Filippos Papasavvas

Filippos joined Capital Economics in September 2022 as an Economist in the Markets team. Previously he had four years of experience working as a Europe Economist and a commodity Analyst. He has an Economics and Politics BSc from the University of Bristol and an Economics MSc from University College London.

Capital Daily

We still think Treasury yields and the S&P 500 will fall this year

Despite today’s stronger-than-expected US non-farm payrolls report, we continue to think that the 10-year Treasury yield and S&P 500 will fall over the next couple of quarters.

5th May 2023 8 mins read

EM Markets Chart Pack

We still forecast decent gains for China’s equities this year

We think the economic recovery in China will support further gains in the country’s equity market.

3rd May 2023 2 mins read

DM Markets Chart Pack

We expect “risky” assets to fall later this year

We think disappointing global growth will be a headwind for “risky” assets in developed markets during the second half of this year.

27th April 2023 8 mins read

Event

EM Drop-In: Sovereign debt risks in a fracturing global economy

4th May 2023, 3:00PM BST

EM sovereign debt problems have been thrust back into the spotlight after the latest World Bank and IMF meetings, with promises of a quicker resolution to restructurings in debt-distressed EMs. But...

Global Markets Update

Taking stock of our Treasury and S&P 500 forecasts

We think investors’ expectations for the Fed funds rate will fall a little by the end of this year, which will push the 10-year Treasury yield a bit lower by end-2023. But we doubt lower “risk-free”...

19th April 2023 5 mins read

Capital Daily

We still expect strong gains for China’s equities this year

Despite the generally muted market reaction to today’s strong data releases for China’s economy, we think the reopening rally in China’s equity market still has further to run this year.

18th April 2023 6 mins read

Global Markets Outlook

Amid banking turmoil, outlook for “risky” assets seems bleak

The recent turmoil in the global banking sector have sent ripples through financial markets. So far, a full-blown financial crisis doesn’t seem likely to us, although clearly any escalation would add...

31st March 2023 14 mins read

Capital Daily

What the Fed and BoE central bank meetings mean for markets

With major central banks pressing ahead with rate hikes despite ongoing financial stability concerns, we think that the recent resilience of equity markets will prove to be short-lived even if, as we...

23rd March 2023 7 mins read

Global Markets Update

We expect equities in EMs to continue to struggle

Even if the banking sector turmoil doesn’t grow into a broader economic crisis, we still think equities in emerging markets will struggle over the next couple of quarters in local-currency terms.

22nd March 2023 4 mins read

Global Markets Update

Banking stress raises another dilemma for central banks

We are resending this Stress Monitor to include clients of our Global Economics Service. The ghosts of 2008 have made a sudden reappearance. Many metrics of core market functioning have worsened...

16th March 2023 9 mins read

Capital Daily

Monetary policy and sovereign bond yields in DMs

We think long-dated sovereign bond yields will fall over the remainder of this year in the UK and Canada, and to a lesser extent in Australia.

9th March 2023 6 mins read

Global Markets Update

We think the struggles for equities in India will resume

We think MSCI’s India Index will fall over the next couple of quarters in local-currency terms, amid subdued domestic economic activity and a general deterioration in investors’ appetite for “risky”...

9th March 2023 3 mins read

Capital Daily

We think China’s “reopening trade” has further to go

We think the reopening rally in China’s equity market and currency has further to run this year.

1st March 2023 6 mins read

Robust Chinese data lifts EM stocks

“The manufacturing data was quite strong from China and we actually even see further upsides from the recovery over there which would be beneficial to other emerging market indices,” Filippos...

1st March 2023 Financial Post

EM Markets Chart Pack

Rocky road may still be ahead for EM assets

We think even if some of the recent headwinds that have buffeted emerging market (EM) assets fade, a slowdown in global growth might keep them under pressure in the near term.

28th February 2023 9 mins read

DM Markets Chart Pack

Recession still a threat to risky assets in our view

Investors seem to have become more worried about inflation recently, with evidence that the global economy is holding up better than expected suggesting underlying price pressures might prove more...

23rd February 2023 9 mins read