Financial markets are heavily distorted by the unprecedented market presence of central banks. Markets have become extremely sensitive to changes in central bank actions.
The European Central Bank (ECB) is walking a fine line as it tries to exit quantitative easing in Q4 and tweak its rate guidance for 2019. 'Dark clouds' ahead for European sovereign bonds Meanwhile,...
The US dollar is close to peaking and the risks now seem to be on the downside.
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