Volatility returns to equity markets
Market volatility has increased in recent weeks but is unlikely to affect our view of the financial markets and economic environment. In fact, the current climate forces us to maintain a cautious positioning in managed portfolios, resulting in an underweight position on equities.
Global economic growth slows down
Although the growth dynamic is more robust in the United States than in other regions, activity is weak in the critical automobile and real estate sectors. In Germany, GDP fell quarter-on-quarter between July and September.
Friendship Belgium launched
Banque de Luxembourg has supported the Friendship organisation for many years. Founded in Bangladesh in 2002, the NGO works in six sectors: healthcare, education, climate change adaptation, sustainable economic development, cultural preservation and promotion of basic human rights.
Profit-taking on the dollar?
Problems in Italy, monetary policy divergences and the October correction have all helped to boost the dollar in recent months. These issues now seem to have been fully factored in by investors who may well start to reduce their exposure.
French social security charges to end in 2019?
In 2019, social security charges on income and capital gains realised on property in France by non-residents for tax purposes are due to be eliminated. We provide a summary of this controversial law below and information on how to file a claim with the French tax administration before the end of the year.
Our perspectives for the fourth quarter 2018
Every quarter, our specialists interpret trends in the global economy and financial markets. Read their views on the fourth quarter of 2018.
“We create value through relationships”
At Banque de Luxembourg, our clients’ needs are the driving force behind our business and our service offering. Danielle Goedert, Head of Private Banking for the Luxembourg market, shares her views in a special Paperjam.lu dossier dedicated to private banking.