Eurizon’s view takes the name “The Globe”
The baseline scenario combines stable growth in the US with a gradual reacceleration in the Eurozone, where inflation is close to target and should prompt the ECB to cut rates further in the autumn. Inflation has resumed declining in the United States as well, and expectations are now for an initial Fed rate cut in September. Also in the US, increasing focus on the presidential election could generate volatility on the markets, that are already stretched.
Watch the video “The Globe” to discover how we have decided to positions ourselves.
The information contained in this section does not constitute a recommendation, proposal or endorsement to undertake transactions in one or more financial instruments, nor can it be construed as an offer to sell or an invitation to subscribe to one or more financial instruments, or a solicitation to invest in any kind of securities.
The information contained herein is updated on a monthly basis.
Before accessing this Section please read the legal 'Disclaimer' setting out the scope and limitations of the information provided.