Report
Emilie TETARD

Enjoy the pre-tapering era

Editorial Lately, the mood has been to range trading, with two constants: 1) risk appetite by default. Our Risk Perception Indicator has just hit a low of 15%, while equities are on track for a fourth consecutive month of rises, and 2) confidence in the message hammered out by the Fed, that inflation is transitory and that tapering is not yet imminent . At the end of the week, however, we have witnessed a return to cyclical rotation, to the upward directional in commodities and rates curves steepening. Will the NFP be the spark next week for another bull acceleration?
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Emilie TETARD

Other Reports from Natixis
Alicia Garcia Herrero
  • Alicia Garcia Herrero

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