The Oil Shock and the Global Policy Response

In this episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines to discuss the key macro themes shaping markets in the days ahead.They begin with the UK, where weaker growth forecasts, fiscal pressure, and stagflation concerns continue to weigh on the outlook. From there, the conversation turns to Europe, where the debate centres on how policymakers should respond to the energy shock and what that could mean for ECB rate expectations.Neil also looks across the global landscape, highlighting upcoming PMI data, German sentiment surveys, and central bank decisions from several major emerging markets. In the US, attention shifts to retail sales, earnings season, and the confirmation hearing for Fed Chair nominee Kevin Warsh, which could prove important for market expectations around rates, risk assets, and the dollar.The episode closes, as ever, with a lighter look at the sporting weekend ahead.In this episode: Why the UK outlook remains under pressure  What the energy shock means for Europe and ECB pricing  The global importance of flash PMIs and central bank decisions  Why next week’s US policy focus may matter more than the data  Neil’s long and short for the weekend ahead Recorded for professional investors. Views were accurate at the time of recording.The opinions expressed in this podcast are those of the presenters and do not necessarily reflect the views of Eurizon SLJ Capital, Eurizon Capital, or the Intesa Sanpaolo Group. The information and opinions shared are intended solely for professional investors and should not be relied upon by other investors. Please note that the information provided in this recording is for informational purposes only and is not intended to be complete or constitute an offer to buy or sell securities or any derivatives. It has not been prepared in accordance with legal and regulatory requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research. It does not constitute research on investment matters and should not be construed as containing any recommendation, advice or suggestion, implicit or explicit, for any investment strategy or financial instruments, the issuers of any financial instruments, or a solicitation, offer or financial promotion relating to any securities or investments. ESLJ and its affiliates do not assume any liability whatsoever for the contents of this podcast and do not make any representation or warranty as to the accuracy or completeness of any information contained in this communication.