Larry Brainard of TS Lombard says a win by Brazilian presidential candidate Jair Bolsonaro is "going to lead to a very significant hope rally."

“The easy answer isn’t, however, always the right one (remember the SATs),” quips Steve Blitz, chief U.S. economist for TS Lombard. Affordability is dropping to where it was around the turn of the century, before the lowering of lending standards set off the never-to-be-repeated housing boom and ensuing financial crisis of a decade ago.

“There is a view which is not really consensus yet, but there is momentum towards the view that the ECB will probably adopt a more dovish exit than what has been priced, as a result of Italy and also because of expansion not being that strong,” said Shweta Singh, senior economist at TS Lombard.

The Yuan needs to go down a further 10-15 percent just to accommodate the impact of the tariff war says Charles Dumas, Chief Economist at TS Lombard. Speaking to Daybreak Europe’s Nejra Cehic he argues that there’s nothing justifiable about the tensions in pure trade-terms. It’s a question of who’s number one in the world.