Azimut Investments - Market Insights

In previous reports, we have argued extensively about how U.S. employment data were showing signs of cooling. The data released last week further confirmed that the labor market might indeed be losing some of its momentum

The first round of the French elections gave no conclusive indication of the future composition of the parliament. Nevertheless, it is worth delving into some of the main evidence from this vote, while awaiting the final results next Sunday

The week just ended was expected to be pivotal. And so it was. But not for the reasons the market expected, namely the Fed meeting along with the new projections and dot plot. Wreaking havoc on the markets was Macron's decision to call snap elections in France in the aftermath of the European...

After two years characterized by the biggest-ever coordinated rate hike by the world's central banks, this week the ECB will be the first major central bank to start taking the opposite path

At the time of writing, 90% of developed market corporations have reported their Q1 results, generally revealing a better than expected trend in each of the 3 macro areas analyzed (USA, Europe, Japan).

After the streak of stronger than expected macroeconomic data in recent months, which showed a notable resilience of both inflation and economic growth, the financial community was anxiously awaiting the Fed meeting, fearing that it might have to abandon hopes of a rate cut in 2024 altogether.

The rise in interest rates that began this year has remained steadfast Recently several macroeconomic data as well as heightened geopolitical tensions have helped validate the scenario that central banks may have to wait to cut rates longer than previously announced.

The main event of the last three weeks was the FOMC meeting. Most of the focus was on the dot plot, mainly for 2024, as the upward surprises in inflation and economic data occurred since the previous FOMC meeting had sparked speculation that the number of expected cuts for this year could be...