Capital Markets Game Plan: Bringing RBI Research's Market Outlook to Life

Recent months have demonstrated how quickly events can influence investor sentiment. Geopolitical developments, particularly in the Middle East, have remained a focal point for global markets, influencing commodity prices and shaping broader market expectations. As Jörg Bayer notes: "While Trump achieved little in Iran, he has significantly reshaped the future of the oil market by contributing to the fragmentation of OPEC." 

At the same time, central banks continue to play a crucial role in determining market direction. Investors are closely monitoring inflation trends, interest rate expectations and economic data, all of which have direct implications for asset classes across the board. 

The latest Capital Markets Game Plan explores these dynamics in detail, helping investors understand not only what is happening, but also how market developments interact and what they could mean going forward. 

One of the themes explored in the publication and discussed in the video is the continued strength of equity markets. 

Despite a backdrop of geopolitical tensions and economic uncertainty, major indices remain near record highs. Corporate earnings, company guidance and market valuations continue to be closely watched by investors looking to assess whether current market momentum can be sustained. "In terms of valuation, the market is pricing in near perfection – there is not much room left for error," says Manuel Schleifer. 

The Capital Markets Game Plan provides a deeper assessment of these trends and highlights the factors driving market performance across different regions and sectors. 

Fixed income markets have once again become a significant topic for investors. 

Higher yields have increased the attractiveness of various bond segments, while changing monetary policy expectations continue to influence market pricing. Understanding the relationship between government bond markets, corporate credit and monetary policy remains an important part of navigating today's investment environment. 

The publication examines these developments from multiple perspectives and provides Raiffeisen Research's current outlook on fixed income markets and interest rate developments. 

By bringing these topics together, Game Plan publication offers investors a structured framework for understanding current market conditions and evaluating potential future scenarios. 

Watch the video to hear Raiffeisen Research experts discuss selected highlights from the latest edition of the Capital Markets Game Plan. 

Download the latest Capital Markets Game Plan to access the complete market analysis, forecasts and investment outlook here: Raiffeisen Research Portal - Capital Markets Game Plan Q3 26: Solution at any cost! (available only for registered users) 

• Nothing in this presentation purports to be investment advice – no statement herein is therefore meant to constitute a recommendation to purchase, sell or hold a financial instrument or class of financial instruments. This is no substitute for professional investment or fiscal advice 
• Figures on performance refer to the past. Past performance is not a reliable indicator for future results and the development of a financial instrument, a financial index or a securities service. This is particularly true in cases when the financial instrument, financial index or securities service has been offered for less than 12 months. In particular, this very short comparison period is not a reliable indicator for future results. 
• Performance of a financial instrument, a financial index or a securities service is reduced by commissions, fees and other charges, which depend on the individual circumstances of the investor. 
• The return on an investment in a financial instrument, a financial or securities service can rise or fall due to exchange rate fluctuations. 
• Forecasts of future performance are based purely on estimates and assumptions. Actual future performance may deviate from the forecast. Consequently, forecasts are not a reliable indicator for future results and the development of a financial instrument, a financial index or a securities service.