Sep 23, 2020 7:00:00 AM | LGT Navigator

The fear of renewed lockdowns to contain the corona pandemic is making investors more cautious. Nonetheless, the stock indices on Wall Street and, to a large extent, in Asia as well, recovered from their recent setback. While in Washington the Republicans are pushing for a quick replacement in the Supreme Court, US Federal Reserve Chairman Powell is calling for more fiscal stimulus.

Sep 22, 2020 7:00:00 AM | LGT Navigator

The fear of a new corona wave, especially in Europe, increased nervousness on capital markets at the beginning of the week. In the US, the election campaign is overshadowed by the dispute over the successor to the late constitutional judge Ginsburg. US President Trump now wants to announce his candidate for the Supreme Court already this week. Against this background, the political leaders in Washington remain divided and a compromise for a further corona aid package seems to be a long way off. US Fed Chairman Powell will emphasize again today that the central bank will use all its instruments to support the economy.

Sep 21, 2020 7:00:00 AM | LGT Navigator

The dispute over the succession to the late liberal constitutional judge Ruth Bader Ginsburg is becoming a major issue in the ongoing presidential election campaign in the US and is also causing concern on capital markets, clouding investors' sentiment.

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

The promise of the US Federal Reserve to hold on to its quasi-zero interest rate policy for a long time to come was not able to help the stock indices to make any great advances. In addition, disappointing US economic data and further pressure on technology stocks such as Apple, Amazon & Co. led to disillusionment and increased investor restraint. At the end of the week, investors seem to be waiting for new impulses for the time being. In the meantime, global Covid-19 infections have exceeded the 30 million mark worldwide. The USA, India and Brazil continue to report the highest case numbers.

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

At the first review of the economic situation after the change of strategy at the Jackson Hole meeting, the US Federal Reserve (Fed) reaffirmed its expansive monetary policy and held out the prospect of maintaining zero interest rates until 2023. On Wall Street, the Fed announcement caused mixed feelings.