Research Market strategy
by Swissquote Analysts
US-China trade discussions are making progress. Six memoranda of understanding are in draft that cover technology transfer and cyber theft, intellectual property rights, currency, agriculture and non-tariff barriers to trade. Expectat...
22.02.2019
Minutes of the US Federal Reserve Bank’s January meeting bumped equities across the globe slightly higher. On Thursday morning, futures on the S&P 500 rose to the highest level since 3 December, while European futures were also we...
21.02.2019
UK Prime Minister Theresa May is heading back to Brussels for what we see as a way to collect air-miles. There is zero evidence that anything has changed on either side of Brexit: concessions from the EU are highly unlikely. As Brexit...
20.02.2019
After a disappointing end to 2018, Swiss external trade started the year on a solid footing with exports rising 1.1% m/m (nominal, seasonally adjusted) to CHF 18.9 billion, thanks to a bounce back in demand from Asian countries (+9.3%...
19.02.2019
Following mid-2018 talk between US President Donald Trump and European Commission President Jean-Claude Juncker that avoided duties on EU car imports to the US, the story now resumes. Last week’s Security Conference in Munich showed t...
18.02.2019
December’s retail sales gave a stark reminder that the economy is not rosy anymore. They contracted 1.2% monthly in December versus +0.1% expected, and November’s figures were downwardly revised. This is the largest contraction since ...
15.02.2019
Brexit deadlock remains. Will Prime Minister Theresa May maintain political support and win concessions from the EU? We’ll see at the next vote, scheduled for 27 February. We expect GBP/USD to decline further as Brexit fatigue weighs ...
14.02.2019
Following January’s Bank of Canada’s (BoC) meeting, which decided to maintain its key rate at 1.75% for the second consecutive time, the loonie is holding up against the greenback. Under current settings, we expect the Canadian econom...
13.02.2019
Brexit is going down to the wire. We are hurtling towards 29 March with scant evidence the EU-UK are closer to resolution. Political brinkmanship has damaged GBP (although Euro has not performed well either), with traders selling upti...
12.02.2019
The Swiss economy remains robust and Swiss companies are optimistic, with order backlogs, stable employment and high capacity utilization. Inflation was quiet in January, with headline consumer prices +0.60% and -0.30% in yearly and m...
11.02.2019