Dec 6, 2019 7:00:00 AM | LGT Navigator

Investors are eagerly awaiting the latest labor market statistics from Washington today. After relatively weak job growth in October, the question is how solid employment growth in the US was in November. Consensus expectations give reason to hope that job growth will be much stronger again. Should this prove to be the case, the Fed is likely to see confirmation that it will not cut key interest rates any further for the time being.

Dec 5, 2019 7:00:00 AM | LGT Navigator

The threat of escalation is immediately followed by a hoped-for relaxation. Investors are currently in an emotional rollercoaster and are confronted with a news situation that changes practically daily with regard to the trade conflict. The depression that prevailed at the beginning of the week was followed yesterday by quiet hopes of a rapprochement in the trade dispute, which gave the stock indices in New York and Asia renewed momentum.

Dec 4, 2019 7:00:00 AM | LGT Navigator

US President Donald Trump has once again made his presence felt on the capital markets. Trump's latest statements on the trade conflict with China and a sharp tone against France are currently making the stock markets tumble. While the recent record hunt on the equity bourses was mainly driven by hopes of an easing in the trade war, investor sentiment is now dominated by disillusionment.

Dec 3, 2019 7:00:00 AM | LGT Navigator

Initially, encouraging industry data from Asia and Europe provided a positive start to the week on the stock markets, reports of faltering trade talks between the US and China and Trump's threat to reactivate punitive tariffs on Brazilian and Argentine steel imports and to impose penalties on French imports due to the possible introduction of a digital tax in France promptly dampened investors' buying mood.

Dec 2, 2019 7:00:00 AM | LGT Navigator

In Asia, stock markets started the last month of this year with a friendly tone and thus did not follow the negative trend of Friday. In New York, the stock market indices had recorded slight losses on “Black Friday”, a decisive day for the retail sector, after record highs had been reached before the Thanksgiving holiday. The market's focus continues to be on the trade conflict and the ongoing impeachment proceedings against the US president.