BNP Paribas: EURGBP downside after Article 50

The Brexit news flow should slow down - European Council President Donald Tusk has said that he will present the draft of Brexit guidelines...

Macr-On vs Le Pen is Risk-On

The first round results of the French election threw the market no surprises. Emmanuel Macron has come first and Marine Le Pen has come...

Lloyds Bank FXpresso – You’re Fired!

Yesterday, in true Apprentice style, US President Trump fired FBI Director James Comey, in unconventional and unconstitutional fashion. The move is not only going...

Deutsche Bank’s macro strategy

Failed healthcare bill hasn't destroyed markets so far this week with the S&P 500 (+0.73% yesterday) now back at the highest level for just...

ING: Today’s FOMC will set the tone for the year

A 25bp hike, taking the Fed Funds target range to 0.75-1.00%, is fully priced for tonight’s FOMC (18GMT/19CET). There will be plenty of fresh...

Unicredit: Post-FOMC, pre-BoE trading

The USD crumbled across the board yesterday. Our interpretation of the market response to the Fed hike and communication is that investors believe that...

Deutsche Bank Trade Idea of the week

Rates pricing for the RBA remains too hawkish, in our view, with 40bps of tightening baked into the curve for next year. Our economists expect...

Lloyds Bank on GBP/USD

This weekend’s G7 summit in Italy saw German Chancellor Angela Merkel deliver the stark message that reliable relationships developed since World War II “are...

Lloyds Bank: Payrolls, OPEC and dollar strength

Another solid US employment report on Friday and subsequent price action suggests that the broader USD can move into a consolidation/correction phase, with US...

Changing view on sterling: early elections a game-changer

This morning's announcement from PM May of a snap general election on the 8th June is in our view a game-changer for both the...

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