Amundi Research & Investment Insights Unit
the articles & research center news
Eric BRARD, Laurent CROSNIER, Marie-Anne ALLIER, Shinichiro ARIE CFA, Kenneth J. TAUBES, Mauro RATTO
Bastien DRUT, Roberta FORTES, Silvia DI SILVIO, Abhishek GON, Valentine AINOUZ, Sergio BERTONCINI
Fixed Income and FX Strategy
Bastien DRUT, Roberta FORTES
Many of the factors that challenged EM currencies in 2015 are likely to continue in the year ahead. Emerging Markets are caught between tightening policy rates in the US, a free-fall in commodity prices, which is partially driven by a China slowdown, and heightened idiosyncratic risks.
Abbas AMELI-RENANI, Bastien DRUT
On January 15, the Swiss National Bank (SNB) abandoned its 3 ½-year-old 1.20 floor on the EUR/CHF exchange rate in one go, marking a paradigmatic change of policy to address the influence of the Eurozone at home. We explain here the rationale for the move and its consequences.
Nicolas DOISY, Bastien DRUT