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”

 

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