Financial Service

Deutsche Bundesbank multi-ISIN auction result in Frankfurt; Total issue volume to €36.5 bn Press release: Auction result - multi-ISIN auction Federal bonds Deutsche Bundesbank, Communications Department Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. Reopening of two Federal bonds Auction result - The result of the multi-ISIN auction of 12 August 2026 was as follows: 1 % Bund 2022 (2038) 1.80 % Bund 2022 (2053) ...

Schroder Investment Management Limited - Dubai Branch Economic and Strategy Viewpoint Q3 2026; long-term yields may surge on credibility fears Economic and Strategy Viewpoint - Q3 2026 Economic and Strategy Viewpoint - Q3 2026 Despite fading macro fears, the biggest risk to markets may come from rising long-term yields as concerns over central bank credibility intensify. Having brushed off the Iran shock, we continue to believe that the global economy will deliver solid growth over the coming years and that inflation is the bigger concern. Accordingly, rather than recession, the biggest threat to risk assets is that question marks over central bank credibility cause long term yields to surge higher. ...

Bundesrat empfiehlt Ablehnung der Volksinitiative Für einen nachhaltigen und zukunftsgerichteten Finanzplatz Schweiz in Bern; Kein zusätzlicher Regulierungsbedarf Bundesrat lehnt Finanzplatz-Initiative ab Medienmitteilung Veröffentlicht am 12. August 2026 Bern, 12.08.2026 — Der Bundesrat wird dem Parlament die Volksinitiative «Für einen nachhaltigen und zukunftsgerichteten Finanzplatz Schweiz (Finanzplatz-Initiative)» ohne direkten Gegenentwurf und ohne indirekten Gegenvorschlag zur Ablehnung empfehlen. Das hat er an seiner Sitzung vom 12. August 2026 beschlossen. Der Bundesrat setzt sich bereits für eine nachhaltige Ausrichtung des Schweizer Finanzplatzes ein. Er hält jedoch die von der Initiative zusätzlich geforderten Verbote im internationalen Kontext für fraglich. ...

Bundesrat empfiehlt Ablehnung der Volksinitiative Finanzplatz-Initiative in Bern; kein zusätzlicher Regulierungsbedarf. Bundesrat lehnt Finanzplatz-Initiative ab Medienmitteilung Veröffentlicht am 12. August 2026 Bern, 12.08.2026 — Der Bundesrat wird dem Parlament die Volksinitiative «Für einen nachhaltigen und zukunftsgerichteten Finanzplatz Schweiz (Finanzplatz-Initiative)» ohne direkten Gegenentwurf und ohne indirekten Gegenvorschlag zur Ablehnung empfehlen. Das hat er an seiner Sitzung vom 12. August 2026 beschlossen. Der Bundesrat setzt sich bereits für eine nachhaltige Ausrichtung des Schweizer Finanzplatzes ein. Er hält jedoch die von der Initiative zusätzlich geforderten Verbote im internationalen Kontext für fraglich. ...

Fed Chair Kevin Warsh gains reprieve from July payrolls in US; Fed room to stay patient amid data risk Weekly bond market update: Payrolls throw Warsh a lifeline Weekly bond market update: Payrolls throw Warsh a lifeline A soft jobs report eased the pressure after July’s FOMC stumble, but inflation will still decide what comes next. The softer jobs report provided Fed Chair Kevin Warsh with a needed reprieve after the poor market reception to July’s FOMC communication, giving the Fed room to stay patient. ...

Healthcare sector offers structural growth opportunities in global equities; Regulatory clarity lifts valuations and accelerates M&A Beyond tech concentration: why healthcare offers structural growth opportunities Beyond tech concentration: why healthcare offers structural growth opportunities Unloved healthcare presents compelling opportunities in terms of low current valuations and powerful demographic tailwinds. Market concentration remains extreme, with just five US tech megacaps comprising almost 20% of the MSCI ACWI global index*. And within the S&P500, the tech weighting is now at a multi-decade high (see chart, below). ...

Schroders’ investment teams forecast Fed rate hikes in the United States; long-term yields to rise amid credibility concerns Economic and Strategy Viewpoint - Q3 2026 Economic and Strategy Viewpoint - Q3 2026 Despite fading macro fears, the biggest risk to markets may come from rising long-term yields as concerns over central bank credibility intensify. Having brushed off the Iran shock, we continue to believe that the global economy will deliver solid growth over the coming years and that inflation is the bigger concern. Accordingly, rather than recession, the biggest threat to risk assets is that question marks over central bank credibility cause long term yields to surge higher. ...

Schroders’ investment teams and Economics Group publish Q3 2026 global outlook; Long-term yields surge on central-bank credibility concerns Economic and Strategy Viewpoint - Q3 2026 Economic and Strategy Viewpoint - Q3 2026 Despite fading macro fears, the biggest risk to markets may come from rising long-term yields as concerns over central bank credibility intensify. Having brushed off the Iran shock, we continue to believe that the global economy will deliver solid growth over the coming years and that inflation is the bigger concern. Accordingly, rather than recession, the biggest threat to risk assets is that question marks over central bank credibility cause long term yields to surge higher. ...

Emerging market debt remains resilient amid uncertain markets; Latin America leads with +12.6% YTD Emerging market debt remains resilient as uncertainty tests markets Emerging market debt remains resilient as uncertainty tests markets Strong investor demand is helping performance overall, while divergence continues between commodity-exporting economies and those exposed to oil supply disruption. Despite the recent mild correction, emerging markets debt (EMD) continues to demonstrate resilience amid exceptionally uncertain global macroeconomic, monetary and geopolitical backdrops. This resilience is reflected in the sustained inflows into the asset class, as shown in the chart below. Improving demand from foreign investors has helped maintain the strong outperformance recorded over the past three years. This favourable performance trajectory has also remained firmly in place despite recent renewed upward pressure on developed market bond yields. ...

La Suva primes pour 2027 restent historiquement bas en Suisse; 20% réduction des primes pour toutes les entreprises Les primes Suva pour 2027 restent à un niveau historiquement bas - suissetec Les primes Suva pour 2027 restent à un niveau historiquement bas La Suva jouit d’une assise financière stable. Le bon résultat de l’exercice 2025, qui s’élève à 308 millions de francs, est dû à un résultat technique solide et à une évolution très favorable des placements. Les entreprises assurées en profitent aussi: en 2027, les primes resteront à un niveau historiquement bas dans la plupart des classes tarifaires ou enregistreront un léger recul. ...