This should be a supportive environment for emerging market (EM) currencies, as we highlighted in our most recent investment quarterly. A slow start to the year does not alter our positive view.
This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
Disappointing UK data releases have raised the prospect of an interest rate cut when the Bank of England meet at the end of the month.
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After global earnings growth ground to a halt in 2019, we expect a modest recovery this year—a key element of our positive view on equities as an asset class.