Barclays's Macleod on Fed Shift, Dollar Strength

The video discusses recent market volatility, focusing on the Fed's impact on the dollar and central banks' responses. It covers expectations for the Bank of England and the outlook for sterling. The discussion highlights the increase in market sensitivity to data, particularly labor market data, and its implications for risk and the dollar.

How are investors reacting to the shift in the Fed's reaction function?

What are the implications of the Fed's recent actions on the dollar's value?

What factors could lead to a hawkish surprise from the Bank of England?

In what ways could strong labor market data affect risk assets and the dollar?

What are the potential risks associated with a weak payroll report?