13/05/2026 Cross Asset Research Cross Asset Investment Strategy - May 2026 Despite the uncertaintiy surrounding the conflict in the Middle East, the case for emerging market equities and fixed income looks strong.
7/11/2022 Economy & Markets For the Fed, the impossible QT The Fed has started shrinking its balance sheet as part of its fight against elevated inflation.
4/11/2022 Cross Asset Research Cross Asset Investment Strategy - November 2022 Find the latest edition of our Research team's monthly publication.
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.