Markets still positive, with interviews and macro data

Eurizon Weekly, 19 May 2025. The week opened with markets, particularly equity markets, quickly pricing in the positive developments in the China/US tariff talks and seeming ready to turn the page on this highly volatile phase to move on to the next item on Trump's electoral agenda – tax reform. Slight rise for US and European rates as they grapple with the new potential scenario of expansionary fiscal policy in the two geographical areas. The dollar continues to recover. The assessment of the actual impacts of tariff volatility on the real economy and expansionary fiscal policies remain key areas of attention for investors. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 19 May 2025.