Societe Generale analysts say the odds of a December US interest rate rise have now "fallen appreciably". "Next to watch is...
Societe Generale analysts say the odds of a December US interest rate rise have now "fallen appreciably".
"Next to watch is Trump's selection for key cabinet positions. These choices may be calming or may invoke more concern. A discussion of tax cuts should be a priority. The economic benefits of that may be felt by late 2017, but not earlier. Tax cuts could be a more immediate benefit.
"Protectionist trade policies are likely to be less substantial but will stretch over a longer period of time, and are obviously bad for emerging markets assets for now - with the notable exception of China onshore assets and Russia."
Source: bbc.com
