FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 37 institutional desks. No promotion.
From the original
With Davos in the rear-view, the next FOMC meeting just days away, and Q4 earnings underway, Jason drops by to discuss what’s on investors’ minds and what markets are pricing in. Plus, a look at the latest investment outlook and allocation recommendations from CIO, per the Februa
The desk perceives that the market's view on geopolitical risks, particularly surrounding the US-Iran conflict, has shifted towards a more stable outlook despite ongoing tensions. Per the full note [source], Jason Draho from UBS notes that markets seem to be moving past peak uncertainty and are experiencing a 'kind of stalemate' in the conflict. This adjustment in sentiment could impact risk assets and currencies sensitive to geopolitical developments. Given the absence of immediate calendar catalysts, traders may want to reflect on this evolving narrative as they position for potential volatility once clarity on the conflict emerges.
Live cross-firm bank consensus across 37 desks — FX, oil & gold
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