Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Global Head of Macro Strategy
Summary: Traders have rushed to trade the sterling strength as the recent break higher in all GBP crosses has seen significant follow through on growing confidence that a no-deal Brexit will be avoided. Elsewhere, action is largely muted.
Page 2: GBP strength all over the map here as well, and we discuss EURNOK below, even if we are some distance from a breakout.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity