In this edition of the FX Quarterly, we discuss
- The four main drivers of the investment climate in 2016, including the Federal Reserve’ s pace of monetary policy normalization, the divisive decisions coming out of Europe, the fundamental transitioning economy of China and how commodities will impact the global market;
- Our expectation for emerging market turbulence to continue, including the effects on EM of the Fed rate hike coupled with the ECB and BOJ QE programs; and
- The new rotation at the Fed in 2016.
Read the full publication here.