Platts on the US election, oil and the USD (And, they don't like GBP very much :-D)

Platts outlook for commodities and the USD in relation to the US election coming up today

In brief:

• 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
  

Love the gratuitous kick at GBP! :-D

Their full report is here

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S&P Global Platts is an independent provider of information and benchmark prices for commodities and energy markets

Platts on the US election, oil and the USD (And, they don"t like GBP very much :-D)
Platts on the US election, oil and the USD (And, they don"t like GBP very much :-D)
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