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: 2024.11.06
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Republican sweep raises risks to the outlook - ABN AMRO
World FX news
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Republican sweep raises risks to the outlook - ABN AMRO
New
2024.11.06 19:43
2024.11.06 19:43
2024.11.06 19:43
Republican clean sweep makes it significantly easier to implement full policy agenda, ABN AMRO's economists note.
Parity for EUR/USD can be on the cards
"Risks very firmly tilted to the downside for US and global economic growth and to the upside for US inflation. While Fed policy could be tighter than our current base line, the ECB could cut rates faster."
"Republican sweep sets the stage for US-European rates divergence. Parity for EUR/USD could be on the cards. We will publish an updated macro and market base scenario later this month."
Last updated
: 2024.11.06
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What Trump's election means for Europe and the Netherlands - ABN AMRO
The clear victory for president Trump overnight poses significant downside risks to the growth outlook for the eurozone - and especially that of export-orientated Germany and the Netherlands, ABN AMRO's economists note.
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2024.11.06 20:04Disclaimer:
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