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June 2024 Monthly
There are two forces that shape the investment climate, politics, and economics, and they are both at the fore in the coming weeks. Among the highlights will be the European Central Bank meeting that will mostly likely begin its easing cycle. The Bank of Canada is a close call. If it does not cut rates in June, it will probably do so in July. The Swiss National Bank may deliver its second hike in the cycle, while the Bank of England will likely continue to prepare the ground for a cut in the second half. Four months ago, the market was still pricing in two rate cuts by the Federal Reserve by the end of the first ... (full story)