The recent weakness of the US dollar against the euro and especially the yen has already led many to tear up their currency forecasts for the year. However, expectations for US monetary policy still...

An increase in the price of oil in the past day or two has helped at least some equity markets in the emerging world to snap their poor start to the second quarter. We doubt that oil prices will climb...

The appreciation of China’s currency against the US dollar this year, while small, has confounded market fears of a substantial devaluation . Nonetheless, even if the PBOC continues to target broad...

April may prove to be a crunch month for our view that renewed currency weakness will allow Japanese equities to outperform again. If the yen fails to drop back in response to further monetary easing...