海外研报

When politics trump data

Market HighlightsMarkets seems to be increasingly pricing in the prospects of a Trump Presidency after

Yen facing cross-currents

The monetary policy convergence story is real - DB changed its Fed call to 3 cuts(previously 1) this year after the CPl print. While the Fed repricing over the comingyearortwo hasn't been huge (eg, 1y1yis still comfortably above thelows

Global Macro Thoughts “Normal service will now resume”

Where noted in the source notes, the views expressed within this report are taken from previously published research. For further detail, including important