As oil prices edge higher amid mounting geopolitical tensions, Carsten Menke, commodities expert at Julius Baer, says any further rise in price could prompt China to defy U.S. sanctions on purchases of Iranian oil.
“Escalation is a dangerous game,” says Guy Miller, chief economist at Zurich Insurance. In his view, the financial markets are still seeing a positive outcome in the trade war between the U.S. and China.
With Swiss President Ueli Maurer meeting Donald Trump at The White House on Thursday, Rudolf Minsch, chief economist of economiesuisse, sees potential for a free trade agreement between the U.S. and Switzerland.
According to global equity fund manager Brice Prunas, Oddo BHF’s new fund uses artificial intelligence to pick stocks with the most to gain from the rise of machine learning. Could that explain why you may not recognize many of them?
The U.S.-China trade clashes sparked a sell-off in emerging market stocks last week. But Roger Merz of Vontobel Asset Management says the tensions will be an opportunity for emerging market investors focusing on China.
Investment in low-carbon energy needs to grow two-and-a-half times by 2030 in order to meet sustainability goals and targets set out by the Paris climate treaty, the International Energy Agency warned today. Michael Waldron, an energy investment analyst at IEA, says a “step change” in policy focus by governments is needed to realize this.
Bitcoin soared over the weekend, briefly climbing over $7,500—its highest level since September. Jan Brzezek, CEO and co-founder of Crypto Finance, says prices are likely to continue their upward trend as more financial institutions move into cryptocurrencies, with Swiss firms already leading the way.
U.S. currency traders have built a large position in Swiss franc futures, betting the money will remain relatively weak against the dollar and the euro. The franc’s reaction to the U.S.-China trade dispute shows the dangers of that strategy, says Thomas Stucki, chief investment officer at St. Galler Kantonalbank.
Europe is holding its breath as the U.S. and China slug it out, mindful that its own trade battle with the Trump administration is about to begin. The trans-Atlantic negotiations will probably be a ‘’fairer fight,” says economist Cornelia Meyer. Alastair McCaig, head of investment management at Fern Wealth, agrees that the European negotiations will be more of a ”two-way street.”
Cornelia Meyer, economist and energy expert, and Alastair McCaig, head of investment management at Fern Wealth, have some doubts about Uber. The U.S. ride-hailing company went public on Friday. It is worth close to $80 billion but has never made a profit. Uber will have to change its business model to monetize its popularity, McCaig says.
Thomas Rutz, fund manager emerging markets at MainFirst, explains why he needs to understand all the strategy details of the companies he invests in. One of the elements he pays attention to is what could happen if the country where those companies are based faces a currency crisis.
After the emerging markets come the frontier markets. These small but fast-growing economies like Georgia, Moldova, and Vietnam may be appealing for investors, but they can be risky, too. Thomas Rutz, fund manager emerging markets at MainFirst, discusses how he deals with this.