Donald Trump, US Dollar and Emerging Markets

On November 8th, 2016, Donald Trump has been elected the 45th President of the United States of America. In his electoral program, the new White House tenant has promised economic stimuli to be implemented, among others, through: Fiscal program which provides a substantial tax cut (i.e. 35%) for the middle class; Public debt reduction; Deregulation […]

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Forecasting is possible

“Based on our regular economic and monetary analyses, we today conducted a comprehensive assessment of the economic and inflation outlook and our monetary policy stance.” (Mario Draghi) During the press conference of 8th December 2016, the President of the ECB (European Central Bank) Mario Draghi, together with the Vice-president Vítor Constâncio, presented a series of […]

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What Next For the Euro?

The euro recovered from earlier weakness against the U.S dollar on Monday after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform was seen by traders as largely expected and recent euro weakness was seen as having run too far.  The resounding defeat by a margin of 59%-41% was a strong enough […]

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A market for three?

Shortly after Syngenta’s Michel Demare rebuffed a $46 bn proposal from Monsanto last August, the Swiss group’s chairman predicted that there would have been more dealmaking to come in the agribusiness industry. He could have not been more right. On Thursday the 12th of May emerged that Bayer AG, the German chemical and drugs group, […]

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