Eurizon's podcast

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.

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

Andrea Conti, Head of Eurizo’s Macro Research & Product Specialist team explains Eurizon’s positioning going forward, faced with a scenario that combines declining inflation – but still above target – with resilient economic activity to the monetary restriction, that leaves the central banks in no rush to announce the end of the rate hike cycle, although the restriction effectively seems to be on hold.
Audio recorded on 27 Sep. 2023.

Eurizon Weekly 25 Sep. 2023. 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.

Eurizon Weekly, 18 Sep. 2023. In the course of last week, the stock markets turned bullish again, albeit cautiously, in the wake of the US inflation reading, essentially in line with expectations, and of the ECB’s policy meeting, that left open the option of a hiatus on rates. 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.

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.

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.

Andrea Conti, Head of the Eurizon Macro Research & Product Specialist team, explains Eurizon’s positioning for August 2023 in consideration of a baseline scenario that combines falling inflation, albeit still above target, and resilient economic activity despite the monetary restriction, reason for which the central banks are in no hurry to declare the rate hike cycle as over.
Audio recorded on 27 July 2023.

Eurizon Weekly 24 July 2023. 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.

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.