08
Jun
Likely economic slowdown in Q2 and Q3. Consumer confidence subdued. Return of inflation. BoJ pivot anticipated. Rate market tensions. Easing pressure on the yen. Nikkei consolidation. Key points Strengthening economic momentum in Q1 An uncertain Q2 caught between energy shock and wage surge Mixed indicators at the heart of Q2 and Q3 tensions Household confidence [...]
05
Jun
The probability of an El Niño episode in 2026 is rising sharply according to leading international meteorological agencies. Historically, this phenomenon is associated with disruptions to rainfall patterns in Asia and Latin America, with potential consequences [...] Rising tensions on commodities Discover our Investment Flash down below: Read more To make sure you don't miss [...]
01
Jun
There is now a very high probability of an El Niño occurrence in 2026. Sugar, coffee, and rice are more vulnerable to climate disruptions. The agricultural commodities market is already weakened by the geopolitical situation. Who will be the indirect beneficiaries? Key points Understanding El Niño El Niño’s historical impact on agricultural commodities Rice, sugar, [...]
18
May
This week’s release of the U.S. price indexes for the month of April confirms fears of a trend reversal on the inflation front. These statistics, though expected to rise, nonetheless surprised forecasters, particularly due to [...] A game changer for monetary policies and markets Discover our Investment Flash down below: Read more To make sure [...]
07
May
It has now been nearly two months since the conflict between the United States, Israel, and Iran erupted, causing a major disruption in trade flows. This situation has led to a sharp rise in oil prices as well as tensions in [...] The AI value chain is becoming increasingly dependent on industrial factors Discover our [...]
27
Apr
Two months ago, we described the decline in the software sector as largely excessive and suggested that selective investments could already be considered. Today, developments over the past [...] From the fear of obsolescence to the reality of monetization Discover our Investment Flash down below: Read more To make sure you don't miss any of [...]
22
Apr
The Strait of Hormuz crisis has pushed short-term crude oil prices above $100/bbl, but our analysis suggests that even a full reopening of the strait in the coming weeks would not resolve the structural deficit that has widened. The aggressive shift by [...] No rapid, widespread recovery in supply following the crisis Discover our Investment [...]
20
Apr
After a 2025 in which gold (+64.5%) and silver (+147.9%) redefined the performance benchmarks for safe-haven assets, Q1 2026 marked the beginning of a much more complex transition phase. While the sector [...] The parabolic rally gives way, but the bull trend continues Discover our Investment Flash down below: Read more To make sure you [...]
17
Apr
The oil shock is reigniting the stagflation scenario, which is becoming increasingly likely. Against a backdrop of economic slowdown and persistent inflation, the consumer staples sector is not only a safe haven but [...] A defensive strategy is essential in the face of rising stagflation risks Discover our Investment Flash down below: Read more To [...]
02
Apr
The oil shock threatens economic growth. Stagflation is the most likely scenario. Decline in consumption and investment. Rise in key interest rates. Negative outlook for bonds and stocks. The dollar is in demand. Key points Sharp slowdown in Q4 weighed down by the shutdown The oil shock already points to stagflation in Q1 Oil shock [...]
