News Subscribe newsletter All Quarterly Reports Monthly Reports Markets Between Uncertainty and Opportunity Quarterly Outlook Q1 2025 The year ended with volatile bonds and strong stock markets – early trends for 2025 point to continued momentum. New Records or Upcoming Recession Quarterly Outlook Q4 2024 Interest rate cuts are leading to new all-time highs and increased market volatility. Are these records sustainable in the long term, or is an impending recession ... Quarterly Outlook Q3 2024 Quarterly Outlook Q3 2024 Economic slowdown and falling inflation rates Review and Outlook Quarterly Outlook Q2 2024 The first quarter of 2024 brought a variety of developments to the financial markets, from rising bond yields to new records on the stock markets. Review and Outlook Quarterly Outlook Q1 2024 A turbulent financial quarter: Government bonds surprise with interest rate declines, stock markets experience a strong rally, while currencies are in motion. Review and Outlook Quarterly Outlook Q4 2023 A Resilient Surprise: The Global Economy in 2023 Review and Outlook Quarterly Outlook Q3 2023 Deglobalization, AI, and Inflation: A Transforming Market Landscape. Challenges for Central Banks and Monetary Policy. Review and Outlook Quarterly Outlook Q2 2023 Central banks' dilemma and financial markets' confusion Review and Outlook Quarterly Outlook Q2 2022 Stubborn inflation and slowdown in global economic growth. Review and Outlook Quarterly Outlook Q1 2023 Inflation, economic growth and central banks’ interest rate policies will remain the main drivers for price fluctuations in financial markets in 2023.