Eurizon's podcast

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

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

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

The Globe: February 2023. With inflation on the decline again in December in the US and in the Eurozone, focus is increasingly on the macro slowdown. Data are adding credibility to the hypothesis of a soft landing, rather than a sharp slowdown of the economy (hard landing). Reacceleration of the Chinese economy confirmed, on the other hand. Find out how we are positioned for February.
Audio recorded on 30 Jan. 2023

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

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

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

The Globe: Outlook for 2023. The new year should bring declining inflation and to a simultaneous slowdown in growth. Under the baseline scenario, the central banks are expected to complete their tightening cycles in the opening quarter of the year and then have a free hand in containing the slowdown of growth. As previously mentioned, in this context medium and long-term rates should stabilise, if not drop back. Easing pessimism could support stocks in the immediate term, but the recovery will in any case have to be validated by the resilience of the economic cycle.
Audio recorded on 20 Dec. 2022

Eurizon Weekly 12 Dec. 2022.
Stable yields and stock indices on the decline last week, as the market lies in wait.
Stefano Cucchi, of the Eurizon Macro Research & Product Specialist team takes a closer look.
Audio recorded on 12 Dec. 2022

The Globe: December 2022. The baseline scenario contemplates the progressive easing of inflation and a simultaneous macroeconomic slowdown. The central banks are expected to slow the pace of the monetary tightening and to end the hike cycle in the opening months of 2023. In this context, medium and long-term rates should stabilise, if not drop back. Easing pessimism may support stocks in the immediate term, but the recovery will depend on the resilience of the economic cycle.
Audio recorded on 30 Nov. 2022