May 21, 2019
LGT Navigator: Chip manufacturers suffer under Huawei verdict
The US government blacklists Chinese telecommunications supplier Huawei.
Read more
All news
May 20, 2019
LGT Navigator: Japan's economy remains on growth path
The Japanese economy grew more strongly than expected in the first quarter. The gross domestic product of the third-largest economy after the USA and China expanded in the first three months of the year by +0.5% compared to the previous quarter, despite lower capital expenditure by companies and weak private consumption, while analysts had assumed a slight downturn or a decline in GDP of -0.1%. Projected over the year as a whole, the growth rate was +2.1%. The surprising economic growth in Japan helped the Tokyo Stock Exchange to a moderate price gain.
Read more
All news
May 17, 2019
LGT Navigator: Sentiment on capital markets remains fragile
While positive signals from the US economy were able to push concerns about the trade conflict back into the background for the time being, fears of a renewed confrontation between Italy and the EU Commission are causing uncertainty on European stock markets in particular.
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.
Read more
All news
May 16, 2019
LGT Navigator: Lurking risks and mixed US economic signals
An impending further escalation of the trade conflict, geopolitical tensions in the Gulf region and interspersed US economic data caused stock inves-tors to hold back. Meanwhile, US retail sales disappointed in April with an unexpected drop of -0.2% from the previous month (consensus +0.2%). Americans, for example, spent less money on cars, electronics and building materials.
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.
Read more
All news
May 15, 2019
LGT Navigator: Trade conflict weighs on economic expectations
The ongoing and escalating trade dispute between the US and China is not only creating a tense mood on the stock markets, but is also leading to a gloomy assessment of economic expectations. The analysts and institutional investors surveyed monthly by the Mannheim-based economic research institute ZEW, showed their expectations for the coming half year in May to be 5.2 points down to minus 2.1 points.
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.
Read more
All news
