January's Market Pulse webinar: When Fiscal Meets FX: The 2026 Playbook
Market Pulse Webinar
2026 is shaping up to be a year of uneven growth, cooling inflation, and selective policy easing—with tariffs, fiscal pressure and geopolitics continuing to inject volatility into markets and FX. In this Market Pulse session, Neil Parker (Head of Economics & Market Strategy) unpacks the themes from our Global Markets Outlook 2026 whitepaper and translates the macro backdrop into practical implications for businesses managing cross-border exposure.
Webinar date: 29 January 2026
Key takeaways
In this January Market Pulse webinar, Neil unpacks the key insights from our latest whitepaper, Global Markets Outlook 2026, covering topics including: Inflation & energy, central banks policy paths and what to watch, FX outlook, including base cases, ranges, and key triggers and finally a live Q&A
Growth
Winners and laggards — why US growth is expected to outpace peers again, with a more challenging backdrop for parts of Europe and the UK.
Inflation
Disinflation with caveats — the base case is easing inflation across major economies, with energy and trade frictions shaping the risk profile.
Rates
(Mostly) incremental easing — where cuts are most likely in 2026 (notably US/UK/China) and why the ECB/BoC could still be forced to re-examine their assumptions.
Fiscal policy
A persistent headwind — elevated deficits and rising debt burdens remain a structural constraint and potential source of market stress.
Geopolitics
An active swing factor — why developments across trade and energy routes can quickly reprice inflation expectations and risk sentiment.
FX outlook
“A battle of the undesirables” — how divergent growth and rate paths could drive selective reversals of 2025 moves, with scenario-based ranges for key pairs.
Stay ahead with the Market Pulse
The Market Pulse is your go-to daily briefing for global economic developments, currency movements, and central bank updates. Curated by experts, each edition delivers sharp, actionable insights to help you navigate the financial landscape with confidence.
💡 What you’ll get:
- Key economic headlines from the UK, US, Eurozone, and beyond
- Currency trends and rate expectations
- Central bank commentary and policy signals
