Positive stock markets await earnings and US data
Market Week
Video recorded on October 20th, 2025
20 October 2025
In the US, the ongoing shutdown and the subsequent suspension of the publication of key macroeconomic data has led investors to focus on different areas.
The revelation of fraud in the US car finance sector generated marginal volatility, which was immediately contained since it was not considered capable of affecting the entire consumer financial system, and also thanks to reassurances from the Fed, which confirmed a process of gradual monetary easing.
The Fed's accommodating stance and falling oil prices are supporting the global economy as we await a clearer picture.
Positive stock markets await earnings and US data
Eurizon Weekly, 20.10.2025. In the US, the ongoing shutdown and the subsequent suspension of the publication of key macroeconomic data has led investors to focus on different areas. The revelation of fraud in the US car finance sector generated marginal volatility, which was immediately contained since it was not considered capable of affecting the entire consumer financial system, and also thanks to reassurances from the Fed, which confirmed a process of gradual monetary easing.
The Fed's accommodating stance and falling oil prices are supporting the global economy as we await a clearer picture. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 20.10.2025
04:41
04:41
Tariffs back in the spotlight
Eurizon Weekly, 13.10.2025. During the week, markets remained relatively stable amid the US government shutdown, anticipation of the earnings season and the truce in the Middle East. However, this stability was disrupted on Friday, when the Trump administration renewed its threat to increase tariffs on China. However, statements from the US government over the weekend have sought to soften the tone, following a familiar pattern. In Europe, the issue of the formation of an executive to approve the budget law in France remains key. In-depth analysis with . Audio recorded on 13.10.2025.
04:42
04:42
US shutdown does not stop the markets
Eurizon Weekly, 06.10.2025. Stock markets posted a positive weekly performance despite the start of the shutdown in the USA: at the moment, the market does not seem particularly concerned, instead expecting an agreement to be reached within a reasonable time frame. Investor focus remains on the US labour market, which will determine In-depth analysis with . Audio recorded on 06.10.2025
04:41
04:41
The Fed resumes its rate cuts. US stocks still on the rise
Eurizon Weekly, 22.09.2025. The week was dominated by the Fed: the US central bank confirmed that, given the modest impact of the trade war on inflation and the slowdown in the labour market, it now considers it appropriate to resume the normalisation of short-term rates. The market expects rate cuts to continue, with a target of 3% during 2026 (Fed rates currently stand at 4.25%). Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 22.09.2025.
05:24
05:24
Markets positive waiting on the Fed
Eurizon Weekly, 15.09.2025. A positive week overall for equity markets, with US inflation data not altering investor expectations that the Federal Reserve would begin a monetary easing cycle. The upcoming Fed meeting remains the focus for investors, particularly the timing of interest rate cuts and forecasts for the US economy. In-depth analysis with Stefano Cucchi from Eurizon’s Macro Research & Product Specialist team. Audio recorded on 15.09.2025.
04:41
04:41
Markets cautious on US jobs, awaiting the Fed
Eurizon Weekly, 8 September 2025. US labour market data has again shown signs of a slowdown, leading investors to strengthen expectations that the Fed might resume cuts in September and then continue with cuts at a faster pace than previously estimated. Yields on government bonds, particularly US, are falling, with stock markets remaining at the previous week's levels.
We’ll take a deep dive with Stefano Cucchi from Eurizon's Product Specialist & Macro Research team. Audio recorded on 08 September 2025.
04:48
04:48
Modest profit-taking after a positive August
Eurizon Weekly, 02.09.2025. Global stock markets down slightly in a week that saw a renewed focus on political issues. Profit-taking, however, follows three extremely positive weeks in August, with stock markets reaching new highs due to expectations of a Fed rate cut in September. The stock markets also benefited from trade agreements signed by the USA with Japan and the EU, while macro data offered reassuring signs. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 02 September 2025.
04:45
04:45
Profit-taking on the markets with tariffs and US labour figures
Eurizon Weekly, 04.08.2025. A week characterised by the announcement of new tariffs by the US administration against countries with which an agreement has not yet been reached, surprising markets that had expected a more constructive continuation of the negotiation phase. Positive US quarterly figures and US GDP data supported markets during the first part of the week. The weakening labour market, however, led to a drop in US government bond yields and consequently in the dollar, which interrupted the phase of rapid consolidation that had begun at the start of the week. Investors now expect the Fed to cut rates as early as September. We’ll take a deep dive with .
Audio recorded on 04 August 2025.
04:22
04:22
US macro data positive, markets still cautious
Eurizon Weekly, 21.07.2025. US trade tariffs are still at the centre of market dynamics: the as-yet unknown outcome of the negotiation phase is making investors cautious, although the background macro data and the quarterly earnings season are highlighting the impressive resilience of the American economy. The focus is now on the next decisions of the Fed, which will need to define future monetary policy. This week also sees the ECB meeting, which is expected to be an interim session, pending assessment of the advisability of further rate cuts. We’ll take a deep dive with . Audio recorded on 21 July 2025.
04:41
04:41
Prudent stock exchanges: tariffs still causing uncertainty
Eurizon Weekly, 14.07.2025. The attitude of the Trump administration, thanks to the good performance of the US economy and global financial markets, has returned to being more aggressive, but the reaction of the markets, even in the openings of the new week, has been essentially calm. The general idea is that, once again, the American shock tactics are aimed at accelerating an agreement rather than reigniting the trade conflict. This new phase of temporary uncertainty, however, has led investors to adopt a more cautious attitude. Tariffs, together with the corporate earnings season, have returned to the centre of market dynamics, pending formal agreements to be defined between countries. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 14 July 2025.
04:45
04:45
Markets prudent due to tariffs and macro data
Eurizon Weekly, 07.07.2025. This week saw US price lists continue to gain ground, while the rest of the global price lists remained slightly below previous levels: on the one hand, the strength of the US macro environment is supporting the US indices, while on the other, the prospect of the expiry of the extension for US reciprocal tariffs on 9 July, is inciting greater caution among investors. We’ll take a deep dive with . Audio recorded on 07 July 2025.
04:39
04:39
Markets cautious in the face of tensions in the Middle East
Eurizon Weekly, 23.06.2025. Global financial markets remain at last week’s levels and investors are hanging fire, waiting to assess the developments in the crisis between Israel and Iran which, over the weekend, saw the involvement of the US. The price of oil is rising, while the Fed has confirmed a pause in rate changes, in line with expectations. The mix between growth and inflation, put to the test by trade policies and geopolitical risks, remains the main focus for investors. We’ll take a deep dive with . Audio recorded on 23 June 2025.
04:56
04:56
Geopolitical tensions hold back markets
Eurizon Weekly, 16.06.2025. The resurgence of tensions in the Middle East has slowed global equity markets, whose recovery had been experiencing a phase of consolidation, after partially overcoming the trade tariffs and the issue related to US tax reform. The Federal Reserve will have to take the geopolitical framework into account during its meeting on Wednesday 18 June, where the focus will be on inflation and labour market data. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 16 June 2025.
04:47
04:47
Positive exchanges with US jobs and talks on tariffs
Eurizon Weekly, 09.06.2025. The balance is still positive for global stock exchanges, thanks to the continuing talks on trade tariffs and American macro-data that are, at least for the moment, easing fears of marked slowdown. These factors, together with the still robust labour market data, have also translated into a marginal increase in US government interest rate yields. European rates, on the other hand, are only slightly above previous levels. The ECB has again cut rates by 25 bps. Audio recorded on 9 June 2025.
05:02
05:02
Markets influenced by tariffs and US tax package
Eurizon Weekly, 26.05.2025. The stock market was once again affected by the White House announcements on the subject of tariffs, but Trump's statements last week only partially rekindled the volatility, which was already decreasing at the start of this week. The effects that the evolution of tariffs and the US fiscal expansion plan will have on the monetary policy expectations of the Fed and other central banks remain one of the key issues for the market. We’ll take a deep dive with Stefano Cucchi from Eurizon’s Product Specialist & Macro Research team. Audio recorded on 26 May 2025.
05:00
05:00
Markets still positive, with interviews and macro data
Eurizon Weekly, 19 May 2025. The week opened with markets, particularly equity markets, quickly pricing in the positive developments in the China/US tariff talks and seeming ready to turn the page on this highly volatile phase to move on to the next item on Trump's electoral agenda – tax reform. Slight rise for US and European rates as they grapple with the new potential scenario of expansionary fiscal policy in the two geographical areas. The dollar continues to recover. The assessment of the actual impacts of tariff volatility on the real economy and expansionary fiscal policies remain key areas of attention for investors. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 19 May 2025.
04:49
04:49
Markets positive after the suspension of US-CHINA tariffs
Eurizon Weekly, 12.05.2025. The 90-day suspension of tariffs between the US and China and the constructive tone of negotiations, announced earlier this week, were well received by markets with very positive openings. Investors are now waiting for details of the deals and the next steps to end the trade war. There’s also a focus on assessing the macro impact of the tensions of the last two months in a context of uncertainty that has seen a significant deterioration in confidence indices, especially among consumers. We’ll take a deep dive with Stefano Cucchi from Eurizon's Product Specialist & Macro Research team. Audio recorded on 12 May 2025.
04:54
04:54
Stock markets positive on trade tariff talks
Eurizon Weekly, 28 Apr. 2025. The global stock markets, and the US in particular, experienced a positive week thanks to the ongoing openness to talks on trade tariffs shown by the Trump administration. Stefano Cucchi of the Eurizon Product Specialist & Macro Research team takes a closer look. Audio recorded on 28 Apr. 2025.
04:55
04:55
Markets waiting for potential negotiations on tariffs
Eurizon Weekly, 22 Apr. 2025. Last week volatility eased somewhat on news of potential negotiations on US trade tariffs, although no formal agreements have yet been reached, the White House’s change in approach has been welcomed by investors. However, the key factor for the future global macroeconomic picture is still the evolution of trade relations with China, the only country that has acted in strong retaliation of US tariffs. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team takes a closer look. Audio recorded on 22 Apr. 2025.
05:05
05:05
Volatility still rules on the markets
Eurizon Weekly, 14 Apr. 2025. The financial markets experienced another volatile week, as uncertainty lingers over the evolution of trade tariffs. The market was conditioned by announcements, denials, and official statements: in addition to the possibility of negotiations with trade partners and the confrontation with China, that may have peaked, the markets also priced in the new fiscal package approved by the US Congress. Andrea Conti, Head of Macro Markets Analysis at Eurizon takes a closer look. Audio recorded on 14 Apr. 2025.
05:26
05:26
Macro Markets Special: impact of US trade tariffs on the markets
Eurizon Weekly,7 Apr. 2025. Considerations on economic growth, inflation, and the outlook for the markets in light of the new trade tariffs announced by the US. Andrea Conti, Head of Macro Markets Analysis at Eurizon, takes a closer look. Audio recorded on 7 Apr. 2025.
06:42
06:42
Markets cautious, waiting on US tariffs
Eurizon Weekly, 24 Mar. 2025. Last week’s main events were the Fed’s policy meeting (that left rates unchanged), still solid macro data in the US and, in Europe, the approval in Germany of the constitutional changes required to approve the massive financial defence and infrastructural spending plan. However, the markets remained cautious overall, as focus is presently on the actual size of the tariffs announced by the US administration. Andrea Conti, Head of Macro Markets Analysis at Eurizon, takes a closer look. Audio recorded on 24 Mar. 2025.
04:42
04:42
Stock markets still conditioned by uncertainty over US tariffs
Eurizon Weekly 17 mar. 2025. Last week the stock markets continued to prove rather volatile, due to uncertainty generated by the erratic approach of the US to its new trade policies. Business and consumer confidence, that has driven the US economic cycle over the past few years, remains the greatest source of concern for investors. The FOMC meeting this week is expected to shed light on the future course of monetary policy. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 17 Mar. 2025
04:43
04:43
Stock markets held back by US tariffs and EU fiscal spending
Eurizon Weekly 10 Mar. 2025. Volatile week on the financial markets, as in the US the Trump administration acted confusedly on trade tariffs and macro data stopped strengthening, while in Europe the announced fiscal expansion in Germany came swiftly and unexpectedly, together with new defence spending in the EU, prompting the markets to price in a very different scenario from the previous. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 10 Mar. 2025
04:37
04:37
Stock markets slow on US data and German elections
Eurizon Weekly 24 Feb. 2025. Rather cautious week on the markets, with macro data in the US outlining a slowdown of services, and Europe focused on the elections in Germany, the results of which were not excessively fragmented, but will have to translate into a new government coalition. Government bond yields down marginally, and volatility on the stock markets, in the US in particular. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 24 Feb. 2025
04:39
04:39
Stock markets positive on macro data and geopolitics
Eurizon Weekly 17 Feb. 2025. The mix of still solid macro data, positive corporate earnings, and an improving geopolitical picture on the prospect of talks beginning to end the war between Russia and Ukraine, supported the markets: in the week, government bond yields were stable and stock indices rose back, with Europe still emerging as the top-performing market since the beginning of the year. Therefore, the macro picture seems to be supportive of ongoing growth, and data confirm that the US cycle is normalising, avoiding an excessive overheating for the time being. As regards monetary policy, the strengthening of inflation implies the Fed staying on hold, also in waiting for greater clarity on the Trump administration’s future policies. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team takes a closer look. Audio recorded on 17 Feb. 2025
04:52
04:52
Markets cautious after US labour data
Eurizon Weekly 10 Feb. 2025. With the trade tariffs theme set to remain crucial for investors, caution prevailed among investors last week in the wake of US labour market data and quarterly earnings reports, that are confirmed solid albeit essentially in line with analyst expectations. This week’s inflation reading will provide clearer indications on the price dynamic in the United States, and therefore on the macro picture the Fed will consider in making its next decisions on rates. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 10 Feb. 2025
04:41
04:41
Markets positive, now facing the test of US trade tariffs
Eurizon Weekly, 3 Feb. 2025. Last week was a positive one overall: solid US macro data and the ability of technology sector companies to reassure investors with strong quarterly results, that helped reduce the volatility triggered by potential new developments on the low-cost AI front in China. The Fed and the ECB also lived up to expectations. However, focus is now on the new trade tariffs announced over the weekend by the Trump administration, and most importantly, on immigration control. On the macro front, with the US economy in good health, focus is back on the mix of labour market and inflation data, although the main source of volatility will be the United States’ trade policy. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 3 Feb. 2025.
04:56
04:56
Stock markets supported by Trump and US data
Eurizon Weekly, 27 Jan. 2025. Positive week for the global stock markets, that benefited from the less aggressive tones used by President Trump on trade tariffs, and from US macro data, that confirmed the solidity of the US economy. Caution ruled on the government bond market, with US and European rates at levels in line with the previous week’s. The dollar weakened. In waiting for the Fed’s decisions, focus remains on corporate earnings, in the technology sector in particular, grappling with the volatility triggered by Chinese competitors. Andrea Conti, Head of Market Macro Analysis at Eurizon takes a closer look. Audio recorded on 27 Jan- 2025.
04:53
04:53
Markets positive in the wake of US inflation
Eurizon Weekly 20 Jan. 2025. US inflation data, and core inflation in particular, restored confidence on the markets, that over the previous weeks had been pricing in concerns of an overheating of the US economy. In fact, in the course of the week, government bond yields dropped back down. The drop of yields, combined with the opening of the 4Q 2024 earnings season (with financial sector names reporting very solid results) boosted the stock markets. The future level of rates in light of the growth-inflation mix is still the markets’ main focus, as Trump takes office and officially begins his mandate as President. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 20 Jan. 2025.
04:53
04:53
Yields up and stock markets down on US labour data
US labour market data, that confirmed the good state of health and resilience of the US economy were at the heart of market dynamics last week. This triggered profit-taking on the US stock markets and pushed up US government bond yields, that priced in the increased likeliness of the Fed slowing its interest rate cut cycle. The future path of US rates, in light of the growth-inflation mix, remains the markets’ main concern: anticipation is high ahead of the inflation reading this week. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 13 Jan. 2025.
04:53
04:53
Positive start to the year for the stock markets
Eurizon Weekly, 7 Jan. 2025. In the opening week of 2025, the main themes at play in the final stages of last year were confirmed.
Investor focus is back on the central banks, as inflation slowed its downtrend and could be affected by the trade tariffs announced by Trump. In this context, government bond yields rose, albeit without compromising the bullish tone of the stock markets, supported by the macroeconomic picture and by expectations for the new Trump administration’s fiscal policy not to prove particularly aggressive. Audio recorded on 7 Jan. 2025.
05:15
05:15
Stock markets cautious ahead of the FOMC
Eurizon Weekly 16 Dec. 2024. The macro picture that is taking shape is outlining a certain divergence between the European Union and the United States. Investor focus is now on the next FOMC meeting, expected to provide indications on the next US monetary policy management moves. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team.
Audio recorded on 16 Dec. 2024.
05:06
05:06
Markets upbeat in waiting on the central banks
Eurizon Weekly 9 Dec. 2024. Last week focus was back on macro dataIn the US yields dropped, with labour market data staying positive. In Europe, political uncertainty in France kept German rates stable at the previous week’s levels. However, the fall of the government and anticipation ahead of the appointment of a new prime minister have not generated excessive volatility. The stock markets also performed well in the week, with the S&P 500 index consolidating new all-time highs. Focus is now shift on central bank decisions over the next few weeks. The mix of growth and inflation expectations will be decisive in defining the timeline the two major central banks will follow in lowering rates. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 9 Dec. 2024
04:52
04:52
Stock markets up on confidence data
Eurizon Weekly 25 Nov. 2024. Last week US government bond yields were stable, pricing in a still positive macro picture, supported by services. In Europe yields priced in a weaker macro picture, tied to business confidence data. On the stock markets, the strength of the US economy on the one hand, and the weakening of the European on the other, had a positive impact. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 25 Nov. 2024.
05:08
05:08
US yields on the rise, with Trump and macro data
Eurizon Weekly 18 Nov. 2024. In the US, the mix of solid macro data and the first rumours on the new Republican administration’s appointments translated into higher US yields and into a further appreciation of the dollar. The global stock markets incurred profit-taking in the week across the board. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 18 Nov. 2024.
04:53
04:53
The US stock market celebrates with Trump
Eurizon Weekly 11 Nov. 2024. The key event of the week were the US elections. Trump’s victory met the expectations of most investors, although such a clear win was not entirely priced in. This translated into very strong gains on the US stock markets. Uncertainty over the actual evolution of the macro picture left European and US interest rate markets close to their previous levels. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 11 Nov. 2024.
05:26
05:26
Waiting on the vote in the US: rates up and stock markets cautious
Eurizon Weekly 28 Oct. 2024. Last week, the mix of macro data and of anticipation ahead of the presidential election in the US translated into an increase of government bond yields and some profit taking on the stock markets. The resilience of the US economy, combined with the outcome of the election and the geopolitical picture, are still in the market spotlight. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 28 Oct. 2024.
05:29
05:29
European rates down following the ECB
Eurizon Weekly, 21 Oct. 2024. The markets brought another cautious week to an end, gradually pricing in two distinct macro scenarios for the US and the Eurozone. In the US, in fact, macroeconomic data confirmed once again that the consumption trend is in good health, as also the economy as a whole. In Europe, on the other hand, the ECB implemented a 25bps rate cut, as expected, acknowledging that there may be the risk of a faster-than-expected macro slowdown. This translated into little-changed US yields as opposed to European rates on the decline, in waiting for macro data to provide clearer indications for the central banks to gauge the appropriate pace of rate reduction. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 21 Oct. 2024.
05:01
05:01
Markets cautions between US data and the ECB
Eurizon Weekly 14 Oct. 2024. Caution rued on the financial markets last week. In the US, labour market data and inflation once again confirmed the resilience of the US economy, and investors are now waiting for confirmative evidence on the macro front and from the central banks, starting with the ECB meeting on Thursday. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 14 Oct. 2024.
05:34
05:34
Markets volatile on geopolitics and macro data
Eurizon Weekly 7 Oct. 2024. Volatile week overall, due to the mix of macro data, on the recovery in the US, but weaker in Europe, and mounting geopolitical tensions in the middle East. In macroeconomic terms, the market is now pricing in slightly different rate-cut timelines in the US and Europe. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 07 Oct. 2024.
05:12
05:12
Stock markets up after the Fed. Focus now on macro data
Eurizon Weekly 23 Sep. 2024. Government bond rates were stable and the stock markets scored gains following the opening of the Fed’s rate reduction cycle (expected and priced in by the markets), with an initial 50 basis points cut. This marks a recalibration of monetary policy, that does not anticipate a sequence of equally sharp cuts, but takes stock of the decline of inflation. The next set of macro data on the labour market, growth, and inflation, will be decisive in determining the actual pace of rate cuts. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 23 Sep. 2024.
05:12
05:12
Stock markets recovering on the ECB, waiting on the Fed
Eurizon Weekly 16 Sep. 2024. Last week the ECB’s policy meeting confirmed market expectations, cutting rates by 25 basis points. In the US, headline inflation was in line with expectations, whereas the core component grew slightly more than expected in monthly terms. The interest rate market was stable overall, while stocks recovered well, after the previous week’s round of profit-taking. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 16 Sep. 2024
05:08
05:08
Stock markets weak on US labour market and ahead of the ECB and Fed decisions
Eurizon Weekly 9 Sep. 2024. US labour market data came in weaker than expected, but showed that the normalisation phase continues. The data were consistent with soft landing scenario, but start to justify a monetary policy easing. The interest rate market reacted by staying on a downtrend. Profit-taking on the stock markets. Focus is now on the ECB and the Fed. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team reports. Audio recorded on 9 Sep. 2024.
05:26
05:26
Markets positive on US inflation and quarterly earnings
Eurizon Weekly, 2 Sep. 2024. The markets recovered well after volatility had surged in the opening days of August, triggered by the mix of weaker than expected US labour market data, softer than expected quarterly corporate results, and the swift unwinding of financing positions in yens as a result of the Japanese central bank’s rate hike. Fed open to an initial rate cut in September. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 2 Sep. 2024.
06:33
06:33
Stock markets weak, caught between earnings and the US election
Eurizon Weekly 22 July 2024. The ECB’s policy meeting lived up to investor expectations and market focus is mostly on the earnings reporting season, and in particular on the potential impact of the new political scenario in the US may reap on corporate results as well as on the global growth outlook. The interest rate market reacted in orderly fashion. On the other hand, uncertainty tied to the future US political agenda and the global crash of many IT systems on Friday, generated volatility on the stock markets. The market still expects a gradual reduction of rates in both the US and in Europe, although investor focus is once again on the timing of the moves. Stefano Cucchi, of the Eurizon Macro Research & Product Specialist team, reports. Audio recorded on 22 July 2024.
04:58
04:58
Markets upbeat on US inflation and quarterly earnings
Eurizon Weekly 15.07.24. The much anticipated June inflation reading in the US surprised investor expectations last week in part by coming in weaker than forecast. The overall reduction of yields, and the possibility of the macro picture enabling the Fed to open the rate cut cycle, and the ECB to consolidate the accommodative policy already being implemented, was welcomed by the stock markets as well, although caution prevailed ahead of the opening of the quarterly earnings seasons. Investor focus is still mainly on macro data, although some political and geopolitical factors, such as the race for the US presidency, should also be closely monitored. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 15 July 2024.
05:57
05:57
Markets on the rise in waiting on US inflation
Eurizon Weekly 08.07.24 The mix of events of a political nature and of macro data was at the heart of market dynamics. In Europe, the elections in France and in the United Kingdom captured the attention of the markets, whereas US macro data were once again decisive in outlining the macro scenario on which the Fed will make its future decisions. In the UK, the elections went as expected, with a landslide victory for Labour, called to relaunch the country’s economy. In France, on the other hand, the elections failed to assign an absolute parliamentary majority to any of the parties, therefore a government coalition will have to be formed.
This week, focus will be on the US inflation reading, due out on Thursday, after the release of European inflation data in the past few days. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 08 July 2024
05:03
05:03
Markets cautious, due to politics and macro data
Eurizon Weekly 24.06.24. Last week caution prevailed among investors, faced with a scenario marred by political uncertainty in France that is to some extent conditioning the markets in Europe, whereas in the US macro data are still proving rather solid. European spreads were stable, after rising on the political developments in France, and stayed effectively unchanged in the week. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Audio recorded on 24 June 2024.
04:38
04:38
Europe rocked by the elections, US driven by the Fed and data
Eurizon Weekly 17 June 2024. Last week was rife with both macroeconomic and political events. In Europe, the outcome of the elections to renew the European Parliament, while leaving potential majorities shielded from major upheavals, had important repercussions at the national levels. Considerable turbulences emerged in Europe, reflected both by the stock lists, that suffered losses in the week, and by spreads. On the other hand, government bonds performed well in the week, also thanks to lower than expected inflation in the United States, with US indices scoring gains. Stefano Cucchi, of Euizon’s Macro Research & Product Specialist team, reports. Audio recorded on 17 June 2024
05:11
05:11
Stock markets positive on ECB and US payrolls
Eurizon Weekly, 7 June 2024. Last week, important political and economic events took place. In Europe, the much-anticipated ECB meeting on the one hand confirmed investor expectations by implementing an initial policy rate cut, while the new inflation forecasts prompted a partial postponement of expectations for the ensuing path of rate reductions. Also in Europe, the elections to renew the European Parliament were held over the weekend. Although the count isn’t over yet, the outcome leans towards a likely confirmation of the current parliamentary majority, as already indicated by voting intention polls. In the US, on the other hand, May data confirmed the labour market’s good state of health, easing potential pressures on the Fed to proceed with a swifter than estimated rate cut cycle. Expectations in this sense will be revised on Wednesday, in light of the May inflation reading. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 07 June 2024.
04:49
04:49
Markets weak waiting on the central banks
Eurizon Weekly 27 May 2024. Last week ended with weak stock indices overall and a recovery of sovereign yields on the mix of US macro data, quarterly earnings report, and central banks statements. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team reports. Laura Dalbosco offers insight on the latest set of advance PMIs. Audio recorded on 27 May 2024.
04:48
04:48
Markets upbeat on US inflation and consumption
Eurizon Weekly 20 May 2024. Last week investor focus was on US macro data, and in particular on the much-anticipated April inflation reading, that was in line with expectations, showing a slight decline. The stock markets benefited most, pricing in the resilience of the US economy, devoid of excessive accelerations, and a marginal stabilisation of the level of interest rates. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 20 May 2024.
04:44
04:44
Stock indices positive waiting on us inflation
Eurizon Weekly, 13 May 2024. The stock markets performed well in the course of last week, benefiting from the stabilisation of government bond yields and from the quarterly corporate earnings reports. The macro picture confirmed that the US economy, while still solid, is not heading for an overheating phase, whereas in Europe industrial output showed signs of weakness, fuelling investor expectations for the opening of the ECB’s rate cut cycle in June. Investor focus is now entirely on the US inflation reading, out on Wednesday, called to validate the soft-landing scenario priced in since the beginning of the year. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 13 May 2024.
05:18
05:18
Stock markets pushed back into positive territory by quarterly results
Eurizon Weekly 29.04.24 The stock market recovered supported by quarterly earnings reports as well as by a macro picture still benefiting from a solid consumption trend. The re-pricing of monetary policy expectations continues Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Laura Dalbosco, of the same team, reports on PMI indicators. Audio recorded on 29 April 2024.
05:21
05:21
Markets held back by rates and geopolitical tensions
Eurizon Weekly 22.04.24. The risk of a potential escalation in the Middle East, combined with uncertainty over the future path of interest rates, in the US in particular, translated into a rather volatile week on all the major markets. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 22 Apr. 2024.
05:46
05:46
US inflation and geopolitics holding back the markets
Eurizon Weekly, 15 Apr. 2024. US inflation rose and beat expectations on the upside for the third month in a row, and combined with the risk of the crisis in the Middle East spreading, with the direct involvement of Iran, fuelled uncertainty among investors. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 15 April 2024.
05:33
05:33
Markets held back by the strength of the US economy
Eurizon Weekly 8 April. 2024. In the course of the week, the mix of US macro data and statements made by Fed officials generated renewed uncertainty over the policy rate reduction path. This translated into a marginal rise of government bond yields, while the major stock indices consolidated at their previous levels. Focus will mostly stay on the US market and on the Fed. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 8 April, 2024.
04:40
04:40
The Fed reassures the markets
Eurizon Weekly 25 Mar. 2024. The much-anticipated FOMC meeting was last week’s main event. The US central bank Fed kept rates unchanged for the fifth consecutive meeting, and raised both its growth and inflation forecasts. During the meeting, the Fed reasserted its intention to implement three rate cuts in 2024, thus confirming the announcement made in December and removing concerns of a potential reduction to two moves: the message was swiftly priced in by the stock markets, that performed well in the week. Bonds also performed well, on the shorter end of the curve in particular.
Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 25 Mar. 2024.
04:26
04:26
Caution in the wake of US inflation, waiting on the Fed
Eurizon Weekly 15 Mar. 2024. Last week, investor focus was on data on the evolution of prices in the US, the downtrend of which seems to have slowed. Market operator caution prevailed, waiting on the Fed meeting this week to provide greater details on its future monetary policy choices. Expectations for the start and the scope of the interest rate cut cycle are still the main determinant factor of volatility on the markets. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 15 Mar. 2024.
04:56
04:56
Markets positive but cautious after the ECB and US labour data
Eurizon Weekly, 11 Mar. 2024. The markets enjoyed a positive week thanks to the ECB meeting, that confirmed investor expectations, and US labour market data, that while mixed overall, confirmed that the US economy is not overheating at the moment. However, while the markets scored gains, they generally remained rather cautious in waiting on the US inflation reading.
Andrea Conti, Head of the Eurizon’s Macro Research & Product Specialist team, reports Audio recorded on 11 Mar. 2024.
05:21
05:21
Markets stable on macro data, inflation, and the ECB
Eurizon Weekly 4 Mar. 2024.Another positive week, with investors slightly more cautious, in light of the trend of US inflation and ahead of this week’s ECB meeting. The markets are pricing in on the one hand some uncertainty over the timeline of the convergence of inflation back to target, and on the other macro data that confirm the resilience of the overall picture. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 4 Mar. 2024
05:26
05:26
Markets held back by persistently high prices in the US
Eurizon Weekly 19Feb. 2024. In the course of the week, both consumer and producer prices rose back on a monthly basis in the US, casting some doubts on the timeline of inflation’s return to target and, as a result, on expectations for the Fed’s future decisions on the announced monetary easing process. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 19 Feb. 2024.
05:13
05:13
Markets cautious, waiting on US inflation
Eurizon Weekly 12 Feb. 2024. The marginal repricing of monetary policy expectations by the sovereign yields market continued, progressively cutting back on the excesses recorded over the closing months of 2023. The global stock markets were cautious, whereas the US stock lists stayed on an uptrend, supported by quarterly corporate results, in waiting for the US inflation reading to provide clearer indications on the timing of the start of the interest rate normalisation process by the central banks. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team takes a closer look. Audio recorded on 12 Feb. 2024.
05:03
05:03
Stock indices supported by the strong US economy
Eurizon Weekly 29 Jan. 2024. Last week the US economy again confirmed its strength, and combined with the growth-supportive measures put in place by the Chinese authorities and the ECB’s more accommodative than expected statements, boosted stock indices. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 29 Jan. 2024.
05:31
05:31
Stock markets cautious ahead of corporate earnings
Eurizon Weekly 22 Jan. 2024. Stock markets more cautious, on the decline of short-term US yields and ahead of the earnings season reaching its height. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 22 Jan. 2024.
05:08
05:08
Markets recovering on US data
Eurizon Weekly 15 Jan. 2024. After a cautious start to the year, marked by widespread profit-taking following the sharp recovery scored at the end of 2023, last week investors started to take a bolder approach. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, reports.
Audio recorded on 15 Jan. 2024.
04:50
04:50
Markets weak at the beginning of the year
Eurizon Weekly, 8 Jan. 2024. In the opening week of 2024, the markets remained cautious in the wake of the strong recovery recorded in the final weeks of 2023. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 8 Jan. 2024.
05:30
05:30
Markets upbeat thanks to US inflation and the central banks
Eurizon Weekly 18 Dec. 2023. In the course of the week, the mix of US inflation, confirmed on a downtrend, and of the central bank meetings, with the spotlight on the Fed, essentially confirmed that further rate hikes are not on the cards, and in fact rate cuts in 2024 are starting to be considered. Stefano Cucchi, of the Eurizon Macro Research & Product Specialist team, takes a closer look
Audio recorded on 18 Dec 2023
04:42
04:42
Europe better than the US in waiting on the Fed and inflation
Eurizon Weekly 11 Dec. 2023. In the course of the week, the European markets benefited from the accommodative tones on the future path of interest rates used by some ECB Governing Council members. In the US, spotlight back on the Fed’s next decisions and on forthcoming US inflation data. Stefano Cucchi of the Euruzone Macro Research & Product Specialist team takes a closer look. Audio recorded on 11 Dec. 2023.
04:52
04:52
Stock markets positive but cautious in waiting for confirmative macro data
Eurizon Weekly 27 Nov. 2023. After rising significantly over the previous weeks, in the wake of the Fed’s announcements and of the inflation reading, the markets consolidated at the levels achieved, in waiting for further confirmative evidence from forthcoming macroeconomic data. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 27 Nov. 2023
04:45
04:45
US inflation on the decline, markets up
Eurizon Weekly 20 Nov. 2023. The US inflation reading validated the Fed’ monetary policy. On the markets, government bond yields dropped, stock indices scored gains, and the BTP-Bund spread narrowed. Italy’s sovereign rating was confirmed by Moody’s at Baa3, with an upgrading of the Outlook from negative to stable. Market focus remains on central bank decisions and on the evolution of the macro picture. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 20 Nov. 2023.
04:52
04:52
Markets slow ahead of US inflation data
Eurizon Weekly, 13 Nov. 2023. The fight against inflation is not yet officially over, and the central banks’ future choices are still dependent on the course of macroeconomic data. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 13 Nov. 2023.
05:12
05:12
Markets positive with the Fed on hold
Eurizon Weekly 6 Nov. 2023. Last week the markets found support in the Fed meeting, that confirmed the hiatus in the rate hike cycle, and in a mix of data that reported a sharper decline of inflation than expected in Europe and a slowdown of the US labour market. In Europe, in addition to confirmation from the ECB last week of the pause in the rate hike cycle, the sharp drop of inflation led to a significant decline of yields on the longer end of the curve.
Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 6 Nov. 2023.
04:57
04:57
Middle East crisis and US data still fuelling volatility
Eurizon Weekly 23.10.23. Markets focused on the situation in the Middle East and on macro data, that beat expectations by confirming the strength of the US economy, and cast doubts over the slowdown scenario. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 23 Oct. 2023.
05:08
05:08
Markets cautious with inflation and the Middle East at the fore
Eurizon Weekly, 16 Oct. 2023. The uncertain macro picture, with two wars under way near the borders of the European continent, is advising caution on the markets. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 16 Oct. 2023.
05:05
05:05
Markets volatile on US data and Middle East crisis. US labour market strong
Eurizon Weekly 09.10.23. In the course of last week, data on business confidence and the labour market confirmed the solidity of US growth, despite the sharp monetary restriction under way. The easing of the labour market is one of the main conditions the Fed needs to verify before reviewing its monetary policy in a less restrictive mode, together with a reduction of inflation. Therefore, focus is now on the inflation reading, due out on Thursday. Over the weekend the underlying scenario saw the addition of a new crisis in the Middle East. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 09.10.23
04:42
04:42
Markets volatile on Fed and oil
Eurizon Weekly . The outcome of the Fed’s policy meeting was at the heart of market dynamics: although the Fed lived up to expectations by leaving interest rates unchanged, at the same time it announced that a further hike could be necessary in 2023, depending on the trend of inflation, and confirmed its intention to consolidate the present level of fed funds rates for several months, in waiting for macro conditions to offer clearer evidence of a slowdown. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer.
Audio recorded on 25 Sep. 2023.
05:20
05:20
Stock markets cautious, waiting on the Fed
Eurizon Weekly, 18 Sep. 2023. . The spotlight is now on the upcoming Fed meeting on Wednesday. Andrea Conti, Head of Eurzion’s Macro Research & Product team, takes a closer look.
Audio recorded on 18 Sep. 2023.
05:07
05:07
Markets weak ahead of US inflation and the ECB
Eurizon Weekly, 11 Sep. 2023. The mix of still solid macro data in the US, and consolidating oil prices at high levels translated into profit taking on the markets. Stefano Cucchi of Eurizon’s Macro Research team takes a closer look. Audio recorded on 11 Sep. 2023.
04:46
04:46
Tepid August on the markets
Eurizon Weekly, 4 Sep 2023. August confirmed the cautious approach of investors to the markets, in waiting for a clearer turn of the macroeconomic picture. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 04 September 2023.
07:01
07:01
Markets cautious in waiting on the central banks
Eurizon Weekly . During the week, the government bond rate market saw yields initially drop following the release of UK inflation (lower than expected), only to rise back in the wake of the release of jobless claims data in the US, that told the story of a still very solid labour market. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 24 July 2023.
05:06
05:06
Markets on the recovery in the wake of US inflation
Eurizon Weekly 17 Jul 23. Declining inflation and labour market conditions that are still distant from recessive dynamics helped restore a soft-landing baseline scenario for the US economy. Andrea Conti, Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 17 July 2023.
05:37
05:37
US data still strong. Yields down and stock markets up
Eurizon Weekly . the US economy is still strong and does not seem set to help ease price pressures any time soon, forcing the Federal Reserve to keep a hawkish stance. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 10 July 23.
04:50
04:50
Stock market held back by fears of a slowdown
Eurizon Weekly 26/06/23. Last week, government bond rates were confirmed at the same levels as in the previous week, whereas the stock markets incurred losses. Stefano Cucchi, of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 26 June 2023.
04:47
04:47
Stock markets up on central banks and inflation
Eurizon Weekly 19 June 2023. Last week the US inflation and the Fed and ECB decisions were in line with expectations. Andrea Conti, head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 19 June 2023.
05:52
05:52
Stock markets stable in waiting on inflation and central banks
Eurizon Weekly 12 June 23. With a still solid economy, and core inflation pulling back more slowly than expected, the Fed is called to confirm the hiatus in the rate hike cycle it had previously announced, whereas the ECB should confirm the rate hike path as it had outlined, with no further accelerations. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 12 June 2023.
06:02
06:02
Rates up on US inflation and macro data
Eurizon Weekly 22 May 2023. US growth, and therefore the evolution of prices, are back at the heart of market dynamics. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team Eurizon takes a closer look. Audio recorded on 29 May 2023.
04:54
04:54
Stock markets and yields driven up by US data
Eurizon Weekly 22 May 2023. Last week, US macro data were confirmed rather solid once again, denying, at least for the time being, an overly negative outlook for growth. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look. Audio recorded on 22 May 2023
05:00
05:00
Markets cautious in light of the slowdown and of inflation
Eurizon Weekly 15 May 2023. In the course of the week the markets remained cautious in waiting to verify the evolution of the macro picture. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 15 May 2023.
05:13
05:13
Stock markets stable on central banks and US employment
Eurizon Weekly 8 May 2023. The Fed and the ECB convey the message that if on the one hand they will keep fighting inflation, on the other they do not intend to underestimate the effects of the strong monetary restriction on the real economy.
Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 8 May 2023.
04:45
04:45
Markets cautious in waiting on the central banks
Eurizon Weekly 24 Apr. 2023. Investor focus is on central bank decisions, expected in the first week of May, as the macroeconomic slowdown seems to be well managed in the different regions of the world, while inflation remains stubbornly high. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 24 Apr. 2023.
04:42
04:42
Stock markets up on inflation and US data
Eurizon Weekly 17 Apr. 2023. Last week yields rose slightly, the stock markets performed positively and the dollar weakened against the euro. Macro data in the USA were confirmed at the heart of market dynamics. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 17 Apr. 2023.
05:04
05:04
Markets cautious ahead of US inflation
Eurizon Weekly, 11 Apr. 2023. This week the markets stabilised in the wake of macro data releases in the US. central bank decisions, called to balance the fight against inflation with the macro slowdown, are again the main focus of investment decisions. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 11 April 2023
04:53
04:53
Markets positive but cautious following the FOMC and tensions on banks
Eurizon Weekly 27 Mar. 2023. Main themes of the week: banking sector solidity, latest Fed decisions and macro data. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team takes a closer look.
Audio recorded on 27 Mar. 2023
04:13
04:13
Impact on the markets of banking sector tensions
Eurizon Weekly, 20 mar. 2023.
Andrea Conti, head of Eurizon’s Macro Research & Product Specialist team, analyses the impact on the financial markets of the tensions affecting the banking system, explaining where they stem from, their different aspects, and pointing out the forthcoming data to watch.
Audio recorded on 20 Mar. 2023
05:40
05:40
Yields and stocks down on the collapse of SVB
Eurizon Weekly 13 Mar. 2023. The hardships faced by US bank SVB (Silicon Valley Bank) in completing an important capital increase to cover losses on securities, triggered by massive deposit withdrawal requests, took the markets by surprise, sparking a major risk-off movement, with a sharp decline of stock indices and government bond rates. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 13 Mar. 2023
05:04
05:04
Yields up and stock markets strong on macro data
Eurizon Weekly 6 Mar. 2023. Yields rose further in the week, in the wake of still solid macro data, stronger than expected inflation in Europe, and still resilient stock markets. Return to growth in China. Investor focus is still on the growth-inflation mix, although anticipation is high ahead of US labour market data. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 6 Mar. 2023
04:55
04:55
Rates still on the rise, stock markets holding out
Eurizon Weekly, 20 Feb. 2023. Last week government yields rose again in the wake of the messages sent by the Fed and the ECB, and of the release of the producer price index, that grew much more than expected. Andrea Conti, Head of the #Eurizon Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 20 Feb. 2023
05:29
05:29
Stock markets held back by rising yields
Eurizon Weekly 13 Feb. 2023. Last week yields rose across the board, pricing in a stronger than expected labour market, and therefore the possibility of the Fed being forced to keep hiking rates, when it seemed close to a hiatus. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 13 Feb. 2023
04:47
04:47
Central banks and US data drive stock market performances
Eurizon Weekly 6 Feb. 2023.
In a busy week in terms of economic events, the ECB and Fed meetings lived up to market expectations, while US macro data surprised sharply. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 6 Feb. 2023
04:25
04:25
Macro slowdown fears holding back the markets
Eurizon Weekly 23 Jan. 2023. Markets cautious in waiting to verify the actual intentions of the central banks in light of slowing macro data and the sluggish decline of inflation.
Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look.
Audio recorded on 23 Jan. 2023
05:06
05:06
Stocks up on US inflation
Eurizon Weekly 16 Jan. 2023.
In the course of the week, government yields were confirmed at the previous week’s levels, and the stock markets stayed on the uptrend observed at the beginning of the year, also thanks to the US inflation reading, that confirmed expectations. Stefano Cucchi of Eurizon’s Macro Research & Product Specialist team takes a closer look. Audio recorded on 16 Jan. 2023
05:12
05:12
Yields down and stock markets up ahead of US inflation
In the week, yields dropped on the long end of the European curve in particular, spreads were stable, and stock indices recovered. Andrea Conti, Head of Eurizon’s Macro Research & Product Specialist team, takes a closer look.
Audio recorded on 9 Jan. 2023
05:20
05:20
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