Mario Draghi reacted to the increased economic risks to the economic outlook with a bold package of monetary easing measures.
A close look at the Progressive Agenda, China���s deteriorating welcome mat in DC and US Tech IPOs
While no deal is not the most likely scenario in our view, the risks are rising. The UK outlook is binary. A Brexit deal could see sterling bounce to 1.40 against the dollar, but no deal on 31 October could see a further slump to 1.10.
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone���s relatively better balance of payments position.
The key political, macro and credit risks that insurers may want to address in 2019.
A brief comment on a proposal from leading Presidential candidates to ban hydraulic fracturing everywhere, immediately.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
Global - Currency Thoughts - PDF