Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at yesterday's equity market bounce from new local lows and the later boost to sentiment from a dovish turn from the Fed's Brainard as well as fresh COVID-19 vaccine hopes after a successful early trial by Moderna. Elsewhere, EURUSD is poking into a critical area ahead of tomorrow's ECB and the EU council summit on Friday and Saturday. Oil, silver, more FX crosses and much more on the call.
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