Outlook
& news.

Central banks have refocused markets on the pace of future rate cuts. Traders now only expect three cuts by the end of 2024 rather than the six they were hoping for in January. Some are even querying this new scenario: as a result, the dollar rose and real 10-year yields moved back to 2%.

Our infrastructure debt platform has been playing a key role in the energy transition for many years through the investments it makes.

Edmond de Rothschild Corporate Finance supported Laurent Lémond (CEO) and the minority fund GEI in the majority stake acquisition by Stellantis.

A year that confirms the momentum of Edmond de Rothschild Corporate Finance ("EdRCF") and its leading position in its segments: 62 transactions completed in a declining market.

Edmond de Rothschild Corporate Finance advises the Labatut Group, owned by the Labatut family, on the sale of Veolog to Le Roy Logistique, supported by the funds NCI and Epopée Gestion.

Following comments from the Fed’s Christopher Waller that there was no rush to cut rates, investors are still unsure if the US rate-cutting cycle will start in June. It is certainly true that recent economic data, notably economic surprise indicators in various geographical zones, could encourage central banks to wait a little longer.

Did you know about Edmond de Rothschild Heritage’s “farm of the future”?

Edmond de Rothschild Heritage brings the lifestyle activities of the Group together with the aim of preserving and expanding the family’s long-standing heritage.

Central banks in Switzerland and Japan made diametrically opposing decisions over interest rates but both with the intention of influencing their currencies. The Swiss franc has risen by more than 15% since the end of 2019 and exports have failed to return to pre-Covid levels.

Until recently the “Great Resignation” theme shaped any analysis of today’s labour markets. But as the scars of the Covid-19 epidemic fade, we need to take a new approach. The jobs market is, in fact, struggling with chronic imbalances. 

Edmond de Rothschild reported a high level of net inflows, driven by its two business lines, private banking and asset management, across all its geographies.

Increasing signs of an economic slowdown are appearing in the US. Retail sales unexpectedly fell, especially the more precise “control group” data, and the NFIB confidence index for small companies also dropped.