News

Apr 18, 2019 8:30:00 AM | LGT Navigator

LGT Navigator: Fed sees sustained moderate economic growth

According to the Fed, the US economy continues to grow moderately in most Fed districts. According to the Beige Book, the economic report published yesterday evening, employment has continued to pick up and wages have risen at the same pace as at the beginning of the year.

The minutes of the US Federal Reserve's last monetary policy decision on March 20 confirmed the Fed's wait-and-see attitude. There are still "significant uncertainties" in the economic outlook, and latest US inflation data will probably not put pressure on the Fed to raise key interest rates again in the near future. ECB President Mario Draghi continues to see growth risks for the euro zone and recent economic data have confirmed that the pace of growth in the euro area is slowing. Nevertheless, the likelihood of a recession remains low.

Apr 17, 2019 8:30:00 AM | LGT Navigator

LGT Navigator: Signs of economic recovery in China

China's economy grew faster than expected by +6.4% in the first quarter of the current year. Industrial production also grew strongly in March by +8.5% year-on-year, expanding at a rate not seen since July 2014. In addition, initial economic data in March had indicated that the economy could develop positively after a difficult start to the year.

The minutes of the US Federal Reserve's last monetary policy decision on March 20 confirmed the Fed's wait-and-see attitude. There are still "significant uncertainties" in the economic outlook, and latest US inflation data will probably not put pressure on the Fed to raise key interest rates again in the near future. ECB President Mario Draghi continues to see growth risks for the euro zone and recent economic data have confirmed that the pace of growth in the euro area is slowing. Nevertheless, the likelihood of a recession remains low.

Apr 16, 2019 8:30:00 AM | LGT Navigator

LGT Navigator: Light and shade in US bank results

Stock indices on Wall Street were in consolidation mode again after the price gains at the end of last week. Above all, a disappointing result by the investment bank Goldman Sachs put pressure on investors' sentiment, following stronger-than-anticipated quarterly results from JPMorgan a day earlier.

The minutes of the US Federal Reserve's last monetary policy decision on March 20 confirmed the Fed's wait-and-see attitude. There are still "significant uncertainties" in the economic outlook, and latest US inflation data will probably not put pressure on the Fed to raise key interest rates again in the near future. ECB President Mario Draghi continues to see growth risks for the euro zone and recent economic data have confirmed that the pace of growth in the euro area is slowing. Nevertheless, the likelihood of a recession remains low.

Apr 15, 2019 9:00:00 AM | LGT Motorsport News

Hard-fought points for Lucas di Grassi in Rome

With a hard-fought seventh position, Audi driver Lucas di Grassi scored crucial points for the Formula E title race in the E-Prix in Rome. His teammate, Daniel Abt, finished out of the points for the first time this season.

LGT Young Soloists at the Festival of South Tyrol in Merano

Am zweiten Dezemberwochenende startet die Formel E in die nächste Runde. Zum Saisonauftakt gibt es ein Gewinnspiel mit tollen Preisen.

50. Rennen der Formel E und ein weiteres Podiumsergebnis für Audi Sport ABT Schaeffler

Die Formel E ist spannend wie nie: Mit fünf verschiedenen Siegern in den ersten fünf Rennen liegen die ersten vier Piloten in der Gesamtwertung innerhalb von nur drei Punkten.

Audi-Pilot Daniel Abt hat auch im sechsten E-Prix der Saison Punkte geholt.

Nach Auftritten in Asien, dem Nahen Osten, Afrika sowie Süd- und Mittelamerika startet die Elektrorennserie am Samstag (13. April) auf den Straßen von Rom.

Following events in Asia, the Middle East, and South and Central America, the electric racing series will race on the streets of Rome on Saturday (April 13).

Apr 15, 2019 8:30:00 AM | LGT Navigator

LGT Navigator: Successful start into the US reporting season

The first quarter results of the two major US banks JPMorgan and Wells Fargo were well received on Wall Street and brought the week to a positive end. The results of the American blue chip stocks should set the tone on the stock markets again this week.

The minutes of the US Federal Reserve's last monetary policy decision on March 20 confirmed the Fed's wait-and-see attitude. There are still "significant uncertainties" in the economic outlook, and latest US inflation data will probably not put pressure on the Fed to raise key interest rates again in the near future. ECB President Mario Draghi continues to see growth risks for the euro zone and recent economic data have confirmed that the pace of growth in the euro area is slowing. Nevertheless, the likelihood of a recession remains low.

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