April 2017  -  Available 

Previous Issues

Issue #04, 26th April 2017

Themes:

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04 / Executive Summary

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05 / Mapping the markets

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07 / As presented earlier this year, the “Trump/Reflation Trade” has been pausing, allowing better market re-entry during late Q2-early Q3 2017

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11 / Timing and Tactical Insight - “Trump/Reflation Trade” could retrace further into midyear

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18 / The Yen as a safe haven play: will it  last? Yes, it will

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21 / Timing and Tactical Insight - The Yen will continue to accelerate up on risk-off considerations

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27 / Gold: A reappraisal, as the precious metal leads the rik off movement with the JPY

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30 / Timing and Tactical Insight - Gold, a reflationary asset with a defensive bias

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37 / Beware of the impact of Fed tightening by increasing IOR, a new dynamic at play

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41 / Timing and Tactical Insight - The yield curve may flatten further before it bounces later in H2 2017

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44 / Splicing the markets - One last focus on the French Election, ... hopefully