Eurizon's podcast

Positioning for June 2025 ‘The Globe’, Eurizon's investment vision. The reference scenario sees the continuation of the economic cycle as a central hypothesis. In the immediate term, the macro-impact of April’s tensions on trade tariffs, the implications for central banks and the evolution of fiscal policy measures in the US, EU and China are still to be assessed. Discover Eurizon's positioning for June 2025 with Andrea Conti, Head of Macro Markets Analysis. Audio recorded on 29 May 2025.

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.

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.

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.

“The Globe”, Eurizon’s investment view. The baseline scenario sees the US administration’s decisions as the main focus theme. The likeliest outcome is the signing of bilateral agreements although the process may take time. Therefore we confirm an only moderately pro-cyclical approach. Discover Eurizon’s positioning for May 2025 with Andrea Conti, Head of Macro Markets Analysis. Audio recorded on 05 May 2025.

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.

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.

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.

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.

“The Globe”, Eurizon’s view. The scenario combines a moderate expansion in the Eurozone with positive growth in the US. While the United States themselves now face the prospect of a slowdown due to their own tariffs, Europe and China are compensating with stronger fiscal policy measures. The main focus theme, and source of potential volatility, are still the economic policy decisions of the Trump administration Find out how Eurizon is positioned for April 2025 with Andrea Conti, Head of Macro Markets Analysis. Audio recorded on 27 Mar. 2025