Feb 20, 2020 7:00:00 AM | LGT Navigator

Confidence that the Chinese government and central bank's economic stimulus measures will cushion the economic consequences of the coronavirus epidemic and a declining rate of new infections provided some relief on the stock markets in the middle of the week. In the minutes published last night, the US Federal Reserve reaffirmed its current monetary policy and signaled that it would continue to wait for the time being.

Feb 19, 2020 7:00:00 AM | LGT Navigator

On Wall Street, stock prices came under pressure yesterday after a long holiday weekend pricing-in Apple's profit warning and a continued gloomy economic outlook due to the virus crisis. In Asia, however, most stock indices have recovered somewhat on hopes that China will take further measures to support the economy. In Japan, exports fell again at the beginning of the year, but not as strongly as feared.

Feb 18, 2020 4:10:00 PM | LGT Motorsport News

After three consecutive victories, Audi Sport ABT Schaeffler had to settle for 6th place for Lucas di Grassi in the 2020 Formula E race in Mexico City. Teammate Daniel Abt was able to start the race after a massive accident in practice, thanks to a huge team effot.

Feb 18, 2020 7:00:00 AM | LGT Navigator

Investors were cautious at the beginning of the week in view of a US public holiday (President's Day). The coronavirus continues to be the focus of attention, especially as Apple warned that it might not be able to meet its sales targets due to the negative impact of the epidemic. This has also caused the Chinese central bank's recent support measures, which yesterday supported Asian stock markets to fizzle out.

Feb 17, 2020 7:00:00 AM | LGT Navigator

Equity markets in Europe and the US did not find a clear trend at the end of last week and the virus crisis continues to create a cautious mood on the capital markets. Mixed US economic data was also unable to make any impact on Friday's trading. While China's stock markets got off to a positive start this week thanks to renewed support from the central bank, the Tokyo stock index is posting losses due to weak economic data.