Read our market review and find out all about our theme of the week in MyStratWeekly and its podcast with our experts Axel Botte, Aline Goupil-Raguénès and Zouhoure Bousbih.

Listen to Axel Botte and Zouhoure Bousbih’s podcast (in French only)

Topic of the week: The thematic piece will resume on May 19.

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Market review: As good as it gets

  • U.S. growth: negative in 1Q 2025 but job report solid in April;
  • Euro area: better-than expected GDP growth in 1Q 2025 (+0.4 %);
  • U.S.: solid quarterly earnings reports despite lack of visibility;
  • Equity markets keep rallying.

(Listen to) Axel Botte’s podcast:

  • Review of the week – The stock market rally continues;
  • Theme – US Growth and the Labor Market.

Chart of the week

USA container price

The accompanying chart illustrates the positioning in the Japanese yen as reported by the CFTC for two types of investors. Net long positions in Japanese yen against the U.S. dollar in futures and options contracts have surged in recent weeks.

Institutional investors now hold unprecedented net long positions, exceeding the peaks reached in 2018. Meanwhile, speculative accounts have also covered their short positions that had been maintained since 2021. However, the Bank of Japan has remained ambiguous regarding the timing of a potential interest rate hike.

Figure of the week

80

It has been 80 years since women gained the right to vote in France.

MyStratWeekly : Market views and strategy

Download MyStratWeekly – May 5th 2025
  • Axel Botte
    Axel Botte

    Head of markets strategy

  • Zouhoure Bousbih
    Zouhoure Bousbih

    Emerging countries strategist

  • Aline Goupil-Raguénès
    Aline Goupil-Raguénès

    Developed countries strategist

Transitions – Equity markets
Podcast
Reading time : 15 min.
INSIGHTS MARKETS
For the fourth episode of Transitions, we discussed the fundamentals of equity portfolio management in the midst of an uncertain world facing multiple transitions with Frédéric Leguay, Head of Fundamental Equities, and Juan Sebastian Caicedo, International Equities portfolio manager.
06/27/2025
Reserved for pros
MyStratWeekly – June 24th 2025
Podcast
Reading time : 30 min.
NEWS MARKETS
Read our market review and find out all about our theme of the week in MyStratWeekly and its podcast with our experts Axel Botte, Aline Goupil-Raguénès and Zouhoure Bousbih.
06/24/2025
Reserved for pros