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(1) Should Investors Fear Fed Helicopter Money? (3 min read) Fed helicopter money would support the economy and complement QE. Given the lack of ammunition, it could be introduced during the next economic shock, according to Dominique Dwor-Frecaut, adding to the dollar weakness trend.
(Dominique Dwor-Frecaut │ 1st October, 2020)
(2)Mounting Evidence Reveals Scale of Asian FX Intervention (1 min read) Singapore’s disclosure of $44bn in FX intervention through H1 highlights the mounting FX purchases across the region, writes Caroline Grady. MAS’s policy framework is unlikely to change but increased scrutiny from the US could mean the CBC and others start to ease back on dollar purchases.
(Caroline Grady │ 1st October, 2020)
(3) Mobility And COVID-19 Cases Are Correlating With Equities (3 min read) The world reaches 1mn COVID-19 deaths. Sam van de Schootbrugge puts these figures into context and discusses testing, cases and mobility in Europe.
(Sam van de Schootbrugge│ 1st October, 2020)
Whither Oil? (Project Syndicate, 5 min read)
2020 Global Market Outlook – Q4 Update: The Old New Cycle (Russell Investments, 12 min read)
Average inflation targeting and household expectations (Vox EU, 6 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)