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Amundi's June 2022 investment outlook describes a tech sell-off, rising real yields and a 10-year US Treasury yield that briefly reached 3%. It expects slower growth in China, with 2022 growth forecast at 3.5% after Shanghai lockdowns, and flags stagflation risks in the eurozone and US.
Slower Chinese growth reduces demand for feed inputs and imported meals, while tighter global policy strengthens the dollar and pressures commodity prices.
research-center.amundi.comAmundiJun 1, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
