Insights & News - EFGAM New Capital

Japan: the election going under the radar

Declining real wages and political scandals eroded Japanese Prime Minister Fumio Kishida’s approval rating, leading to his decision not to run for re-election as President of the Liberal Democratic Party (LDP). The party leadership election on 27 September therefore guarantees a new Japanese Prime Minister and will also likely see a snap general election called before the end of the year. In this Macro Flash Note, Economist Sam Jochim assesses the recent developments and their implications.

05 September 2024

Mexico risks priced-in but caution is warranted

Mexican stocks are down by over 8% and the Mexican peso has depreciated by over 10% in 2024. Part of this has been attributed to risks associated with the June election result and potential impact from a deceleration in the US. In this Macro Flash Note, economist Joaquin Thul explains the risks to Mexico’s outlook for the coming months.

04 September 2024

Infocus - What can we learn from SNB interest rate setting 2021-24?

A little more than two years have passed since the Swiss National Bank (SNB) started to raise interest rates after having kept them at -0.75% for seven years. Since then, it has raised interest rates five times by a cumulative 2% and cut them twice by 0.5% in total. In this InFocus article, EFG Chief economist Stefan Gerlach looks at SNB policy over this period to understand better how the SNB will set rates in the future.

02 September 2024

Convertible Bond Market Update

Convertible Bond Market Update by Martin Haycock. A short update on the convertible bond market following the recent global market volatility.

22 August 2024

Podcast - Navigating equities with Gerry Fowler

The recent burst of inflation in the US and in many other countries has led investors to wonder whether the entire inflation environment has changed.

21 August 2024

Infocus - Turning points and Fed policy

The level of the Fed funds rate is one of the most important parameters for financial markets because so much else is priced off it. With the approaching 18 September meeting of the Federal Open Market Committee (FOMC), Daniel Murray discusses the relationship between markets and the Fed funds rate.

21 August 2024

Mid-Year Outlook 2026