Euro Might not Benefit if U.S.-Iran Agree Lasting Peace Deal

Dow Jones
07/29

1429 GMT - The stronger correlation between oil prices and inflation expectations for the eurozone compared to the U.S. casts doubts on whether the euro would benefit from lasting U.S.-Iran peace deal, Commerzbank's Michael Pfister says. "While Federal Reserve [interest-rate] expectations have recently decoupled from the oil price, ECB expectations remain tied to inflation risks." Earlier this month when oil prices rose again, one-year euro-area inflation expectations climbed but U.S. expectations dropped. Fed rate rise expectations look ambitious and it's unclear whether this will change in the event oil prices fall, he says. Until that changes, the euro could struggle to rise versus the dollar, he says. The euro rises 0.1% to $1.1393.

 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10