1. Research
  2. About us
  3. Analysts
  4. Marcos Arana

Marcos Arana

Macro Strategist

Fixed Income Research

Office of the Chief Economist / The House View

Address:
Deutsche Bank AG, Filiale Paris
CIB - Research
Avenue Franklin D. Roosevelt 23-25
75008 Paris

E-Mail:
marcos.arana@db.com

Phone:
+33(1)4495-9312

Analysis and studies from Marcos Arana

4 Documents
September 18, 2017
1
Unlike the last few years, this summer was relatively quiet. As markets look ahead to the rest of the year, the key theme will continue to be the major central banks’ tentative progress toward removing monetary accommodation. Investors have so far not priced in this outlook. Since the prospects for growth across all the major countries is better than it has been for some time it remains a puzzle why there hasn't been a greater sell-off in bond markets. [more]
July 25, 2017
2
As markets enter into the summer lull, it is useful to take a step back. The global economy is in better shape than it has been in several years. This has allowed other central banks to follow the Fed and gradually start their exit journey, a process that is a historic challenge given the unprecedented level of monetary accommodation. But with inflation still below target, a key part of the normalisation puzzle is still missing. [more]
June 28, 2017
3
Global investors have recently been forced to sift through mixed signals from macro data and markets. Chief among these discordant messages is the apparent dichotomy between softer inflation, lower yields and flatter curves, and falling oil prices on the one hand, and still solid global growth and firm risk sentiment on the other hand. [more]
April 25, 2017
Analyst:
4
Politics remain a key focus for markets, but the latest developments in Europe are positive. In France, the first round of the presidential election ruled out the least market-friendly ‎outcome, and although eurosceptic Marine Le Pen is in the run-off as expected, polls suggest reformist Macron should win. The snap election called in Britain for June is a material positive game-changer for Brexit negotiations. [more]