Bloomberg Few major currencies stand to lose out as much from the yen’s comeback as the British pound this year. Investors have been dumping sterling on the view that a weakening UK economy will prevent the Bank of England from being as hawkish as its counterparts in the rest of the world. The difference is most pronounced when compared ...

  Bloomberg The year ahead will be better for European stocks than many think as inflation peaks and rates normalise, according to a Deutsche Bank AG strategist. “Although earnings are likely to fall in 2023, fewer macro risks and lower rate volatility should be supportive for equity markets,” Maximilian Uleer wrote in a cross-asset outlook note. Consensus is “overly pessimistic ...

  Bloomberg Citigroup Inc has trimmed India’s current account deficit forecast for the current financial year ending in March, after services exports grew unexpectedly and oil prices moderated. The shortfall in current account, the broadest measure of trade in goods and services, will probably be at 2.9% of gross domestic product, according to Citi’s India economist Samiran Chakraborty. That is ...