Multi-Asset Strategy Daily

This report covers global multi-asset strategy ahead of the FOMC meeting, highlighting an oil-led disinflation impulse and softer UK inflation data.

Key Takeaways

• 1.Market participants are focused on the FOMC meeting, expecting a hold, with ongoing disinflationary pressures led by declining oil prices.
• 2.UK May CPI data came in softer than expected, leading to a modest dovish repricing of BoE expectations.

Table of Contents

• USD
• EUR
• GBP
• JPY
• Important Information

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