Even when there is a clear policy shift to trade on, timing and implementation of changes is critical
Strong US jobs data is likely to add to other forces to keep the currency strong
The central bank needs to look at areas such as shadow institutions, the risks of sudden capital outflows and communication
The US central bank increasingly needs an understanding of meteorology to see where the economy is headed
Among the largest developed-market peers, the Japanese currency has lost the most against the dollar this year
The bloc’s financial heart is weak, struggling to pump sufficient capital to support companies and the economy
Consumption, the labour market, commodities and Chinese deflation will determine the outlook for markets
Precious metal can gain even if the US economy heads to a soft landing
A change in the greenback’s historical relationship with oil is increasingly rippling through economies and markets
US stocks to benefit from AI boom as a moderating global economy weighs on more cyclical markets
Disappointment over Fed easing and recent banking turmoil likely to further weigh on sector
Many of the factors that have boosted the region’s equities in the year to date are likely to fade as 2023 progresses
The potential for greater structural shift in price growth from shrinking workforces is rising
Currency is being driven by events outside the US as much as what happens inside its borders
The Fed will eventually have to do more than ‘budge’ on interest rates
