It’s like calling back Fergie to manage Scotland. Ok it’s not, but I figured we need some analogy that references Scotland + football after last night’s heroics from Steve Clarke’s men. UBS shares rallied 2% to above 18CHF in early trade as the bank named ex-boss Sergio Ermotti as new CEO, taking over from Ralph Hamers on April 5th.

A FIFA World Cup winner can expect to outperform the stock market by around 3.5%. Historic economic data suggests that the positive sentiments on World Cup winners firmly extends to investors. 

Gold prices rose on Friday and were poised for a fifth week of gains, as investors flocked to the safe-haven asset as escalating tensions between Israel and Iran fuelled fears of a wider conflict in the Middle East.

The euro and Euro-area sovereign bonds dropped but were not exactly going into freefall after the German constitutional court gave a mixed ruling on the ECB’s bond buying programme. Judges said the asset purchase programme partially violated the German constitution, but on a key point it did not say the ECB’s actions constituted monetary financing. […]

After a strong weekend, Bitcoin travels upwards. Could it really be ready to punch above the $50k level once more? Cryptocurrency update Bitcoin makes gains Sometimes tracking Bitcoin undulations can be exhausting. The token gained over 8% on Friday and continued on its upward path to scrape slightly above $48,000 over the weekend. Analysts are […]