Investing insights

Our latest CIO Special highlights the significance of China’s swift decision to end its zero-Covid policy and implement economic stimulus measures for countries around the globe that are major exporters of commodities.

We look at the sub asset class of USD denominated Emerging Markets corporate bonds which stand out as one of the key beneficiaries of positive newsflow out of China as economic activity looks set to resume in the Asian economy.

Mangroves are highly important for biodiversity and play a crucial role as nature-based solutions to mitigate the effects of climate change, even though they make up less than 1% of all tropical forests worldwide.

Our new CIO Special discusses developments in Eurozone inflation, the ECB’s monetary policy intentions and the outlook for sovereign bonds.

Aggregate corporate earnings in the S&P 500 may have shrunk by 2.2% in Q4 2022 due to declining margins.

Sustainability and security considerations, enhanced policy support and technological development are making European infrastructure an investment focus.

The Spanish economy is expected to close 2022 with growth of close to 4.6%. However, this figure hides a gradual slowdown in economic activity since summer.

Some measures of inflation may be at, or near, their peak but this is by no means the end of the story. In our new special report, we draw some broad conclusions.

The real estate sector faces a difficult global economic environment as central banks continue to tighten monetary policy. We consider the varying circumstances and outlooks for different sectors and regions.

Recent UK political uncertainty and a misjudged budget bill in September has put the focus on the country’s economic outlook. The Autumn Statement, to be delivered on November 17, will be the key calendar item to watch as tax rises and spendings cuts are expected in order to balance the books.

Claire Coustar of Deutsche Bank’s Investment Bank joins Markus Müller, Chief Investment Officer ESG & Global Head Chief Investment Office at Deutsche Bank's Private Bank, to discuss the recent evolution of the sovereign carbon credits market and how it will help us value and protect natural assets.

Cities both exacerbate climate change and suffer from its consequences – e.g. through flooding, or excess heat, or changing patterns of disease. Getting them to work better must be a key environmental and social priority.

The Bank of England (BoE) raised its key rate by 50 basis points to 4.0% yesterday – as widely expected – at its scheduled February meeting.

As expected, the European Central Bank (ECB) maintained its monetary policy stance and the pace of interest rate hikes. As in December 2022, it is raising key interest rates by 50 basis points.

In today’s budget, the government kept its focus on job creation and growth-oriented capital expenditure, while staying on the path of fiscal consolidation.

The FOMC announced a further increase to the Fed Funds Rate by 25-basis points. The decision is a further downshift from the previous FOMC meeting where rates were raised by 50-basis points.

China’s January PMIs showed a strong rebound due to a faster-than-expected re-opening.

The Bank of Japan has left monetary policy unchanged, surprising many market participants once again.

The surge in infection cases in December affected China’s macro data that month with weak PMIs and low inflation. However, there are signs that economic activity is starting to pick up since the start of 2023, post re-opening.

Today saw the latest release for CPI from the Bureau of Labor Statistics showing a YoY decline in consumer prices from 7.1% to 6.5% for December.

Recent CEWC sets the stage for Chinese economic recovery in 2023 – mainly by boosting domestic demand.

The Bank of Japan (BoJ) has managed to shift up the yield curve with more flexibility on its movement range around zero.

The FOMC announced a further increase to the Fed Funds Rate by 50-basis points. The decision is a downshift from the previous four FOMC meetings where rates were raised by 75-basis points each time.

The European Central Bank (ECB) reduced the pace of its interest rate hikes at its meeting today. After two 75 basis point steps, it is now raising key rates by only 50 basis points.