What Market Movements Occurred In 2017?
2017 was a volatile trading year where the US DOLLAR struggled to perform on the offensive for most of 2017 amid growing political, geo-political and environmental related risks.
Trading was characterised by a broad bearishness surrounded by Trump’s policy which prompted investors to shift to better opportunities until uncertainty subsided these events help shape the world economic outlook
How Will This Affect The Forex Market In 2018?
With the tax reform supporting GDP Growth 1 ½ points over the 2018-2022 period deficit and debt is likely to come at a greater cost.
US Equities are most probably going to see some moderate gains in 2018 as the 21% tax rate will add to their earnings. In addition, European, Japanese and the Emerging Markets growth rates’ raise due to a cyclical convergence, along with geopolitical events that tend to shift investor sentiment to risk hedge, are most probably going to add to Dollar’s bearishness for the next 6-12 months.
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