13 May 2015
Developed markets summarised as bullish - BBH
FXStreet (Guatemala) - Analysts at Brown Brothers Harriman looked in to the developed markets and summarised their finings.
Key Quotes:
"We expect ECB stimulus, low energy prices, and the weak euro to help boost the euro zone economies this year. Likewise, we believe the economic recoveries in the UK, US, and Japan will continue into 2016. As such, most metrics of credit quality should improve in DM this year."
"However, it is clear that fundamentals are taking divergent paths for many countries across the DM universe. We continue to believe that our model helps to identify the winners and the losers within this trend."
Key Quotes:
"We expect ECB stimulus, low energy prices, and the weak euro to help boost the euro zone economies this year. Likewise, we believe the economic recoveries in the UK, US, and Japan will continue into 2016. As such, most metrics of credit quality should improve in DM this year."
"However, it is clear that fundamentals are taking divergent paths for many countries across the DM universe. We continue to believe that our model helps to identify the winners and the losers within this trend."