News

Alea Jacta Est… or almost

08/07/2025

1 min

On April 2, 2025, on Liberation Day, President Trump announced the implementation of tariffs on all his trading partners, with the aim of reindustrializing America, rebalancing the trade balance, and wiping out the budget deficit. Quite a program! But the shoc ...

Alea Jacta Est… or almost

08/07/2025

On April 2, 2025, on Liberation Day, President Trump announced the implementation of tariffs on all his trading partners, with the aim of re ....

Financial markets are looking good

02/07/2025

Far from the stressful episodes of recent weeks, investors are smiling again. Between the decline in geopolitical tensions, a lull on the tr ....

Markets under pressure but without reaction

25/06/2025

Perhaps still groggy from this weekend's extreme temperatures, financial markets began the week surprisingly calmly, completely ignoring the ....

Strikes on Iran, limited impact for the moment

17/06/2025

By striking Iranian infrastructure dedicated to the development of its nuclear program as well as military capabilities, Israel has launched ....

End of cycle for the ECB?

11/06/2025

Against all expectations, the ECB surprised the markets. As expected, it implemented a further rate cut—the eighth in a year—bringing the de ....

A deceptive diplomatic respite

28/05/2025

European markets began the week on a moderately positive note, buoyed by an unexpected softening of the US stance on the trade front. While ....

New Warning for Washington

20/05/2025

Timing-wise, we've seen better. While US assets have been facing distrust from international investors for several months, and Congress is c ....

"My China" back all the way

29/04/2025

The Wall Street Journal aptly summed up last week's turnaround: "Trump finds his master: the markets." Although he claims to pay little atte ....

From MAGA to VUCA, thank you Miran!

23/04/2025

"There can be a slowdown of the economy unless Mr. Too Late, a major loser, lowers interest rates now." While his trade war has generated a ....