Former New York Fed Pres. Bill Dudley is warning the recently announced U.S.-China trade agreement may further complicate the Fed's policy outlook.
Goldman Sachs President John Waldron said recent lightening up of U.S. dollar assets by investors had shown them returning to more neutral positions.
Despite sharply deteriorating economic sentiment, Bank of America believes equity markets could deliver a 17% return over the next 12 months.
Global hedge funds reaped limited gains from a big Wall Street stock rally triggered by a U.S.-China agreement on tariffs on Monday.