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...

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...

Rabobank on the BoE and GBP

In September, GBP was the best performing G10 currency on the back of the step up in hawkish commentary from the BoE. In our...

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