Eurizon SLJ Capital

Matt Jones is joined by Neil Staines, Senior Portfolio Manager at Eurizon SLJ Capital, to discuss the macroeconomic themes shaping the week ahead for professional investors.This week’s conversation covers UK political volatility following the local elections, the fiscal implications for gilt markets, and the outlook for UK assets as markets await Q1 GDP. Neil explains why Eurizon SLJ remains less optimistic than the market on UK growth, and why Bank of England rate cuts in 2026 may remain on the table.The discussion also turns to the global macro backdrop, where a potential US-Iran off-ramp has helped reduce the energy risk premium and supported market sentiment. However, Neil highlights a widening pattern of regional and sectoral differentiation, with Korea, Taiwan and the US benefiting from the AI semiconductor and memory CapEx cycle, while Europe remains more exposed to the energy shock.Looking ahead, key data and events include Eurozone sentiment indicators, Australia confidence data after the RBA’s latest rate hike, China CPI and PPI, the Trump-Xi meeting, and a major week of US data including payrolls, CPI, retail sales and Empire Manufacturing.Neil also shares his long and short calls for the week: long the hope of a possible reopening of the Strait of Hormuz, and short the hope of a near-term UK economic recovery.For professional investors only.Chapter markers00:00 Welcome and introductions 00:29 UK politics and gilt market implications 01:17 The oil shock, UK GDP and Bank of England policy 02:20 Global markets and the return of differentiation 03:18 Eurozone, Australia and China watchlist 04:33 US data, inflation and Fed focus 06:18 Weekend sports watchlist 07:15 Long and short calls 07:40 Wrap-up and disclosuresThe 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. 

Matt Jones is joined by Neil Staines, Senior Portfolio Manager at Eurizon SLJ Capital, to preview the macro themes shaping the week ahead.This episode focuses on how persistent oil-price shocks could affect global monetary policy. Neil discusses the Bank of England’s warning that higher oil prices may imply a tighter policy path, the underlying weakness in the UK economy, and the added market uncertainty around local elections.The conversation also covers the Bank of Japan, yen weakness and MOF intervention, the ECB’s rate-hike outlook, and the key US data to watch, including non-farm payrolls, JOLTS, ADP and ISM. With the Fed on hold, oil, inflation risks and demand trends remain central to the policy outlook.To close, Matt and Neil look ahead to the UK bank holiday weekend, including football, the Snooker World Championship, Formula One’s return at the Miami Grand Prix, and Charles Leclerc’s reported golfing masterclass from Rickie Fowler before getting back to a different kind of driving.Key topics: Bank of England, oil prices, ECB, Bank of Japan, Fed, US payrolls, yen intervention, ISM, AI CapEx, Formula One.Chapters: 00:00 Welcome and introductions 00:29 UK week ahead 02:24 Global central banks 04:26 US payroll week 06:30 Bank holiday banter 07:31 Long and short picks 07:57 Wrap-up and disclosuresThe 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. 

This week marks the fifth anniversary of The Long and Short of the Week Ahead.In this milestone episode, Matt Jones is joined by Neil Staines to discuss a busy week for global macro markets, with central banks, inflation, oil prices, and political uncertainty all in focus.Neil looks at the UK after a volatile week for politics and data, assessing what recent inflation, labour market, and retail sales figures could mean for the Bank of England. He then turns to a packed global central bank calendar, including the Bank of Japan, Bank of Canada, ECB, and Fed, where markets will be watching closely for signals on the balance between inflation risks and growth concerns.The discussion also covers the US macro outlook, the final stages of Jerome Powell’s tenure at the Fed, key data releases, major technology earnings, and the wider implications of the oil shock for the global economy.Finally, Matt and Neil look ahead to the weekend, including the London Marathon, the Women’s Six Nations, the Premier League relegation battle, and this week’s long and short.Key topics covered The fifth anniversary of The Long and Short of the Week Ahead UK inflation, retail sales, unemployment, and political volatility  What to expect from the Bank of England  Global central bank meetings, including the Bank of Japan, ECB, Bank of Canada, and Fed  The impact of higher oil prices on inflation and growth  US consumer confidence, Q1 GDP, and ISM manufacturing  Major technology earnings from Google, Meta, Microsoft, Qualcomm, and Apple  The London Marathon, Women’s Six Nations, and Premier League footballThe 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. 

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. 

Matt Jones and Neil Staines discuss the macro themes for the week ahead after a volatile week for central banks and markets amid uncertainty around the Iran situation. In the UK, the Bank of England held rates, struck a more hawkish tone with a 9–0 vote, and stressed inflation risks from elevated energy prices, though growth vulnerability and rising unemployment risks keep a high bar for hikes and support an ultimately needed, delayed rate-cut path; upcoming UK CPI and retail sales are key. Globally, the ECB, SNB, Riksbank, and Bank of Canada also held rates while balancing upside inflation and downside growth risks; the Bank of Japan stayed on a hawkish path; and the RBA hiked to 4.1%. Next week features global flash PMIs, Aussie CPI, German IFO, and ECB commentary. In the US, the Fed held rates with mildly dovish projections but a hawkish press conference; attention turns to Trump, risk assets, oil, Treasuries, and eased big-bank capital requirements.00:00 Show Intro00:27 UK Outlook BoE02:36 Global Central Banks04:32 Week Ahead Data05:23 US After FOMC07:28 Weekend Sports Talk08:15 Long And Short Picks08:30 Wrap Up And DisclosuresThe 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. 

Matt Jones and Neil Staines discuss a complex global macro backdrop dominated by the Iran conflict’s impact on oil, inflation expectations, yields, equities, and growth, with market focus shifting to a heavy week of central bank meetings. In the UK, weak sales, house prices, and a softer January GDP print reinforce growth concerns; despite markets repricing toward possible Bank of England hikes, Staines sees a high bar given weakening growth and reduced fiscal space, though statement language will be closely parsed. Elsewhere, the RBA is expected to bring forward a 25bp hike, while the Bank of Canada, SNB, Riksbank, and ECB are broadly expected to hold rates amid differing inflation and growth dynamics. The Fed is seen as most consequential, with unchanged rates expected but close attention on updated projections and dots amid a weaker revised Q4 GDP and ongoing geopolitical risks.00:00 Welcome and Setup00:27 UK Outlook and BoE Watch02:24 Global Central Bank Roundup05:19 Fed Focus and US Data07:19 Weekend Watchlist Sports08:32 Long and Short Picks08:52 Wrap Up and DisclosuresThe 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. 

Matt Jones and Neil Staines discuss the macro themes for the week ahead against major uncertainty from the Middle East conflict, noting it is likely to dominate sentiment and positioning while they limit forecasts to the macroeconomy. In the UK, the Spring Statement brought no policy change but updated OBR projections: 2026 growth cut to 1.1% (from 1.4%), peak unemployment lifted to 5.3% (from 4.9%), and inflation lowered to 2.3%. The fiscal outlook also improved via higher projected revenues and lower debt funding costs due to a lower yield curve, though they remain skeptical given January tax effects and the sensitivity of public finances to moves in rates following developments around Iran. January UK GDP is the key domestic release. Globally, with the BoE and ECB entering blackout periods ahead of meetings on the 19th (and the FOMC ahead of the 18th), focus includes Eurozone investor confidence and industrial production, Isabel Schnabel’s remarks, China’s CPI/PPI amid limited domestic-demand messaging from Two Sessions, and inflation releases across several EMs alongside Hungary minutes and a Turkey rate decision. In the US, February CPI, the trade balance, PCE, and JOLTS are key, with oil’s impact on inflation and expectations central.00:00 Show Intro00:27 Middle East Backdrop01:12 UK Spring Statement02:27 UK GDP Watch02:50 Global Data Radar03:14 Europe And Energy03:41 China Inflation Focus04:48 US CPI And Oil06:41 Weekend Sports Picks07:29 Long And Short Signoff07:57 Closing DisclosuresThe 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. 

Matt Jones and Neil Staines discuss a global macro backdrop where markets appear calm at the headline level but show significant divergence underneath, including record-high equity dispersion, private credit uncertainty despite tight spreads, and varied European inflation and growth dynamics alongside flat ECB rate expectations. They preview a busier week of data: Australia’s inflation gauge, GDP and trade (watched for expectations of one more RBA hike); Europe’s February CPI, unemployment, retail sales, and final manufacturing and services PMIs; and China’s “Two Sessions,” including growth targets and the 15th five-year plan. They also flag CPI releases across multiple emerging markets. In the US, focus is on ISM manufacturing and services, the Beige Book, ADP, and Friday payrolls, where a surprise could have an outsized market impact.00:00 Welcome and Introductions00:27 Calm Markets Hidden Divergence02:14 Key Global Data Week Ahead03:48 US Data and Payrolls Focus05:25 Weekend Watch Sports Picks06:14 Long and Short Takeaways06:33 Closing and DisclosuresThe 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. 

 Matt Jones and Neil Staines discuss macro themes for the week ahead for professional investors. In the UK, recent data show unemployment at a new cycle high of 5.2% (above COVID highs), conflicting private vs public pay trends, and CPI signals of underlying weakness as administered prices drop out of annual comparisons; inflation is expected to return to target by mid-year, and UK 10-year yields are ~25 bps lower over two weeks. Next week’s UK watchpoints include consumer confidence and comments from MPC members at both dovish and hawkish ends, as markets debate whether the next rate cut is in March or April; Eurizon SLJ expects sooner and faster cuts than the MPC/market. In Australia, RBA minutes were non-committal but hawkish amid wages and high unit labour costs; January CPI next week will be key for assessing hike urgency. Other global items include Germany’s February CPI and retail sales, Japan’s retail sales and industrial production plus fiscal-plan commentary, multiple employment reports (Poland, Mexico, Turkey, Hungary, Colombia), a South Korean central bank rate decision, and South Africa’s budget. In the US, FOMC minutes suggest a shift away from labour-market risks back toward inflation risks as growth stays robust; geopolitical risks (including the Iran standoff) and higher oil prices, AI capex monetisation concerns, software brokerage disruption, private credit contagion worries, and NVIDIA earnings are highlighted amid a light data calendar, with volatility still viewed as cheap. 00:00 Welcome & What to Watch in the Week Ahead00:27 UK Macro Update: Jobs, Inflation, Yields & BoE Cut Timing02:22 Australia in Focus: RBA Minutes, Wages & Next Week’s CPI03:18 Global Roundup: Europe, Japan, EM Data & Key Central Bank Events04:01 US Outlook: FOMC Tone Shift, Geopolitics, AI/Earnings & Volatility05:35 Weekend Sports Preview: Football, Curling, Cricket & Six Nations07:00 Closing Thanks & Important DisclaimersThe 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. 

In this episode of The Long and Short of the Week Ahead (Eurizon SLJ Capital), Matt Jones is joined by Neil Staines to break down the macro themes set to matter most for professional investors.The UK remains front and centre, with the employment report, January CPI and retail sales providing key inputs for Bank of England expectations. The conversation then shifts globally, focusing on Australia’s policy outlook via RBA minutes and labour market data, and New Zealand’s rate decision and guidance. In the US, attention turns to the trade balance and Q4 GDP, alongside signs markets may be drifting toward a higher-volatility regime amid AI-related cross-currents.The episode closes with a quick look at the weekend sporting calendar and Neil’s long/short for the weekend.Chapters 00:00 Introduction and welcome 00:27 UK outlook: jobs, CPI and retail sales 02:20 Global: Australia, New Zealand, Europe and EM 04:06 US: trade balance, Q4 GDP and volatility 06:29 Weekend sports highlights 07:51 Conclusion and sign-offThe 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. 

Matt Jones (Eurizon SLJ Capital) is joined by Senior Portfolio Manager Neil Staines to map the week ahead across rates, data, and event risk. They unpack the Bank of England’s latest signals, the key UK releases to watch, ECB messaging and the role of FX, and a global run of inflation prints including China. In the US, attention turns to the rescheduled non-farm payrolls and CPI, with potential implications for the Fed’s reaction function. They finish with a quick weekend sports preview.In this episodeUK: Bank of England signals and what matters next in UK data (Q4 GDP, industrial production, trade)Europe: ECB messaging, FX focus, and Eurozone GDPGlobal: China CPI/PPI and inflation readings across key emerging marketsUS: delayed non-farm payrolls and CPI, and what they could mean for policy expectationsWeekend watch: football, F1 testing, T20 World Cup, and Six Nations rugbyChapters 00:00 Introduction and Welcome 00:27 Bank of England’s Recent Developments 02:35 Global Economic Highlights 04:49 US Economic Updates 06:30 Weekend Sports Preview 07:43 Conclusion and Sign-offAbout the show The Long and Short of the Week Ahead is a weekly macro podcast from Eurizon SLJ Capital, designed for professional investors.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. 

In this episode of The Long and Short of the Week Ahead, Matt Jones and Neil Staines run through the key macro themes for the days ahead, from Bank of England projections and UK policy signals to global central bank watchpoints, China PMI data, and a US calendar that culminates in non-farm payrolls.What we coverUK policy week: the Bank of England meeting, updated projections, and the inflation pathMarket pricing versus expectations for the UK rate-cut trajectoryGlobal central banks in focus, including the Reserve Bank of Australia and European Central BankChina’s PMI data as an early read on activity and sentiment into 2026A data-heavy US week: ISM, JOLTS, ADP, ISM Services, and non-farm payrollsKey global inflation prints and what they imply for central bank reaction functions across DM and EMA quick weekend sports preview to closeChapters / timestamps 00:00 Introduction and welcome 00:27 Focus on the Bank of England 02:21 Global macro calendar highlights 04:18 US economic outlook 06:37 Weekend sports preview 07:44 Conclusion and sign-offAbout the show The Long and Short of the Week Ahead is a podcast from Eurizon SLJ Capital examining the macro themes shaping markets.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. 

In this episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines to map the key macro catalysts investors are watching.They start in Japan, where the February 8 general election announcement, renewed fiscal debate, and long-end JGB moves have put policy credibility and FX dynamics back in focus, alongside rising speculation around Ministry of Finance intervention risk in USD/JPY. The conversation then turns global, with a packed calendar of central bank decisions across DM and EM, before finishing in the US with the FOMC meeting, the key themes to listen for from Chair Powell, and a major week of earnings led by large-cap tech.What we coverJapan: election timing, fiscal expectations, JGB volatility, and USD/JPY intervention riskGlobal central banks: a busy week for policy decisions, including Canada, Sweden, Hungary, Chile, Brazil, and South AfricaUS: the Fed meeting, the press conference focus, and heavyweight earnings (Microsoft, Tesla, Meta, Apple)Weekend watch: sport highlights and a look ahead to rugby and cricketChapters 00:00 Introduction and welcome 00:27 Japan: election, fiscal concerns, JGBs and USD/JPY 02:51 Global central bank week ahead 04:49 US: Fed meeting and major earnings 06:38 Weekend sports highlights 07:38 Closing remarks and disclaimersFor professional investors only.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. 

In this episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines to discuss the key macro signals markets are likely to focus on next week, with Davos, major data releases, and earnings season shaping the agenda.The conversation covers the UK’s crucial run of releases, China’s growth and activity data, Australia and Europe’s policy-sensitive prints, and why the US narrative may be driven as much by geopolitics and messaging as by the data calendar.Key topics discussed include:Why UK jobs, CPI, and retail sales are a key barometer for whether UK weakness is underpricedWhat China Q4 GDP, Australia inflation and employment, Germany’s ZEW, and global flash PMIs signal about momentum and policy debateWhat to watch in the US across earnings, key revisions and indicators, and Davos-driven headline risk around the dollar, tariffs, energy, and geopoliticsThe 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. 

In this episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines to discuss the latest inflation data, central bank signals, and what they mean for the global rate outlook in 2026.The conversation covers the UK macro backdrop, key global inflation prints, and why upcoming data will be critical for the Fed, the Bank of England, and other major central banks as markets reassess rate expectations.Key topics discussed include:How weak demand and political dynamics are shaping the UK outlook and Bank of England expectationsWhy global inflation prints and domestic demand data matter for policy decisions in Australia, Europe, and emerging marketsWhat US inflation, GDP momentum, and Fed communication mean for rate cut pricing and global macro sentimentWith inflation data, earnings season, and central bank speakers all in focus, this episode outlines the macro signals investors should be watching closely in the week ahead.Recorded for professional investors.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. 

In this episode of The Long and Short of the Week Ahead podcast by Eurizon SLJ Capital, host Matt Jones speaks with Senior Portfolio Manager Neil Staines about the global macroeconomic outlook for 2026 and the key market drivers shaping the year ahead.The discussion explores expectations for continued disinflation following 2025, the Federal Reserve’s policy outlook and interest rate expectations, and the implications for global markets. Neil outlines why this environment may remain broadly supportive for equities and bonds, while the US dollar faces relative pressure, particularly against Asian currencies.The episode focuses on four core macro themes for 2026: inflation trends and emerging price risks; credit spreads following significant compression in 2025; equity market drivers, including AI capital expenditure and monetisation; and global bond market dynamics such as fiscal policy, central bank independence, and supply–demand imbalances.Looking ahead to the week, the conversation highlights key economic data releases, with a strong emphasis on global inflation data across major developed and emerging economies, alongside critical US indicators including ISM surveys, labour market data, and non-farm payrolls. The episode concludes with a brief look at weekend sporting fixtures and the hosts’ long and short picks as 2026 gets underway. 00:00 Introduction and Welcome 00:46 Global Macro Outlook for 2026 01:43 Key Macro Themes: Inflation, Credit, Equities, and Bonds 03:17 Global Inflation Data and Economic Releases 04:42 US Economic Data, the Fed, and Labour Markets 07:34 Weekend Sports Highlights 08:21 Long and Short Picks for 2026 08:40 Conclusion and Closing Remarks 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. 

In this episode of 'The Long and Short of the Week Ahead', Matt Jones and Neil Staines from Eurizon SLJ Capital provide an in-depth analysis of the upcoming macroeconomic themes. Key highlights include the impact of the recent FOMC meeting on US rates and the dollar, anticipated economic data from Japan, Europe, Australia, and China, as well as central bank meetings in Indonesia, Mexico, Russia, and Colombia. The episode also examines the UK’s economic state and expectations for the Bank of England's next moves. Additionally, listeners get a preview of the upcoming sports events including Premier League matches, the end of the Formula One season, and England’s cricket tour in Australia.00:00 Introduction and Welcome00:27 US Economic Outlook: FOMC Insights02:28 Global Economic Highlights04:18 UK Economic Focus06:03 Weekend Sports and Events06:48 Final Thoughts and FarewellThe 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. 

In this week's episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, hosts Matt Jones and Neil Staines delve into the upcoming global central bank meetings and their potential impact on monetary policy. With notable rate cuts from India and Poland, anticipated decisions from the RBA, Bank of Canada, Swiss National Bank, and emerging market banks like Brazil and Turkey, the episode provides comprehensive insights. Japan, China, Australia, and the UK's economic data are analysed for their impact on global markets. The discussion also previews the US Federal Reserve's forthcoming FOMC meeting and its fiscal implications for 2026. In closing, Matt and Neil touch on key weekend sports events, including Formula One, Premier League football, and the Ashes cricket series.00:00 Introduction and Welcome00:38 Global Monetary Policy Overview02:53 Focus on Japan and China03:41 UK and US Economic Outlook05:55 Weekend Sports Highlights07:11 Conclusion and Sign-OffThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones and Neil Staines from Eurizon SLJ Capital discuss the macroeconomic themes expected in the upcoming week. Key topics include the recent UK CPI data and the anticipated fiscal policies in the UK's budget, as well as notable economic updates from Europe, Japan, Australia, and the US. The podcast also touches on potential market volatility leading up to Thanksgiving and the upcoming sporting events over the weekend.00:00 Introduction and Welcome00:27 UK Macroeconomic Overview02:20 Global Macroeconomic Highlights03:58 US Economic Outlook05:36 Weekend Sports Preview06:50 Conclusion and Sign-offThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones and Neil Staines discuss key macroeconomic themes and market forecasts for professional investors. They focus on the UK's upcoming budget, potential fiscal impacts, and future economic projections. The discussion also covers European Central Bank policies, the Reserve Bank of Australia's hawkish stance, global PMI data, and anticipated economic indicators from the US post-government shutdown. Additional insights include economic updates from Poland, Chile, Colombia, Indonesia, and South Africa. Lastly, they touch on upcoming leadership events in sports, including football qualifiers, Formula One, boxing matches, and rugby games.00:00 Introduction and Welcome00:27 Focus on the UK Economy02:26 European and Global Economic Outlook04:23 US Economic Updates Post-Government Shutdown06:08 Exciting Weekend Sports Preview07:18 Conclusion and Closing RemarksThe 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. 

In this week's episode of 'The Long and Short of the Week Ahead,' Matt Jones, Head of Distribution at Eurizon SLJ Capital, is joined by Neil Staines, Senior Portfolio Manager, to discuss key macroeconomic themes. They analyze the Bank of England's decision to leave rates unchanged and its implications for UK growth. Global economic indicators from China, Australia, Europe, and the USA are also reviewed, including employment reports, GDP estimates, and inflation data. The episode concludes with a look at upcoming sports events and the anticipation surrounding them.00:00 Introduction and Welcome00:27 UK Macroeconomic Outlook and Bank of England02:09 Global Economic Indicators to Watch03:41 US Economic Update and Federal Data05:09 Weekend Sports Preview06:03 Conclusion and Closing RemarksThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones, Head of Distribution for Eurizon SLJ Capital, and Neil Staines, Senior Portfolio Manager, discuss recent developments in global monetary policies and their implications. They review actions by the ECB, Bank of Canada, and Bank of Japan, and look ahead to central bank announcements in various countries like Australia, Sweden, and the UK. The script also covers the latest from the Fed's FOMC meeting and concludes with a light-hearted take on upcoming sports events. The discussion is tailored for professional investors and provides insights into macroeconomic trends and forecasts.00:00 Introduction and Welcome00:28 Global Monetary Policy Overview02:54 Focus on the UK Economy04:35 Insights from the FOMC Meeting07:15 Weekend Sports Highlights08:37 Conclusion and Sign-OffThe 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. 

In this week's episode of 'The Long and Short of the Week Ahead' from Eurizon SLJ Capital, Matt Jones and Neil Staines discuss Europe's economic landscape, touching on the upcoming ECB meeting, German IFO, Q3 GDP, and CPI data. The global outlook includes central bank updates from Canada, Japan, Chile, and significant data releases from various countries. In the US, key topics include the delayed CPI print, FOMC meeting, rate cut expectations, and earnings reports from major companies. The episode concludes with a look at upcoming sports events and personal trade-offs for the weekend.00:00 Introduction and Welcome00:28 European Economic Outlook02:07 Global Economic Highlights03:34 US Economic Focus05:24 Weekend Sports Preview06:26 Closing Remarks and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones of Eurizon SLJ Capital discusses key macroeconomic themes with Neil Staines. They focus on the upcoming UK budget, significant economic data releases, and expectations for monetary policy. Globally, they examine Q3 earnings, geopolitical tensions, and economic indicators from New Zealand, Japan, and the ECB. The discussion also covers important US economic data and corporate earnings, as well as potential impacts on markets. They wrap up with a look at upcoming sports events, including football, cricket, and Formula One.00:00 Introduction and Welcome00:28 UK Economic Outlook01:58 Global Economic Trajectory03:40 US Economic and Political Landscape05:25 Weekend Sports Highlights06:32 Closing Remarks and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead', Matt Jones of Eurizon SLJ Capital is joined by Neil Staines to discuss upcoming macroeconomic themes for professional investors. They examine important UK economic data releases post-party conference season, including employment reports and the monthly GDP report. Globally, they highlight key data points from China, Europe, Australia, and emerging markets. The episode also addresses potential impacts of the US federal shutdown on data releases and upcoming Q3 earning season. To wrap up, they discuss weekend sports events, including World Cup qualifiers and the Women's World Cup Cricket. The episode aims to provide professional investors with critical insights for the week ahead.00:00 Introduction and Welcome00:28 UK Economic Outlook Post-Party Conference01:57 Global Economic Data Highlights03:24 US Economic Concerns Amid Federal Shutdown05:09 Weekend Sports and Personal Insights05:52 Conclusion and Closing RemarksThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones from Eurizon SLJ Capital and Neil Staines discuss the implications of Japan's LDP leadership election and the forthcoming economic data, including the quarterly Tankan survey and BoJ rate decision. The episode also explores key global economic events, focusing on German fiscal policy, European investor confidence, and inflation measures in Australia and New Zealand. The US economic outlook is highlighted amidst the ongoing government shutdown, with a focus on employment data and upcoming FOMC minutes. Entertainment and sports events for the weekend, including Premier League football and the Singapore Grand Prix, are also covered.00:00 Introduction and Welcome00:28 Japan's Economic Outlook and Political Changes02:15 Global Economic Data and Events03:56 US Economic Concerns Amid Government Shutdown05:44 Weekend Sports Highlights06:45 Conclusion and Closing RemarksThe 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. 

In this episode, Matt Jones and Neil Staines from Eurizon SLJ Capital discuss the significant macroeconomic themes for the upcoming week, focusing on major data releases and political events in Japan, global data from China, Australia, Switzerland, the Eurozone, and significant economic activities in the US, including the payroll data. They also touch upon the potential impact of these events on global markets. The episode concludes with an overview of key sports events, including cricket, rugby, football, golf, and Formula 1, offering a comprehensive guide for professional investors for the week ahead.00:00 Introduction and Overview00:40 Focus on Japan: Key Data and Political Events01:49 Global Market Highlights: Key Data Releases03:34 US Market Focus: Payroll Week and Key Events04:53 Weekend Sports and Events06:07 Conclusion and Closing RemarksThe 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. 

In this episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, Matt Jones and Neil Staines discuss key macroeconomic themes and monetary policy developments for professional investors. They analyse recent rate cuts by the Fed and other central banks, emphasising the implications for market trends and economic forecasts. The conversation also covers upcoming monetary policy decisions, expected data releases, and potential geopolitical influences, like the impact of Trump-Xi tariff discussions. The episode concludes with highlights of upcoming sporting events and personal predictions for the week.00:00 Introduction and Welcome00:28 Central Banks' Recent Actions02:20 Global Monetary Policy Overview02:46 Upcoming Economic Data and Events04:12 US Economic Focus05:36 Weekend Sports Highlights06:38 Closing RemarksThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones and Neil Staines from Eurizon SLJ Capital discuss macroeconomic themes for the upcoming week, with a focus on the UK's economic data and monetary policy, global growth dynamics, and the US Federal Reserve's actions. The discussion also touches on upcoming key economic indicators from China, Europe, and Australia. UK: Fiscal Tightening Delayed, Monetary Cuts DeferredA full suite of UK data lands next week: jobs, CPI, retail sales, and the Bank of England meeting.The budget delay means fiscal tightening won’t appear in BoE projections until February.December rate cuts remain possible, but a faster cutting cycle is now more likely in early 2026.Global: Complex Growth Dynamics Across RegionsUS CPI showed retailers’ weaker ability to pass on tariff costs, hinting at softer demand.China data (retail sales, industrial output, investment, jobs) will shape views on the recent equity rally.ECB signalled it is done cutting, while Japan, France, and the UK fiscal signals add to global uncertainty.US: Weakening Labour Market, Disinflation, and Fed CutsJobs data undershot, with a sharp downward revision to payrolls and rising jobless claims.PPI data highlighted weakening demand, reinforcing the disinflationary backdrop.The Fed is expected to cut 25bps, but focus shifts to projections, the dot plot, and Powell’s guidance.00:00 Introduction and Welcome00:28 UK Economic Outlook and Monetary Policy02:16 Global Growth Dynamics03:59 US Economic Data and Fed Policy06:58 Conclusion and Closing RemarksThe 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. 

In this week’s Long and Short of the Week Ahead, Matt Jones is joined by Senior Portfolio Manager Neil Staines to explore the macro themes shaping markets.Key discussion points:Fiscal politics in focus: France heads toward a confidence vote after parliament rejects a prudent budget, while the UK faces rising fiscal uncertainty with tax hikes looking more likely than spending cuts. Both countries felt the pressure of bond vigilantes, with curve steepening rippling into global markets.ECB policy backdrop: European inflation is back at target, and growth has stabilised, but divergence between the periphery and the German core complicates the outlook. With policy at neutral, the ECB is likely to hold steady, though tariff risks and council divisions remain key watchpoints.US growth and jobs: A pivotal payrolls report and upcoming CPI print will set the tone for the Fed. Growth remains below equilibrium but resilient, with labor market moderation offset by AI-related CapEx. The debate over cuts toward the 3% neutral rate continues.Plus: Neil shares his weekend picks — from cricket and football internationals to the US Open Tennis Finals and the Italian Grand Prix in Monza.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. 

In this week’s episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines, Senior Portfolio Manager at Eurizon SLJ Capital, to explore the macroeconomic themes shaping global markets.Topics covered include:United Kingdom: Fiscal deterioration comes into focus as speculation builds over how the Chancellor will address the public finances in the autumn budget. The prospect of sharp growth downgrades and pressure on the Bank of England to accelerate rate cuts.Europe & Japan: Political uncertainty in France and Japan, and its potential market implications. Eurozone inflation, retail sales, and the latest ECB commentary.United States: A pivotal week with ISM surveys and, most importantly, the labour market. JOLTS, ADP, and non-farm payrolls will dominate the macro narrative, with unemployment at critical levels for both markets and the Fed.Emerging Markets: Inflation updates across multiple EM economies and a potential policy cut from Poland.Weekend Outlook: A packed sporting calendar from Premier League football and the Women’s Rugby World Cup to Formula 1’s Dutch Grand Prix.Why it matters: This week’s data releases — particularly US payrolls — carry significant weight for monetary policy expectations and global market sentiment. With fiscal headwinds mounting in the UK and political risks rising in Europe and Japan, investors face a complex backdrop where growth, inflation, and policy paths remain tightly interlinked.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. 

In this week’s episode of The Long and Short of the Week Ahead, Matt Jones is joined by Neil Staines to explore the shifting global policy landscape following another complex week for markets.We look ahead to Jackson Hole, where central bankers gather against a backdrop of conflicting signals: slowing labour markets, tariff-driven inflation, and divergent regional challenges. While Powell’s Friday speech is the headline, Neil highlights why Bailey, Lagarde, and Ueda may ultimately carry the more interesting messages for markets this time.On the data front, a relatively quiet week still brings important releases, from the RBA minutes to German labour market indicators, Japanese retail sales, and the US PCE. Emerging market watchers will also note Polish unemployment, Mexican trade, and Czech and Indian GDP.Zooming out, the UK’s fiscal deterioration and budget outlook remain a central theme, while in the US, the unemployment rate, hovering near the 4.3–4.5% policy-sensitive threshold, anchors the debate. With signs of slowing wage growth and waning sectoral catch-up, labour market demand is increasingly under scrutiny.Neil also shares his weekend sporting highlights and closes with what he’s going long and short this bank holiday weekend.Key Topics This Week:Global central bank dynamics: Powell, Bailey, Lagarde, and UedaData highlights: RBA minutes, German labour market, US PCE, and EM releasesMacro focal points: UK fiscal tightening and US unemployment as the key policy triggersWeekend sport and Neil’s long & short callsThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones from Eurizon SLJ Capital engages with Neil Staines, Senior Portfolio Manager, to discuss recent macroeconomic data and its implications for global markets. They explore disappointing economic metrics from China and Germany, rate cuts from the RBA and the Bank of Thailand, and a dovish stance from the Norges Bank. They also analyse forthcoming trade data from the Eurozone and Japan, the impact of US tariffs, and the potential repercussions for growth and inflation on a global scale. The conversation includes insights into the UK’s GDP and employment figures, along with the anticipation of fiscal tightening. Additionally, they touch upon US inflation data and its potential effect on the Federal Reserve's future actions. The episode concludes with a brief discussion on upcoming sports events, showcasing a well-rounded end to the week’s analysis.00:00 Introduction and Welcome00:28 Global Economic Overview02:09 UK Economic Insights03:37 US Economic Data and Projections05:19 Weekend Sports Highlights06:15 Conclusion and Closing RemarksThe 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. 

In this episode of "The Long and Short of the Week Ahead," Matt Jones and Neil Staines discuss the latest macroeconomic themes impacting global markets. The conversation covers the implications of new US tariffs, the outlook for US and global growth, and key economic data releases to watch in the coming week. The hosts also analyse recent monetary policy decisions from the Bank of England and preview upcoming events in China and Australia. The episode wraps up with a lighthearted look at the weekend's sports highlights and the hosts' "long and short" picks.Key Topics:US tariffs: Impact on fiscal trajectory, inflation, and global growthUpcoming US economic data: CPI, PPI, retail salesChina: CPI/PPI data, stimulus measures, and economic indicatorsAustralia: RBA rate decision, labour market, and forward guidanceUK: Bank of England's historic rate cut vote, fiscal challenges, and inflation outlookSports roundup: Football, cricket, rugby, golf, and Formula 1Episode Highlights:The complex effects of US tariffs on both domestic and global economiesWhythe  upcoming US inflation and retail data are under close scrutinyChina's economic data as a barometer for global demandThe Bank of England's unusual voting process and its implications for UK monetary policyFiscal tightening in the UK and its impact on future rate decisionsWeekend sports picks and a friendly exchange about barbecue invitesNotable Quotes:"The US high-frequency macroeconomic data is now under a more acute scrutiny.""We see the prospect of a 50 basis point cut in November as high and rising.""Optimistically, we're gonna be long goals in the championship this weekend. And sadly, I'm currently very short on barbecue invites."Further Insights:For more analysis and insights, visit eurizonsljcapital.com.Disclaimer: The views expressed are those of the presenters and do not necessarily reflect those of Eurizon SLJ Capital, Eurizon Capital, or the Intesa Sanpaolo Group. This content is for professional investors only.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. 

In this week's episode of 'Long and Short of the Week Ahead,' presented by Eurizon SLJ Capital, Matt Jones and Neil Staines discuss key macroeconomic themes affecting the UK and global markets. They review recent UK headline inflation data, the rising unemployment rate, and consumer confidence indicators. Globally, they focus on Japan's political situation and its potential impact on interest rates, as well as upcoming minutes from the Reserve Bank of Australia and the European Central Bank's monetary policies. The episode also touches upon the light data calendar in the US, the intensifying trade negotiations, and an active earnings season. 00:00 Introduction and Welcome00:28 UK Economic Outlook02:03 Global Economic Insights03:41 US Economic Focus04:42 Upcoming Earnings and Trade Negotiations05:03 Weekend Sports Highlights06:24 Conclusion and Sign-offThe 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. 

This episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, hosted by Matt Jones and featuring Neil Staines, discusses the major macroeconomic themes and data releases anticipated for the coming week. The focus includes the implications of the recent US tariffs on Brazil and their potential impact on markets, inflation, and growth. The hosts also analyse global data from China, Germany, Australia, and Japan, and highlight important UK data releases and political developments. Additionally, the episode touches on the potential effects on financial markets and bank earnings. 00:00 Introduction and Welcome00:28 US Tariff and Trade Discussions02:43 Global Economic Data Highlights04:32 UK Economic Outlook07:24 Conclusion and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones from Eurizon SLJ Capital is joined by Neil Staines to discuss the macroeconomic themes expected to shape the coming week. They address potential rate cuts by the Bank of England, expected policy decisions from the RBA and RBNZ, and key data points from China and the Eurozone. The discussion also covers the implications of US economic data, fiscal policies, and the looming tariff deadline on July 9th. Additionally, the episode touches on upcoming sporting events, including cricket, football, Wimbledon, and the British Grand Prix.00:00 Introduction and Welcome00:29 Global Economic Outlook for the Week02:33 Focus on US Economic Dynamics04:15 Tariff Debates and Global Trade05:31 Weekend Sports Highlights06:52 Closing Remarks and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, Matt Jones and Neil Staines discuss the dominant macroeconomic themes and key financial market data for the upcoming week. They highlight the crucial updates in the US, including the ISM surveys and key employment statistics, such as non-farm payrolls. The discussion covers the ECB forum in Sintra, Portugal, where the world's central bankers will meet to discuss monetary policies. Key figures like ECB's Lagarde, the Fed's Powell, and Bank of England's Bailey will be closely monitored for their insights. The episode also touches on the likely impact of geopolitical events, US fiscal policies, and global trade negotiations. As the weekend approaches, notable sporting events such as Wimbledon, the FIFA Club World Cup, and the British and Irish Lions rugby tour are mentioned. Neil wraps up with a lighthearted take on personal plans for the weekend.00:00 Introduction and Overview00:41 Key US Economic Data to Watch02:47 Global Central Bankers' Meeting in Sintra04:44 Geopolitical and Fiscal Developments06:17 Weekend Sports and Events07:43 Conclusion and Final ThoughtsThe 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. 

In this episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, Matt Jones and Neil Staines discuss the upcoming week's macroeconomic themes with a focus on the UK and global financial markets. They highlight the economic challenges facing the UK, including job losses and weak GDP prints, and anticipate potential monetary policy actions from central banks like the Bank of England, Swiss National Bank, and the Fed. The episode also touches on significant global data releases from Japan, China, Germany, and Australia, and reflects on the pressures and expectations surrounding US monetary policy. Additionally, Matt and Neil share their sports highlights for the weekend.00:00 Introduction and Overview00:41 Focus on the UK Economy02:58 Global Central Banks' Announcements05:08 US Monetary Policy and the Fed07:02 Weekend Sports Highlights07:54 Conclusion and Closing RemarksThe 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. 

In this episode of 'The Long and Short of the Week Ahead' from Eurizon SLJ Capital, Matt Jones and Senior Portfolio Manager Neil Staines discuss anticipated macroeconomic themes. Key topics include the upcoming US employment report, the volatile financial markets sparked by the Trump-Musk confrontation, and ongoing trade negotiations involving the US, Japan, and India. They also delve into significant decisions by the European Central Bank (ECB), expected data points from the UK, and the current political backdrop in Poland. Additionally, the show ends on a lighter note discussing weekend sports and personal long and short positions.00:00 Introduction and Welcome00:29 US Economic Outlook and Key Events03:10 European Central Bank Decisions and Implications05:38 UK Economic Indicators and Projections08:23 Closing Remarks and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones of Eurizon SLJ Capital and Neil Staines discuss the flat trends in the dollar, bonds, and equities markets. They highlight key upcoming macroeconomic data that may clarify global economic trajectories, including PMI data from China and Eurozone's CPI and retail sales figures. The discussion also covers the anticipated ECB policy decisions and the crucial US economic data releases.  The insights provided are directed at professional investors, highlighting the importance of the forthcoming data in influencing market sentiment and economic outlooks.00:00 Market Overview and Introduction00:43 Global Macro Data Insights02:42 ECB Policy Expectations04:24 US Economic Data Highlights07:48 Conclusion and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones and Neil Staines from Eurizon SLJ Capital discuss the major macroeconomic themes for the upcoming week. Key highlights include insights into global fiscal and trade policies, a busy data schedule from Europe, Japan, and the US, and significant central bank meetings worldwide. They also cover upcoming financial reports and consumer confidence data. The discussion emphasises the importance of these factors for professional investors, focusing on market expectations and potential impacts.00:00 Introduction and Overview00:56 Eurozone Economic Indicators02:04 Global Trade and Market Focus02:30 Central Banks and Monetary Policy03:48 US Economic Outlook06:59 Closing Remarks and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones, Head of Distribution for Eurizon SLJ Capital, is joined by Neil Staines, Senior Portfolio Manager. They delve into recent and upcoming macroeconomic data, including key trade deals and economic indicators from the UK, as well as global data from China, Australia, the Eurozone, and Japan. The episode is intended for professional investors and provides insightful analysis of the economic landscape for the week ahead.Key points:UK resilience meets looming headwinds – Strong Q1 GDP and firm wage growth contrast with impending tax hikes and still-tight monetary policy.Global data deluge – From China’s April activity suite to Japan’s CPI, markets will parse each print for evidence of tariff fallout and policy divergence.U.S. fiscal questions – With little hard data due, Fed speakers and Capitol-Hill fiscal manoeuvring will steer sentiment.00:00 Introduction and Overview00:37 UK Economic Outlook02:47 Global Economic Insights04:17 US Economic and Political Focus07:24 Conclusion and DisclaimersThe 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. 

In this episode of the Long and Short of the Week Ahead by Eurizon SLJ Capital, Matt Jones and Neil Staines discuss the anticipated macroeconomic events for the upcoming week, primarily focusing on the US. Topics include mixed economic signals from the UK, cooling tariff rhetoric globally, and significant upcoming US data and earnings reports. There is also a brief insight into upcoming global economic indicators, such as European inflation and German GDP.  This episode provides valuable insights for professional investors navigating the current economic landscape.00:00 Introduction and Overview00:37 UK Economic Outlook02:57 Global Economic Insights05:57 US Economic Focus10:44 Conclusion and Sign-OffThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' hosted by Matt Jones and joined by Neil Staines from Eurizon SLJ Capital, key macroeconomic themes and forecasts for the upcoming week are discussed. Topics covered include the UK's economic outlook with upcoming employment and CPI reports, the global impact of US-China trade tensions, important global economic data releases like Germany's ZEW sentiment index, China's GDP data, and Japan's CPI. Additionally, insights into the Bank of Canada and ECB's upcoming actions and their implications on global financial markets are provided. 00:00 Introduction and Overview00:41 Focus on the UK Economy02:16 Global Economic Outlook04:59 US Economic Focus07:13 Conclusion and DisclaimersThe 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. 

In this episode of 'The Long and Short of the Week Ahead,' Matt Jones of Eurizon SLJ Capital and Senior Portfolio Manager Neil Staines discuss the macroeconomic themes and data releases anticipated for the upcoming week. The conversation covers the US NFIB Small Business Optimism Index, FOMC minutes, CPI, PPI, and Michigan sentiment data, alongside Q1 earnings from major banks. Globally, attention is on German trade balance, Eurozone Sentix expectations, Australian consumer confidence, New Zealand's monetary policy, and China's CPI and PPI. The duo also explore the impact of recent tariff announcements and heightened geopolitical tensions on market volatility and asset allocation. 00:00 Introduction and Market Overview00:38 US Data and Market Implications02:27 Global Data and Market Dynamics04:20 Geopolitical Influences and Trade Dynamics06:32 Conclusion and Final ThoughtsThe 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. 

In this week's episode of 'The Long and Short of the Week Ahead,' Matt Jones and Neil Staines from Eurizon SLJ Capital discuss major macroeconomic themes and market events. The UK headlines include European defense negotiations, auto tariff considerations, and the spring statement. Global fiscal and monetary policies are analyzed, with a focus on US fiscal consolidation, Europe’s fiscal expansion, and anticipated rate changes by central banks. Key data releases from Japan, China, Australia, and major US economic indicators are highlighted. 00:00 Introduction and Overview00:35 UK Economic Highlights01:14 Global Fiscal and Monetary Policies02:50 Upcoming Global Economic Data04:19 US Economic Focus05:52 Closing RemarksThe 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. 

In this episode of 'The Long and Short Forward Curve' by Eurizon SLJ Capital, Matt Jones discusses the implications of the upcoming FOMC meeting on March 17, 2025. While immediate action from the Fed is not anticipated, the focus will be on the updated economic projections, which will reflect the Fed's stance on tariffs, geopolitical risks, and equity market fragility. The episode highlights the growing tension between market expectations of fiscal expansion and the Trump administration's commitment to fiscal consolidation. Technical insights, such as the fiscal r-star and the dot plot, provide crucial signals for professional investors about future interest rate adjustments and their impact on global markets.00:00 Introduction to the Long and Short Forward Curve00:31 This Week's FOMC Meeting: What to Expect00:48 Key Insights from Neil Staines01:16 The Macro Setup: Complex, Political, and Volatile02:18 Fiscal vs Monetary Policy Divergence03:24 Equities and the Fed's Response04:05 Watch the Dot Plot, Not the Rate Decision04:49 Disclaimer and Legal InformationThe 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. 

In this episode of 'The Long and Short of the Week Ahead' by Eurizon SLJ Capital, Matt Jones, Head of Distribution, and Neil Staines, Senior Portfolio Manager, discuss major macroeconomic themes and key global data expected in the coming week. The focus is on Germany's fiscal stimulus plans and the U.S.'s fiscal consolidation, alongside crucial economic data from China, Germany, the Ricks Bank, the Swiss National Bank, and the Bank of Japan. The discussion also covers the UK macro outlook with an emphasis on the upcoming Bank of England meeting and the FOMC meeting in the U.S., which will be crucial amid ongoing tariff and trade uncertainties. 00:00 Introduction and Overview01:46 Global Data Highlights for the Week03:18 Focus on the UK Economy04:41 US Economic Outlook and the Fed07:15 Conclusion and Final ThoughtsThe 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. 

In this episode of 'The Long and Short of the Week Ahead' from Eurizon SLJ Capital, Matt Jones and Neil Staines discuss crucial macroeconomic themes and market developments. Key topics include Germany's surprising fiscal expansion and its implications for Europe, a review of China's recent economic stimulus measures, and the US's fiscal and monetary policy outlook. They also preview significant economic data releases and expected market moves for the coming week.00:00 Introduction to Fiscal Conservatism and Monetary Activism00:16 Welcome and Overview of the Week Ahead00:41 Focus on Europe: Germany's Fiscal Expansion03:04 China's Economic Stimulus and Global Impact04:48 US Economic Outlook and Policy Implications07:50 Conclusion and Final ThoughtsThe 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.