At the Jackson Hole Economic Symposium, the Federal Reserve (Fed) and other major central banks remained focus on their principal mandate, delivering low and stable inflation of around 2%, despite higher unemployment and recession risk. Reducing i...

Jean-Pierre Durante, Head of Applied Research Pictet Wealth Management. Weak economic activity weights on oil prices Global oil supply has continued to increase over the past three months (by 1.6mbd). Meanwhile, the global economic slowd...

By Peter Garnry, Head of Equity Strategy, Saxo Bank The brief rally in global equities that lasted two months is now over as equities have rolled over. Equities recently have taken a big hit as the Jackson Hole conference made it clear to ...

2Q22 earnings season has been generally positive, alleviating investors’ immediate concerns of inflation’s effect on corporate profitability. However, the macroeconomic backdrop is still likely to deteriorate further, only adding to concerns aroun...

Weekly review by Steven Bell , Chief Economist (EMEA) at Columbia Threadneedle Investments Following comments from Fed chair Jay Powell, markets are pricing in a faster pace of tightening over the next few months. The Fed also concedes un...

The Pictet Group today released unaudited figures for the first half of 2022 showing operating income of CHF 1.577 billion (up 2% compared with the first half of 2021), and total operating expenses before tax of CHF 1.110 billion (up 3%). Net p...