Tag Archives: SMI

Investec Switzerland. Ahead of the Christmas break, trading volumes were thin this week amid a lack of new market catalysts. Swiss and European equities were generally unchanged through the week, tracking global stock markets. Overall, sentiment appears to be positive as investors close their books for the year. © Gary718 | Dreamstime.com The European banking sector was this week’s main story with Deutsche Bank, Credit Suisse and the world’s oldest lender, Banca Monte dei...

Investec Switzerland. 2016’s December rally continued this week as Swiss and European equities outperformed global stocks. The US dollar continued to surge after the Federal Reserve increased interest rates for only the second time in a decade on Wednesday. © Elena Yakusheva | Dreamstime.com Fed Head Janet Yellen told reporters that inflation expectations have risen ‘considerably’ on the back of Donald Trump’s election win in November but added that the economic outlook...

Investec Switzerland. According to European Central Bank President Mario Draghi “uncertainty prevails everywhere” but apparently investors don’t mind. Market participants shrugged off last weekends “no” to constitutional reform in Italy and the subsequent resignation of Prime Minister Matteo Renzi to push European indices to 12 month highs this week. © Patrick Poendl | Dreamstime.com The Swiss Market Index followed European markets higher. The German DAX and France’s CAC...

Investec Switzerland. Investors appear to be staying on the sidelines this week ahead of the weekend’s Italian referendum. Swiss stocks are set to finish the week lower, underperforming global equities as food giant Nestle and pharmaceutical heavyweights Roche and Novartis drag the index down. © Lupoalb68 | Dreamstime.com It’s been a volatile trading week across financial markets. Oil prices jumped almost 9% on Wednesday after OPEC members finally agreed a deal to cut...

Investec Switzerland. The SMI is set to finish the week notably lower as investors continue to dump equities amid worries about the implications of next week’s US election, the trajectory of interest rates and mixed corporate earnings. © Daniel Raustadt | Dreamstime.com Until a week ago the market had confidently calculated a Clinton win but new FBI investigations appear to have put Trump firmly back in the race. The MSCI All Country World Index sank to its lowest level...

Investec Switzerland. A weak performance from Swiss pharma giants pulled the Swiss Market Index down again this week after investors dropped stocks in the sector on lackluster earnings reports. The peripheral European stocks and Japan managed to buck the trend this week, global stock markets remain under pressure in the run up to US election. © Fahrner78 | Dreamstime.com Italian and Spanish markets were this week’s winners among global equity markets. Spain’s main stock...

Investec Switzerland. The Swiss Market Index is set to finish the week notably higher, although under-performing global stocks amid optimism that central banks will continue to support equities by keeping interest rates at historic lows and providing markets with additional liquidity. © Winterling | Dreamstime.com Global equities experienced a “relief rally” after crucial central bank policy meetings in Japan and the US indicated that the era of cheap money has further to...

Investec Switzerland. The Swiss Market Index is set to finish the week notably weaker along with global equity markets as fears around global monetary policy hit sentiment ahead of key meetings by the Bank of Japan and US Federal Reserve next week. The SMI did manage to outperform its European peers thanks to its heavy weighting towards more defensive pharmaceuticals and consumer staples sectors. © Microstock77 | Dreamstime.com Global equity markets had a tough start to...

Investec Switzerland. The Swiss Market Index, along with other European markets, fluctuated this week as central bank decisions dominated the landscape. © Jorg Hackemann | Dreamstime.com Equity markets advanced at the beginning of the week as chances of the Federal Reserve raising US interest rates later this month declined after a surprisingly weak report on the US service-sector earlier this week. The report followed data last week that showed cooling job growth in...

Investec Switzerland. The Swiss Market Index, along with other European markets, is trading slightly higher this week after financials rallied on merger and acquisition rumors and hopes for improved growth. European banks, the industry group battered the most so far this year, lead gains after it emerged that Deutsche Bank AG and Commerzbank AG executives held talks about a potential merger in early August this year. Bank rally – © Valeriia Arnaud | Dreamstime.com US...