The expert magazine of Ostrum AM

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

Topic of the week: Europe: japanification?

  • The similarities between Europe and Japan are indisputable, and worrying: ageing of the population, zero rates, etc;
  • There are also important differences which make it possible to hope that Europe is not caught up in a deflationary spiral. The main difference is the strength and speed of monetary policy response;
  • The main point then is perhaps the fact that doubt remains. The efforts made have put the area on a different trajectory than that of Japan. But the battle is far from won.

 
Market review: Italian worries

•    ECB signals symmetry in asset purchases;
•    Fed to hold policy unchanged this week;
•    Italian spreads higher on political woes;
•    Technology, stay-at-home stocks advanced sharply last week.

MyStratWeekly : Market views and strategy

Download Download MyStratWeekly - 25 January 2021
  • Stéphane Déo

    Stéphane Déo

    Head of markets strategy

  • Axel Botte

    Axel Botte

    Global strategist

  • Aline Goupil-Raguénès

    Aline Goupil-Raguénès

    Developed countries strategist

  • Zouhoure Bousbih

    Zouhoure Bousbih

    Emerging countries strategist