UK

A fleeting greenback rally post Fed rate cut will offer a final chance to reset short dollar exposures. See why undervalued Asian FX are poised to lead the next leg lower in USD and how to position now.

Monetary policy surprises shape curve trade returns. We show where steepeners and flatteners offer the best risk-reward in today’s market.

A surge in UK employees on long-term sick leave or with a work limiting health condition explains stubbornly high UK wage inflation. This leaves the Bank of England and the UK government with some tough choices to make in the months ahead. Plus, a new tactical trade is short CSI 300.

The BoE is easing, but risks falling behind. Labor and growth cracks are starting to emerge, and the Bank may soon be forced to move more decisively. This report outlines why gilts remain a buy and sterling’s path is diverging vs. USD and EUR.