@HSIGlobal Leader of a #G8, a #G10, a #G20, a #WHO, an #EU a #NATO or a #UN nation? You should actively be seeking the end of the #WildlifeTrade
Organisations like @HSI & individuals like me have been spending our money, plus petitioning, tweeting etc. for YEARS to prevent animal brutality
Societé Generale 2/3: though it would be really surprising if there weren't some bad days along the way. #EMFX faces a major hurdle, after huge outflows from #EM assets as Jason points out in The pain might not be over but in #G10, we may see positions try to normalise.
ING Bank 5/8: And so is that supportive rate environment for #CAD, as #BoC will likely push rates to the lower bound and, in our view, embark on #QE. CAD was already the least undervalued currency within #G10 $-bloc in medium term, & our views for relative outperformance in 2020
And global coordination absent because of this: only national measures for a global shock. Macron's tweet about #G7 meeting last Monday fell into oblivion. Now waiting for #G10 but action is happening outside. FED swap lines yesterday only to good friends @gerardrolanducb
@Aligarciaherrer @wutingzy This is explosive unfortunately. Instead of just cooperating with the rest of the world to which the virus migrated, they had to boast that they do it better than the rest of the world. Now, they also have to pretend they are a victim. It will not end well.
Meeting #G10 met @Sophie_Wilmes, @nathaliemuylle @Koen_Geens1 @Maggie_DeBlock @DavidClarinval. Constructief en bewust van noodzaak genomen maatregelen : "volg maatregelen strikt op, maar vitale sectoren van onze economie mogen niet stilvallen!"
Societé Generale: Until the stress levels in the #FXmarket go back down #G10 currencies seem set to trade more like emerging market ones. The yen's the exception, but when yen-dollar basis has spiked wider in recent days, #USDJPY has spiked higher at the same time.
Credit Suisse 1/8: For the past 3w our core views were:
1. Bearish #USD against defensive currencies such as #EUR, #CHF & #JPY
2. Bearish most pro-cyclical currencies within #G10 (e.g. #CAD & #Scandies) and similar cyclical high yielders (e.g. #BRL & #MXN) against #USD -