Outrageous Predictions
Carry trade unwind brings USD/JPY to 100 and Japan’s next asset bubble
Charu Chanana
Chief Investment Strategist
Global Head of Macro Strategy
Summary: The EU and UK Prime Minister May’s team have reached an agreement on Brexit terms, but sterling is stuck near unchanged from yesterday’s levels as the next do-or-die step is today’s UK government cabinet meeting to decide whether the deal can proceed to an EU summit and parliamentary vote.