In this edition we highlight:
- Three key market events - the reflation story in the US, populism-nationalism in France and the broader eurozone, and Trump's Federal Reserve policies - that will shape the investment climate in the second quarter.
- With the possible exception of Asia and EMEA, we see continued weakness in Emerging Market currencies, which are hampered by rising Developed Market interest rates, a strong dollar, weak global growth, and an unpredictable political landscape.
- Masashi Murata also offers an overview of Emerging Market countries.
- Currency Forecasts and an assessment of Purchasing Power Parity and Currency Valuation.