JPMorgan Chase & Co analysts are the latest to give up their call for the shared currency to linger below dollar parity. Morgan Stanley strategists upped their year-end projection to $1.15 after their earlier $1.08 call was hit last week. An ING Groep NV team gave their forecast “a factory reset”.
“To quote a former UK prime minister when asked about the most significant challenges faced by his administration, the answer came: ‘Events, dear boy, events,’” wrote the ING team led by Chris Turner, which now sees the euro hitting $1.15 next quarter, versus an earlier forecast of parity. “The same can be said for foreign exchange strategists making FX forecasts.”
On Tuesday, European Central Bank Governing Council member Mario Centeno said the euro-area economy isbetter than many anticipated in the face of record inflation and the energy crisis that erupted after Russia attacked Ukraine.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
International Finance: Davos 2023: geopolitics gets realIf there was an underlying theme to Davos 2020, it was the environment and Swedish activist Greta Thunburg was its star. If there was an underlying theme to Davos 2022, it was the Ukraine conflict and its consequences, with Ukrainian President Volodymyr Zelensky being its star. If there is to be an underlying theme to Davos 2023, my guess is that it will shape up to be the process of dealing with geopolitics and their consequences, and its star (or villain) will be the ghost of conference non-attendee Vladimir Putin. That's why Cyril didn't go.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
International Finance: Asian stocks climb; dollar edges lower, yen gains: markets wrapAsian shares started the week higher with a tailwind from US stocks closing at the highest in a month as easing inflation expectations fuel January’s global share rally. The dollar declined.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
International Finance: Treasuries will leave Europe’s bonds in the dust, investors sayThe inflation fight in Europe will drag for so long that it will tarnish the appeal of the region’s debt this year, a survey of investors shows.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
International Finance: European stocks rise as US futures signal caution: markets wrapA gauge of global equities faltered after its best start to a year in a generation as investors assessed whether the rally had gone too far given the outlook for inflation, growth and earnings. European stocks rose.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
International Finance: China reopening is mixed blessing for emerging-market assetsThe China reopening story is fast becoming the most important trading theme in emerging markets, so figuring out its potential impact across asset classes is vital for global investors.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »