Risks to the downside threaten an extended emerging market rally. These risks include a tense geopolitical backdrop, idiosyncratic risks, and the normalization of monetary policy in the US, and gradually other high-income countries.
With talk of trade wars, central bank personnel changes, and complex Brexit negotiations, market resiliency will continue to be challenged.
In our latest FX Quarterly, our strategists provide their views on major events across Developed and Emerging markets in Q2 2018.
The regulatory year ahead for financial services will be characterized by the recalibration of existing rules, rather than by the large-scale implementations seen in years past. If recent regulatory “tools of choice” were bulldozers and excavators, 2018’s will be wrenches and pliers. It has been 10 years since the start of the Global Financial Crisis and it looks like the era of massive regulations to increase the resilience of the financial sector is largely behind us.
Forecasts for Major and Emerging Market currencies through Q4 2018.
A timeline of political events that will shape markets in 2018.
An examination of uncharted legal waters.