UBS believes that most of the fall is over, anticipating a gradual recovery over the next year or two, before a stronger rise in the currency beyond that.
The US election has, understandably, been at the forefront of everyone’s minds. You may be forgiven, therefore, for having skipped over the latest twist in the tale of Brangelina.
Yuval Noah Harari’s book ‘Sapiens’ sets out asking a straightforward question. 100,000 years ago, there were at least six types of human species inhabiting the earth:
Although risk assets have absorbed the shock well, government bonds have sold-off aggressively, seemingly in anticipation of a shift in the fiscal and inflationary landscape.