Our latest macroeconomic insights UK Economics Update Why we think the rally in sterling will continue The pound has performed better than all other G10 currencies so far in 2021 (see Chart 1), rising from $1.36 at the start of January to almost a three-year high of $1.41 now. We expect the strength of... 24th February 2021 · 2 mins read Global Markets Update We expect EM currency appreciation to moderate While we expect that EM currencies in general will rise further this year due to strong appetite for risk and a recovering global economy, we think several headwinds will limit their appreciation. 19th February 2021 · 2 mins read Commodities Update We expect commodities to underperform US equities Although we expect oil prices to rise a bit further this year, we doubt that we are in the early phase of a new “super cycle” in commodities. In fact, we project that the returns from commodities will... 19th February 2021 · 4 mins read Global Economics Focus Challenges of big central bank balance sheets are manageable One legacy of the pandemic is a huge expansion in central banks’ balance sheets. Fears that this will automatically boost inflation are overdone. So, too, are worries that central banks will provoke a... 17th February 2021 · 25 mins read Pagination Previous … Page 168 Page 169 Page 170 Page 171 Current page 172 Page 173 Page 174 Page 175 Page 176 … Next
UK Economics Update Why we think the rally in sterling will continue The pound has performed better than all other G10 currencies so far in 2021 (see Chart 1), rising from $1.36 at the start of January to almost a three-year high of $1.41 now. We expect the strength of... 24th February 2021 · 2 mins read
Global Markets Update We expect EM currency appreciation to moderate While we expect that EM currencies in general will rise further this year due to strong appetite for risk and a recovering global economy, we think several headwinds will limit their appreciation. 19th February 2021 · 2 mins read
Commodities Update We expect commodities to underperform US equities Although we expect oil prices to rise a bit further this year, we doubt that we are in the early phase of a new “super cycle” in commodities. In fact, we project that the returns from commodities will... 19th February 2021 · 4 mins read
Global Economics Focus Challenges of big central bank balance sheets are manageable One legacy of the pandemic is a huge expansion in central banks’ balance sheets. Fears that this will automatically boost inflation are overdone. So, too, are worries that central banks will provoke a... 17th February 2021 · 25 mins read
