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Research Strategy and Analysis
At this close of the year, when, for the most part, its neighbours are moving toward improvement, it is, for once, the Euro-zone's leading core country that is seeing its economic outlook shaken up by three forces that have dominated the news in recent months: the emerging slowdown, the refugee crisis, and the Volkswagen scandal.
CFA, Strategy and Economic Research at Amundi
Emerging cyclical assets rebounded in the wake of the revised Fed scenario. With disappointing US jobs numbers there has been a change in sentiment toward emerging cyclical assets (currencies, equities and corporate credit).
Marc-Ali BEN ABDALLAH
Strategy and Economic Research at Amundi