Oct 9, 2017
LGT has been an official partner of the Champions Hockey League (CHL) and the CHL Top Scorer Award since September. In the CHL, the 32 best European hockey teams compete for the most coveted title in European club hockey.
Oct 4, 2017
Thanks to LGT’s outstanding ratings, Global Finance magazine has included the bank in its list of the world’s 50 safest banks.
Oct 23, 2017
The US Senate passed a budget resolution last week, opening the doors for the planned tax reform, providing positive impetus for Wall Street. Europe, the focus this week is on the conflict between the Spanish government and Catalonia, and the ECB decision on monetary policy on Thursday. Japan’s Prime Minister Abe secured a landslide victory in the early elections as Abe’s ruling coalition retained a two-thirds majority in Japan’s lower house of parliament. The Nikkei 225 gained +1% capping its longest winning streak on record.
Oct 20, 2017
After the record series on US stock markets, yesterday technology stocks rang in a decline. Political uncertainty and some disappointing quarterly reports may have encouraged investors to take profits now. Economic data came mainly as a positive surprise, but failed to brighten the mood. Catalonia has allowed the ultimatum set by the Madrid central government to lapse. Most likely, Madrid will activate Article 155 and deprive Catalonia of its autonomy. The uncertain outcome of the Catalan conflict drives investors into supposedly safe havens such as gold and government bonds.
Oct 19, 2017
China's economy grew by +6.8% in Q3 compared to the same period last year, and has already exceeded the government's annual target of "around 6.5%". Economists attribute this strong growth to the sustained high level of lending, which is mainly used to boost the construction sector and subsidize many state-owned enterprises. At the start of the Chinese party congress, there was little evidence these support measures would soon be scaled back.