the articles & research center news
The global economy enjoyed a strongest upturn in 2017. The upswing was broad and driven by a notable rebound in global trade and an investment recovery in advanced economies. The improvement in the macroeconomic environment has allowed central banks to confirm the gradual reduction (at different speeds) in the accommodative stance of monetary policy.
Valentine AINOUZ, Sergio BERTONCINI, Silvia DI SILVIO
« An integrated approach, analysing EM through multiple lenses (country, credit and geopolitical risk; macro and micro reform momentum), will in our view be key to understanding a complex and rapidly evolving world.»
Claudia BERTINO, Laura FIOROT, Myles BRADSHAW, CFA, Eric BRARD, Laurent CROSNIER, Monica DEFEND
Eric BRARD, Laurent CROSNIER, Myles BRADSHAW, CFA
Valentine AINOUZ, Sergio BERTONCINI, Roberta FORTES, Silvia DI SILVIO, Annalisa USARDI
According to a survey run among primary dealers by the US Treasury Department in January 2018, the US fiscal deficit would account for $750bn in 2018, $965bn in 2019 and $1025bn in 2020 (far above the numbers indicated in the latest CBO projections made in June 2017, ie before the adoption of the fiscal reform).
Fixed Income and FX Strategy
Eric BRARD, Laurent CROSNIER, Marie-Anne ALLIER, Shinichiro ARIE CFA, Kenneth J. TAUBES, Mauro RATTO
Bastien DRUT, Roberta FORTES, Silvia DI SILVIO, Abhishek GON, Valentine AINOUZ, Sergio BERTONCINI