Energy shocks expose statistical blind spots

The Hormuz crisis has revealed the limitations of traditional energy statistics, telling us much about where energy comes from, but little about how it is used.

European earnings under scrutiny

European earnings have accelerated. Whether that warrants a lasting rerating will depend on how broadly and durably profits continue to grow.

3rd Quarter 2026 Market Update: German Equities

By: Hansjoerg Pack

Looking into the third quarter, the key market debate has shifted away from geopolitics and back towards artificial intelligence and the sustainability of the current technology cycle.

Not an inflation emergency

The Fed raises rates by 25 basis points to reinforce its inflation-fighting credibility

The Fed’s next move is no longer obvious

Economists expect gradual cuts. Markets see a less comfortable possibility: resilient growth and persistent inflation could force the Fed to raise rates again.

Europe’s absolute and relative charm

By: Vincenzo Vedda

Markets don't move on headlines alone. Structural shifts are changing Europe's investment story.  

Investment Traffic Lights

The monthly Investment Traffic Lights provide a detailed market analysis and our view on developments in the main asset classes. 

Americas CIO View

A numerator vs. denominator race at beta, alpha has no style

Europe’s gas stores tell only half the story

A changing gas market may be making gas storage levels a less reliable guide to winter risks. Still, there are good reasons to worry about upcoming heating bills.

APAC CIO View

By: Ivy-sw Ng, Tommy Law

Status Quo of Artificial Intelligence (AI) Adoption in Asia

Frank Kelly’s Congressional Outlook | August 31, 2026

By: Francis (Frank) J. Kelly

Time’s Up – The Congressional calendar is almost done, but markets should watch for possible debt ceiling increase

Frank Kelly’s Geopolitical Week Ahead | August 30, 2026

By: Francis (Frank) J. Kelly

Putin and Xi to meet at SCO, the G20 finance ministers and central bank heads gather in North Carolina, and Germany and the EU prepare tough new sanctions on Russia.

How food inflation travels

Rising food prices hit emerging-market consumers hard, but shared commodity shocks could have unforeseen implications for inflation around the globe.

YenDrain: The price of Japan's capital outflows

More of Japan's capital is being put to work abroad, with lasting consequences for the yen

U.S. debt reaches a milestone

The challenge is no longer just how much debt the U.S. has, but how expensive it is becoming to finance it