News


European Views: A Faster ECB Exit

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1. Growth across the Euro area has so far held up better than expected since the onset of the war in Ukraine. The flash PMIs surprised notably to the upside in April, with the composite index moving up to a 7-month high. While manufacturing momentum moderated—driven by Germany—growth in services… Read More »


Macron’s re-election is positive for French assets

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Emmanuel Macron won French presidential elections: In Sunday’s second-round runoff, Macron defeated far-right National Front leader Marine Le Pen by 58.5% to 41.5%, confirming his leader in the most recent polls. However, the outcome in the second round was much narrower than in 2017 and the abstention rate was put… Read More »


Macron’s re-election reassures on policy continuity, but reform doubts hang over credit outlook

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President Emmanuel Macron was re-elected for a second term as expected, but the relatively narrow margin of victory over far-right challenger Marine Le Pen raises questions over the popular support for his reform agenda. “The biggest uncertainty at present is to know whether President Macron will be able to renew… Read More »


European Daily: French Presidential Election—A Decisive Moment for France’s Policy Path

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Incumbent President Emmanuel Macron will face far-right candidate Marine Le Pen in the run-off for the presidential election this coming Sunday (April 24). Yesterday’s televised debate between the two contenders was seen as somewhat balanced and has yet to shift voter sentiment. The latest opinion polls continue to point to… Read More »



Why has the Ukraine war put a spotlight on cybersecurity and the energy transition?

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The war in Ukraine has catalysed two important megatrends – the growing need for cybersecurity, and the transition towards green energy. Why cybersecurity? Why now? The guidance from the United States Cybersecurity & Infrastructure Security Agency (CISA) for organisations, since the conflict started, is ‘shields up’ (see figure below). CISA… Read More »



WisdomTree European thematic quarterly update

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Thematic universe overview AUM in thematic Exchange Traded Funds (“ETFs”) and open-ended funds stands at $289 billion as of end of March 2022. ETFs’ market share hovers around 13%, with a total AUM of $44 billion. Flows have remained positive in Q1 2022, with $7.3 billion across ETFs and open-ended… Read More »


Why we still like stocks as yields spike

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• We prefer equities even as bond yields have sprinted higher. Global growth is still solid, and we see central banks ultimately living with inflation. • U.S. 10-year yields hit new three-year highs last week, and stocks fell. The European Central Bank affirmed our view it will normalize policy very… Read More »