Ulrich Leuchtmann, head of FX and commodities research at Commerzbank, said in a note that the strength of the dollar since the US Presidential Election suggests investors believe President-elect Donald Trump's policies will further favour the dollar. Since the election, the dollar has appreciated by an average of about 2 per cent against other G10 currencies, Mr. Leuchtmann said. "Markets seem to believe that Trumponomics [the policies of the incoming Trump administration] will have a significa...
德商银行外汇和大宗商品研究主管Ulrich Leuchtmann在一份报告中称,自美国总统大选以来美元的走强表明,投资者相信当选总统唐纳德·特朗普的政策将进一步有利于美元。Leuchtmann表示,自大选以来,美元兑其他10国集团货币平均升值约2%。“市场似乎认为,‘特朗普经济学’(即将上任的特朗普政府的政策)将对美元价值产生显著的积极影响。”上周晚些时候,美元指数触...
The European Central Bank (ECB) economists Ulrich Bindseil and Jürgen Schaaf published a paper last week titled "The Distributional Consequences of Bitcoin." They argue that Bitcoin's rise is enriching early adopters at the expense of society. Bitcoin's speculative growth, they argue, has led to a redistribution of wealth, with early investors profiting, while non-holders and latecomers becoming poorer. Economists warn that this...