The first month of 2025 confirmed the importance of politics and global macroeconomic dynamics in influencing financial markets. Donald Trump's inauguration at the White House, the return of the tariff war, and uncertainties regarding monetary policies contributed to a [...]

The year 2024 comes to a close as one marked by complex challenges and diverse dynamics, testing the resilience of global financial markets and the adaptability of economic operators. In an environment of growing uncertainty, investors have had to [...]

Donald Trump is once again President of the United States after his defeat in 2020, despite challenges related to his political legacy and ongoing legal controversies. His campaign effectively capitalized on widespread dissatisfaction with the Biden administration, particularly on [...]

October 2024 witnessed an overall positive performance in global financial markets, driven by accommodative monetary policies and a gradual improvement in investor sentiment. Recent decisions by major central banks, coupled with a stable geopolitical backdrop, contributed to a favorable [...]

In August 2024, global financial markets experienced high volatility, influenced by fears of a possible recession in the United States, an unexpected rise in interest rates in Japan, and mixed signals from major central banks. Although the end of [...]

In the second quarter of 2024, equity markets in developed countries showed more muted returns than in the first quarter, although many indices reached new all-time highs. The slowdown observed in April was not unexpected, considering the robust performance [...]

In May, financial markets performed positively, resuming the upward trajectory observed at the beginning of the year and reaching new all-time highs after the April pause. This recovery can be attributed to better-than-expected first quarter financial results, signs of [...]

After a strong start to the year, global equity markets experienced some profit-taking in April. The MSCI World index was down 3.7% for the month, reducing year-to-date gains to +4.5%. In the U.S., the S&P 500 index turned negative [...]

The year 2024 began in continuity from the last months of 2023 amid confirmations in monetary policy stance and further complications in geopolitical tensions. The Federal Reserve kept rates unchanged and adopted a slightly more restrictive tone, ruling out [...]

The November rally was extended in December, taking the major stock indices to their highest levels since early 2022. The recovery in financial markets is mainly attributable to central bank communications and macro data. Central bankers seem to be [...]