when Beijing launched a strong stimulus package,…

Faced with huge movements in the equity and bond markets and the first fears of renewed inflation and stagflation, investors are wondering which direction to invest in to reduce the volatility of their portfolios. A number of options are emerging to take advantage of financial…

Charles-Edouard Bilbault, Global Equities Portfolio Manager Rothschild & Co Asset Management. Driven in particular by the energy transition, interest in the mining sector—and more specifically in strategic metals—has grown significantly in recent years. Although this paradigm shift is now at the heart of issues related…

It takes two to TACO César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The Strait of Hormuz remains closed, and the Iranian regime appears to be playing a long game, with a strategy to maximise economic disruption. This calls into question the so-called TACO theory…

Xiao Cui, Senior Economist, Pictet Wealth Management. We expect the Fed to keep rates unchanged at 3.5-3.75% on Wednesday. Governor Miran and Waller are likely to dissent in favor of a cut, with a possible third dovish dissent from Governor Bowman.  The policy statement is likely to acknowledge risks to…