ECB preview The ECB meets tomorrow to change monetary policy. I expect a 50 bps rise and hawkish communication. The recent data, both on the core CPI inflation and activity side have surprised to the upside since December and support more hawkish...

After a tumultuous 2022 for global equity markets, many regions are now offering more attractive valuations. The U.S. and India, however, are the notable exceptions, highlighting the importance of global portfolio diversification during the year a...

The wisdom of crowds can be powerful. But in times of heightened uncertainty, it can be helpful to understand potential risks. At the moment, markets appear to be crystallising around a hopeful outlook for 2023. Asset prices suggest inflation w...

Annalisa Piazza, Fixed-Income Research Analyst, MFS Investment Management We expect the ECB to hike interest rates by 50bp to 2.5% at its Governing Council meeting this Thursday. The pace of hiking is not expected to slow down anytime soon and ...

César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management Real US GDP growth came in at 2.9% annualised in Q4 22, down from Q3 (3.2%) but better than expected. Yet a reversal of the rise in inventories that explains half of that gro...

Below is a commentary by Frederik Ducrozet, Head of Macroeconomic Research, and Nadia Gharbi, Senior Economist at Pictet Wealth Management with their predictions for this Thursday's ECB meeting (2 February 2023). We think the ECB has no real...