Central Banks Around the Word are Dovish

Interesting stuff from David Folkerts-Landau, Group Chief Economist at DB:

After kicking off with the surprise Brexit vote, the summer proved unexpectedly quiet. Risk assets enjoyed a strong rally, as investors recognised that the Brexit negotiation process would be drawn out and that the initial fallout was less severe than feared. But amid this resiliency, there is a sense that markets are waiting impatiently as various macro risks loom on the horizon.

 

Waiting impatiently for Central Banks

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Source: Deutsche Bank

 

 

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