Commentary by Monica Defend
4 themes driving markets:
- Markets remain highly sensitive to inflation.
- Global growth to remain reasonably resilient.
- Europe supported by a clearer ECB path.
- China aims to avoid a disruptive trade war.
Monthly Market Views: March 2025
2025_March_ Monthly Market Views_EN Long
Monthly Market Views: March 2025
Weekly Market Directions: Week of 17-21 March 2025
Central banks on hold as uncertainty mounts
Key takeaways:
- In light of rising economic headwinds from uncertainty around global trade, the Fed kept a wait-and-see approach.
- Rising uncertainty amid higher US tariffs was mentioned by the BoJ as a factor to keep rates on hold in March.
- The BoE also left rates unchanged in March due to ambiguity over international trade and a weakening domestic economy.
Weekly Market Directions: Week of 17-21 March 2025
Global Investment Views Infographic: March 2025
Global Investment Views Infographic: March 2025
Markets between love and fear
4 trends identified for the month ahead:
- Broadening of the rally to Europe and India
- Government bonds may offer respite in times of stress
- Quality could make all the difference in credit
- EM yields may boost returns
Amundi Investment Institute
The Amundi Investment Institute platform combines an explanation of what’s going on in the economy and markets with implications for investors. They produce a range of regular and ad-hoc publications tailored to a wide range of readers.
*Diversification does not guarantee a profit or protect against losses.
Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 08 May 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.
Date of first use: 1 July 2024
Marketing Communication