Eurizon Weekly 17 June 2024. Last week was rife with both macroeconomic and political events. In Europe, the outcome of the elections to renew the European Parliament, while leaving potential majorities shielded from major upheavals, had important repercussions at the national levels. Considerable turbulences emerged in Europe, reflected both by the stock lists, that suffered losses in the week, and by spreads. On the other hand, government bonds performed well in the week, also thanks to lower than expected inflation in the United States, with US indices scoring gains. Stefano Cucchi, of Euizon’s Macro Research & Product Specialist team, reports. Audio recorded on 17 June 2024