FXStreet (Guatemala) – Analysts at Brown Brothers Harriman explained There are two key issues that will shape the investment climate in the July-September time period: The FOMC and the reversibility of monetary union in Europe and left the following key questions to ponder…
Key Quotes:
“It has been six years since the US recession ended, and the Federal Reserve has not lifted its target for the Fed Funds rate, which stands at 0-25 bp. Will it find the opportunity to do so towards the end of Q3? Will it be disruptive?”
“European integration is being torn apart by Greece’s financial crisis and refugees fleeing North Africa and the Middle East. European leaders are facing significant difficulty in resolving these issues. Does Europe have sufficient political will and courageous leadership to overcome the existential challenges? Is monetary union irreversible?”
“If the center of the world economy has shifted east, what is the role of the western tip of the Eurasian landmass?”
(Market News Provided by FXstreet)