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: Risk sentiment has managed to maintain an even keel on the latest US-China trade news and through today’s US economic data. This has seen a broadly firm US dollar, together with firmness in oil-related currencies like NOK and CAD. On the weak side, GBP and AUD continue to suck wind.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity