Saxo Bank A/S (Saxo Bank) and Disruptive Capital Acquisition Company Limited (DCAC) have confirmed their intent to explore a listing of Saxo Bank on Euronext Amsterdam in connection with a business combination with DCAC (the Business Combination...

Frederik Ducrozet, Head of Macroeconomic Research Pictet Wealth Management. Central bank pivot delayed, but still incoming We ‘mark-to-market’ our policy rates forecasts taking into account a more resilient labour market in the US, and the ...

Marc-Antoine Collard, Chief Economist & Head of Research Business confidence keeps worsening... In the manufacturing sector, the S&P Global business confidence index fell to 50.3[1] in August, the lowest level in more than two years...

The ECB raised rates by 75bp and President Lagarde delivered a classically hawkish assessment of the outlook for inflation. Bond yields rose and the curve flattened as the front end priced a more active ECB. However, the EUR managed to gain little...

Fixed Income Team - Union Bancaire Privée, UBP SA The European Central Bank has just raised its deposit rate to 75 bps from 0 bp with investors expecting more rate hikes as they anticipate a terminal rate up to 2.3%-2.5% by March 2023. An...

César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. End of an era After the death of Queen Elizabeth, the reign of King Charles III starts at a particularly challenging time for the UK. The new Prime Minister, Liz Truss,...