Podcast Exploring Themes Driving Global Markets, Nomura - The Week Ahead

Nomura – The Week Ahead

Podcast Exploring Themes Driving Global Markets

Nomura - The Week Ahead

We explore the main themes that will drive global markets over the coming week, discussing the key market moving events and risks to keep on your radar.

Cross Asset Strategy

<ul><li>German fiscal announcement leads to increase in bond yields and euro rally</li><li>US implements 25% tariffs on Canada and Mexico, additional tariffs on China</li><li>China retaliates with tariffs on US energy products and adding American firms to unreliable entity list</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

German fiscal announcement leads to increase in bond yields and euro rallyUS implements 25% tariffs on Canada and Mexico, additional tariffs on ChinaChina retaliates with tariffs on US energy products and adding American firms to unreliable entity listThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The Week Ahead – Tariffs Kick In; Europe Kicks Off With Fiscal Easing

Podcast of business and financial stories, Behind the Money

Behind the Money

Podcast of business and financial stories

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world.

<ul>
<li>President Claudia Sheinbaum took office in October, inheriting a delicate economic situation from her popular predecessor Andres Manuel Lopez Obrador.</li>
<li>Many lower income people in Mexico are benefiting from higher wages and government social programs, but others, particularly middle and higher income earners, feel stagnant economic growth and uncertainty due to US tariff threats.</li>
<li>The relationship between Mexico and the US, along with Sheinbaum's plans and the ability to attract outside investment, will be key factors in Mexico's economic growth under her leadership.</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


President Claudia Sheinbaum took office in October, inheriting a delicate economic situation from her popular predecessor Andres Manuel Lopez Obrador.
Many lower income people in Mexico are benefiting from higher wages and government social programs, but others, particularly middle and higher income earners, feel stagnant economic growth and uncertainty due to US tariff threats.
The relationship between Mexico and the US, along with Sheinbaum's plans and the ability to attract outside investment, will be key factors in Mexico's economic growth under her leadership.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Mexico faces a deficit – and Donald Trump

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

<ul><li>The cyclical rotation is slowly but slowly rolling and if central banks add rate cuts to this mix, we are staring directly into the melt up.</li><li>Welcome to our weekly Portfolio Watch, where we assess the tradeable themes and discuss our portfolio composition.</li><li>In this revamped version of the series, we will touch upon the developments in our Macro Alpha Portfolio and our Digital Assets Portfolio.</li></ul>

The cyclical rotation is slowly but slowly rolling and if central banks add rate cuts to this mix, we are staring directly into the melt up.Welcome to our weekly Portfolio Watch, where we assess the tradeable themes and discuss our portfolio composition.In this revamped version of the series, we will touch upon the developments in our Macro Alpha Portfolio and our Digital Assets Portfolio.

Portfolio Watch: What if We Add a Rate Cut to This Fire..

Head of Research, Steno Research

Emil Moller

Head of Research

Macroeconomics

<ul>
<li>Increased freight rates could lead significant players in China to delay imports and turn to local demand, depleting existing stockpiles.</li>
<li>In the US, rising goods inflation might contribute to reversing the disinflation trade or, at the very least, establish a floor for yields.</li>
<li>These factors create a challenging scenario for emerging markets, as they face potential inflationary pressures and reduced exports.</li>
</ul>


Increased freight rates could lead significant players in China to delay imports and turn to local demand, depleting existing stockpiles.
In the US, rising goods inflation might contribute to reversing the disinflation trade or, at the very least, establish a floor for yields.
These factors create a challenging scenario for emerging markets, as they face potential inflationary pressures and reduced exports.


EM by EM #38: Inflation Returning with a Vengeance?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>Recent developments have continued to reinforce our bullish outlook on global equities (MSCI ACWI).</li>
<li>There is no reason to fight this bullish trend, and we continue to expect more upside into the early part of 2024.</li>
<li>Upgrading Mexico to Overweight; Technology Remains Global Leadership; Actionable Themes: 44 individual stock buy recommendations within Technology, Services, Consumer Discretionary, Financials, and Materials</li>
</ul>


Recent developments have continued to reinforce our bullish outlook on global equities (MSCI ACWI).
There is no reason to fight this bullish trend, and we continue to expect more upside into the early part of 2024.
Upgrading Mexico to Overweight; Technology Remains Global Leadership; Actionable Themes: 44 individual stock buy recommendations within Technology, Services, Consumer Discretionary, Financials, and Materials


Upgrading Mexico to Overweight; Technology Remains Global Leadership; Overall Bullish Outlook Intact

United States

iShares MSCI Mexico ETF is an exchange-traded fund incorporated in the USA. The ETF's objective seeks to provide investment results that correspond to the performance of the MSCI Mexico IMI 25/50 Index.

iShares MSCI Mexico ETF (EWW US)

The Week Ahead – Tariffs Kick In; Europe Kicks Off With Fiscal Easing

German Chancellor Mertz vows to tackle economic challenges as German bond yields rise, Euro strengthens, and U.S. enacts tariffs on Canada, Mexico,...

Nomura – The Week Ahead

Mexico faces a deficit – and Donald Trump

faces the difficult task of balancing the needs of different economic sectors while also navigating potential conflicts with foreign leaders like...

Behind the Money

Portfolio Watch: What if We Add a Rate Cut to This Fire..

The cyclical rotation is slowly but slowly rolling and if central banks add rate cuts to this mix, we are staring directly into the melt...

Steno Research

EM by EM #38: Inflation Returning with a Vengeance?

Increased freight rates could lead significant players in China to delay imports and turn to local demand, depleting existing stockpiles. In the...

Steno Research

Upgrading Mexico to Overweight; Technology Remains Global Leadership; Overall Bullish Outlook Intact

Upgrading Mexico $EWW to Overweight; Bullish Outlook Intact on $ACWI; Technology Remains Global Leadership. 44 individual buys highlighted in Tech,...

Vermilion Research