Jun 15, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: Standstill ahead of central bank decisions
In the run-up to the interest rate decisions of the Fed, the SNB and the Bank of Japan, investor restraint on the capital markets is noticeable. Increased inflation expectations and the prospect of a further recovery of the global economy from the corona crisis could persuade central banks to make an earlier turnaround on interest rates. On Wall Street, standard stocks moved sideways, but the Nasdaq technology exchange managed a new record high. In Asia, the indices trended inconsistently, and Europe's stock markets are also likely to be more or less at a standstill until the Fed decision on Wednesday.