Risks of escalation by Russia minimized - BBH

The weekend strike by the US, British and French forces against Syria appear to have been conducted in ways that minimize the risks of escalation by Russia, according to analysts at BBH.  

Key Quotes

“The limited nature of the strike and objectives suggest that the impact on the constellation of forces in Syria will be minimal.”

There is unlikely to be much of an impact in the global capital markets, though thin markets in early Asia could see a knee-jerk effect.  The fact that strike took place may lift some uncertainty seen ahead of the weekend.  US President Trump warned a strike was coming.  The deployment of forces demonstrated the capability.  There may be unpredictable asymmetrical responses, but at least initially, investors will look past.”

Trade tensions remain high but have been given a respite.  Trump has chosen to hear a conciliatory tone by President Xi last week and went as far as suggesting that perhaps tariffs might not be implemented.  NAFTA negotiations are proceeding.  Trump also instructed his top economic and trade advisers to look into possibly joining the Trans-Pacific Partnership, which the 11 remaining members signed an agreement last month.”

 

Copyright

© FXstreetNews

US: Dormant FX markets lack direction in a world o...
France: Growth prospects have to be revised signif...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, 19 March 2019

Latest Spot Rate

 
19 March 2019
The Arts and Cultural Production Satellite Account (ACPSA) released today by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 2.9 percent in 2016. Th...
19 March 2019
In this paper, we examine the macro-to-micro-transition of cluster externalities to firms and how it is affected by the macroeconomic instability caused by the recessionary shock of 2008/2009. Using data from 16,166 manufacturing and business service...
19 March 2019
In January 2019 compared with December 2018, seasonally adjusted production in the construction sector decreased by 1.4% in the euro area (EA19) and remained unchanged in the EU28, according to first estimates from Eurostat, the statistical office of...
19 March 2019
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly labour costs increased by 2.5% and 2.6% respecti...
How do you make money in Forex?
How do you make money in Forex?, is a vital topic and it is also a foremost impo...
Posted on Friday, 01 February 2019
NordFX weekly Forex Forecast and Cryptocurrencies
NordFX topic's for Weekly Forex Forecast and Cryptocurrencies Forecast....
Posted on Sunday, 03 June 2018
Which websites updating all brokers promotions?
There is a lot of websites publishing forex brokers promotions. But everyone sho...
Posted on Saturday, 16 March 2019
What's going on GTM Forex Live contest?
Hey! did you see ever about grand capital micro trade contest? It is a monthly c...
Posted on Tuesday, 12 March 2019
Learning the art of trading is not all hard
Many traders are learning about the Forex trading business day by day. And the r...
Posted on Thursday, 14 March 2019
How It Works | About | Contact | Privacy Policy
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

© 2009 - 2019 FF Asia. All Rights Reserved.