Amundi Client Servicing
Access your extranet (NAV, reporting...)
Thursday 16 May 2019
May Market Review video
Presented by Eric Mijot from Amundi’s Strategy & Research
At the beginning of the second quarter, the equity market continues to perform due to two factors: the pause in Fed rates and the improvement in tariff negotiations between China and the United States. Global growth reached a significant level of 3.5% and the price of oil rise sharply as Brent increased by around 40% this year. There are two things to consider, a pause in the equity market can be expected and it will be important to monitor the dollar in the coming months.
Revisiting fixed income opportunities after the European institution appointments
Financial markets have been enjoying a record-breaking run of late.
The journey from market complacency to awareness of fragilities is in full swing, and the market correction in May is part of that, as is the recent recovery fuelled by dovish Central Banks (CB). Aware investors should recognise that the late cycle phase and mature market trends require improving fundamentals and positive political events to deliver sustainable uptrends in risk assets. But, it is difficult to see such improvements happening in the short term.