12/10/2022 Economy & Markets Macroeconomic Picture - October 2022 Macroeconomic Picture by area and Macro and Market forecast.
12/10/2022 Economy & Markets Market Scenarios and Risks - October 2022 We maintain the content and probabilities of our scenarios. Note that some of the risk factors we identify may occur in our central scenario, which is...
12/10/2022 Economy & Markets Too early for a Fed pivot The flattening of the US yield curve will depend on the persistence of core inflation and on the impact of monetary tightening on growth.
12/10/2022 Economy & Markets TLTRO in the context of ECB policy normalisation TLTRO repayments and redemptions will drive incoming ECB passive QT over the next few quarters.
12/10/2022 Economy & Markets United States: a green industrial policy in the making The US Congress’s August approval of the Inflation Reduction Act (IRA) came as a surprise to most observers. With the mid-term elections just months away...
11/10/2022 Cross Asset Research Cross Asset Investment Strategy - October 2022 Find the latest edition of our Research team's monthly publication.
12/09/2022 Economy & Markets Macroeconomic Picture - September 2022 Macroeconomic Picture by area and Macro and Market forecast.
12/09/2022 Economy & Markets Market Scenarios and Risks - September 2022 We have reviewed the content and probabilities of our scenarios. First of all, we have included in our central scenario some of the risks that are materialising...
12/09/2022 Economy & Markets Rational inattention at the core of central bank strategy The origins of inflation are not always well understood. While some economists had warned of impending inflation as early as last year, few had anticipated...
9/09/2022 Cross Asset Research Cross Asset Investment Strategy - September 2022 Find the latest edition of our Research team's monthly publication.
11/07/2022 Economy & Markets Macroeconomic Picture - July/August 2022 Macroeconomic Picture by area and Macro and Market forecast.
11/07/2022 Economy & Markets Market Scenarios and Risks - July/August 2022 We keep the probabilities of our central and alternative scenarios unchanged vs. last month. The new wave of Covid-19 and stagnation in the Eurozone...
11/07/2022 Fixed Income & FX Renminbi’s rise will not challenge dollar dominance A sharp economic slowdown seems to be looming in both Europe and the US, which would make bond markets attractive again, especially in the US. Conversely,...
11/07/2022 Economy & Markets The ECB’s ability to raise rates will depend on the strengt... The ECB is determined to tighten its monetary policy in the face of record high inflation levels.
8/07/2022 Cross Asset Research Cross Asset Investment Strategy - July/August 2022 Find the latest edition of our Research team's monthly publication.