How CLSA, UBS, Nomura, Morgan Stanley see global financial markets in 2019

Calendar year 2018 (CY18) turned out to be a choppy phase for the global financial markets that battled trade war fears, wild swings in oil prices, rise in bond yields and rate hikes by the US Federal Reserve. 

Though most leading brokerages and research houses expect the emerging markets (EMs) to fare well in comparison to their developed market (DM) peers in CY19, they do caution that the next year will be marked with volatility.

Here’s how they expect the key events to unfold and impact global financial markets in the year ahead.

CLSA

Looking into 2019, our macro mavens