Summary
Topic of the Month
The Eurozone economy under scrutiny, as the policy support fades
Much less fiscal policy support will likely constrain domestic demand and higher-for-longer interest rates will make monetary policy even more restrictive.
The Eurozone economy under scrutiny, as...
Macroeconomics, Geopolitics, and Strategy
- Macroeconomic focus: End in sight: Bank of Japan to complete policy normalisation
- Emerging markets: EM diversification amid exposure to China and US
- Macroeconomic snapshot
- Central banks watch: Easing cycle: a peloton of Emerging Markets Central Banks ahead of the game
- Geopolitics: Latin America’s geopolitical opportunities and risks
- Policy: The great return of risk premium on public debt
- Scenarios and risks
- Amundi Investment Institute models: Top-Down Macro Fair Value for S&P 500
- Infographic - Markets in charts: Equities & Bonds
- Commodities: Evidence of tightness in oil
- Currencies: The FED and the lack of symmetry in the FX markets
Macroeconomics, Geopolitics, and Strategy...
Global Investment Views
Divergences persist: US resilience vs China weakness
August was a month when risk assets, after giving back some of their gains, closed flat, whereas yields on 10Y USTs reached 15-year highs. On the one hand, the US displayed economic resilience on the back of fiscal incentives and business investment. However, sentiment was affected by slowing momentum in China, regarding which we downgraded our 2023 growth forecasts from 5.1% to 4.9%.
Global Investment Views - September 2023
Macroeconomic and financial market forecasts
September 2023
Macroeconomic and financial market forecasts...
Author
