EFI

Trump wins, Macron loses – What are the consequences? Bruno Cavalier, Chief Economist ODDO BHF Asset Management. KEY HIGHLIGHTS: Occasionally, ​ a ​ country's ​ trajectory ​ changes ​ due ​ to ​ an unexpected political event. The assassination attempt on Donald ​ ​ Trump…

The Plan Epargne Actions (PEA) was created in 1992 in response to the government's desire to develop popular shareholding in France. It was supplemented in 2014 by the creation of the PEA-PME dedicated to listed or unlisted shares in Small and Medium-sized Enterprises (SMEs) and…

US rate cut in sight César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review The S&P 500 rose 0.9% last week (in USD) as the fall in June consumer inflation opened the way to a first Fed rate cut (we think…

Please find below a comment from Nadia Gharbi, Senior Economist at Pictet Wealth Management. We expect no major surprises at the European Central Bank (ECB)’s meeting on July 18. The ECB is likely to maintain its policy rate on hold and provide little additional information…

Trade Republic becomes one of the largest custodians in Europe, covering the whole brokerage business chain, replacing HSBC as intermediate custodian. Expansion of infrastructure sets new standards in terms of efficiency and automation, allowing for faster localisation and product development for Trade Republics customers. Europe's…

Take advantage of the turmoil in the bond markets to build a position. Since the results of the European elections in France showed a massive victory for the far-right, and the subsequent announcement by President Emmanuel Macron of the dissolution of the French National Assembly,…

Below you will find a new commentary by Lauréline Renaud-Chatelain, ​ CIO Office & Macro Research at Pictet Wealth Management. SUMMARY Corporate bonds have outperformed government bonds this year, mainly due to spread tightening and corporate bonds’ more elevated yields. Credit spreads now look particularly…

Back to T+1 (after a century!) César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW May ended on a whimper for US equities, as the Fed continued to seed doubts about its rate cut intentions. Inflation numbers were as expected, but…

This month, we take a look at the growing importance of Artificial Intelligence in non technology sectors, by analyzing the specific case of the banking sector. The recent publication by Jamie Dimon, CEO of US banking giant JP Morgan, of his letter to shareholders not…

UK elections on 4 July César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW It was a rocky week for US equities, with the cheer generated by blockbuster earnings from the world’s main AI-related chipmaker quickly eclipsed by renewed doubts about…