Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Market Volatility and Corporate Bonds: Collateral Damage

Over the last few months, more aggressive monetary tightening, especially in the US, has led a steep sell-off in public debt markets, resulting in unprecedented interest rate volatility. Can deteriorating market liquidity cause more damage to valuations?

Can the booming battery sector help Europe with its energy crisis?

Energy storage could help Europe tackle its energy crisis but is overlooked in policies, by 2030 total storage capacity will amount to about 35% of annual average Russian gas imports.

‘Whatever it takes’ reloaded

We estimate that current (median) fiscal support amounts to about 3% of GDP in Europe (more than EUR475bn, on top of the EUR170bn pre-conflict). Unsurprisingly, the fiscal response is somewhat higher in countries with a larger energy-intensive industry and/or greater gas dependence.