Analysis: Must Read

Goldman Sachs sees ounce of gold at $3700 by the end of 2025 (+15%)

Goldman Sachs has raised its forecast for the year-end gold price from $3,300 to $3,700 per ounce. The US bank cites stronger-than-expected demand from central banks and recessionary risks as driving...

Ageas' British invasion: A $1.7bn bet on esure

Ageas is shaking up the UK insurance scene, splashing out a hefty £1.3 billion to bring esure into its fold. This game-changing move is set to turbocharge Ageas's presence and pivot the company...

BNP Paribas lowers return on capital for AXA IM transaction

BNP Paribas has lowered its return on investment forecast for the acquisition of the asset management arm of AXA, a deal of €5.1bn . The French bank now expects a return on invested capital of over...

Imagine how much simpler the stockmarket would be if investors had no emotions

Richard Feynman, physicist of genius and iconoclastic thinker, once uttered this formula as elegant as it was powerful: Imagine how much more difficult physics would be if electrons had feelings. In...

Are American institutions turning pro-crypto?

Donald Trump has signed a law that overturns an IRS rule and eases obligations for decentralized finance players, which were previously treated as traditional finance brokers. Political interest and...

US producer prices fall despite trade tensions

Producer prices fell unexpectedly in the US in March, weighed on by a sharp drop in energy costs. This easing could be shortlived, however, as import tariffs are likely to rekindle inflationary...

At $3200 per ounce, gold will crush competition in 2025

To round off a testing week on the stockmarkets, marked by wild swings and fears about the future of world trade as we know it today, we present a chart summarizing the performance of 11 major asset...

Trade deficit: why is Donald Trump focusing on goods?

For the past few days, tariffs have been rocking the world's stockmarkets. Behind these announcements lies Donald Trump's lifelong obsession with reducing the US trade deficit. However, the American...

Banks: A reassuring first quarter despite the tremors

The first-quarter results of major US banks JPMorgan, Morgan Stanley and Wells Fargo were eagerly awaited this Friday. In focus: their exposure to the sharp sell-offs at the end of last week and the...

This week's top stories: Make Eggs Great Again, TARIFFS and a lost Llama

This week, the world has a trade hangover. Between a trade war that seems like a soap opera and cyber-attacks worthy of scifi movies, the global economy is teetering between protectionism, artificial...

What's the best European ETF in 2025?

Despite the recent turmoil, some index funds are doing well in Europe. There's no need to go for bonds, as some equity market segments have posted solid performances since January 1.

FDA no longer wants animal testing in laboratories

Shares in suppliers of laboratory test animals plummeted yesterday after a major announcement by the Food and Drug Administration that it is set to drastically reduce the use of these methods in the...

Luxury sector: A slight lull before another storm?

Financial markets around the world soared after Donald Trump announced a 90-day pause and a substantial reduction in reciprocal 10% tariffs on countries that have not retaliated in any way against the...

London says yes to Shein, but Beijing keeps control of its IPO

Shein has finally obtained the go-ahead from London for its IPO, but is still awaiting Beijing's decision. At the same time, the elimination of the de minimis tariff loophole and the tariffs announced...

AI will remain expensive, even after DeepSeek

At the time of the DeepSeek earthquake, investors wanted to question the exorbitant costs around AI and their viability. A few months later, giants like Nvidia, Alphabet and Amazon all have an answer.

Bond Vigilantes Hit Their Mark in Treasury Showdown

The past week in the U.S. Treasury market was a reminder of the power and influence of bond markets, as well as the potential consequences of unpredictable policy decisions.

Is the Dollar's Reign on the Line?

The U.S. dollar took a nosedive on Friday, hitting a decade-low against the Swiss franc. Investors, spooked by growing concerns over the U.S. economy, sought refuge in safer assets like the Swiss...

EU puts pressure on Washington with tech tax threat

Donald Trump has announced a 90-day truce on tariffs. The European Union remains lucid, saying that without a deal, a big tech tax could emerge.

White House close to trade agreements with several countries

While the US President has announced a pause on tariffs, negotiations continue between the US and international leaders.