The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
We expect continued solid returns for emerging market debt (EMD) over the next six to 12 months, driven by healthy fundamentals, a supportive net issuance level and attractive valuations.
Market sentiment towards the Chinese currency has shifted significantly
How will the Brexit negotiations conclude?
EURUSD should be rangebound
Currency movements based onbrexit's outcome.
This week the House of Commons demonstrated that a clear majority of Members of Parliament (MPs) are not willing to leave the EU without a deal. Our view has always been that we would at some point end with a relatively soft Brexit.