Minding the gap

UBS
By August 14, 2018 02:04

Minding the gap

"If markets at present truly don’t care about the UK’s savings gap, then there is no better time to start thinking about how to close it."

Emerging markets have not had a pleasant summer. Although idiosyncratic factors have affected some economies more than others, rising US yields and dollar strength have clearly been a major catalyst.

Why does this matter for the UK? The immediate impact is clear as we have already seen the UK’s “safety features” come into play. Sterling has assumed its customary status as a secondary safe-haven currency amid recent trading sessions, even outperforming the euro. As we have stated many times in our publications, Brexit will not have much impact on sterling demand when a shock originates from outside of the UK; if anything, current valuations may entice more buying of pounds as a safety play than usual.

UBS
By August 14, 2018 02:04

Search

Twitter

Don't want to miss #research on #centralbanks? Check out @Opinio_Pro -> https://www.opiniopro.com/tag/central-banks/ #ecb #fed

Check out our events calendar, with a lot of interesting #webinars! https://opiniopro.com/events/ #research #HomeOffice

"Focus on #Italy: #macroeconomic and fixed income scenario" -> https://www.opiniopro.com/2020/05/amundi/focus-on-italy-macroeconomic-and-fixed-income-scenario/ via @Amundi_ENG #fixedincome

Be up to date with the latest #investment #research: sign up for our newsletter -> https://mailchi.mp/f5bb9afdbede/opiniopro @Opinio_Pro

Don't want to miss #research on #centralbanks? Check out @Opinio_Pro -> https://www.opiniopro.com/tag/central-banks/ #ecb #fed

Load More...

Search on date

August 2018
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031