The following is offered as an opinion only.
Thurs. morning interest statements from both the G.B.P and the Euro may have an impact upon U.S. equity markets due to the following reasoning.
U.S. markets are being bouyed by the notion that a falling U.S.D allows goods made in the U.S. to be cost advantaged over those made in Europe. If the Euro and the GBP issue statements that indicate rate hikes are on hold for the forseeable future this will in all likelyhood cause a strengthening in the USD.
A stronger USD will negatively impact the growth of sales overseas and therefore should negatively impact the U.S. equity markets.
Thank you.
foto
Thurs. morning interest statements from both the G.B.P and the Euro may have an impact upon U.S. equity markets due to the following reasoning.
U.S. markets are being bouyed by the notion that a falling U.S.D allows goods made in the U.S. to be cost advantaged over those made in Europe. If the Euro and the GBP issue statements that indicate rate hikes are on hold for the forseeable future this will in all likelyhood cause a strengthening in the USD.
A stronger USD will negatively impact the growth of sales overseas and therefore should negatively impact the U.S. equity markets.
Thank you.
foto