8 Nov 2016
A trump win would smash USD and disrupt correlation with commodities - Platts
The Research Team at Platts published its outlook for commodities and US dollar in wake of the US elections scheduled later today.
S&P Global Platts is an independent provider of information and benchmark prices for commodities and energy markets.
Key Quotes:
“A win by Republican hopeful Donald Trump - a crisis of confidence in the dollar would disrupt the inverse correlation between it and commodity prices”
“Improving the competitiveness of US energy exports”
“It would provide a double bonus for net energy commodity importers, but a double negative for non-US exporters”
“Where trade would then flow would depend on what replaces the dollar as the safe haven currency”
“One thing for sure: it won't be sterling”