Stock indices positive waiting on US inflation 

Market Week
Video recorded on May 13th, 2024
13th 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.

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