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Weekly preview - Crisis politics sink the Euro
As markets assess the damaging potential of converging US storm systems, the raw clash of politics and economics will dominate the global week ahead and provide a stern warning to market complacency. Dollar gains are likely as an increasingly fractious and desperate Euro-zone political situation will damage the Euro while uncertainties will increase ahead of the Chinese leadership change in November. Even with the US facing its own political showdown, net risks favour the dollar on a short-term view as the Euro remains a strong sell on rallies. Stresses in France remain extremely important, especially as it increases ... (full story)
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- Tw0eleven
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