Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Global Head of Macro Strategy
Summary: A sharp backup in US yields on Friday sets up an interesting week ahead, boosting the USD outlook – especially USDJPY, which is challenging resistance again. Elsewhere, a busy Australian economic calendar should drive considerable volatility in AUD crosses, particularly tonight’s RBA meeting.