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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.
As of last week, the partial government shutdown is officially the longest shutdown on record.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
A greater percentage of negative yielding bonds has reignited the hunt for yield as investors look for higher yields in riskier asset classes.