Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Clare MacCarthy
Senior Editor, Saxo Bank
Summary: Financial markets were unimpressed by yesterday's two key monetary policy events while the latest twist in the Brexit saga elicited a similar shoulder shrug, as illustrated by a collapse in EURGBP volatilities. Elsewhere, resurgent risk appetite is firing up EM FX but TRY is left out.