2017 outlook for developed markets _ free financial market assistant _ call levels app


4.5 million pounds! This is the amount a £1 accumulator bet on a Brexit vote, a Trump victory and Leicester City winning the Premier League would have realised. What is a binary system In such an uncertain and volatile environment, we want to assist you in making more informed decisions on the markets and beating the odds! Following our analysis of the major market events in 2016, and our insight on the 2017 outlook for emerging markets last week, we assess today what 2017 might look like for developed markets amidst political and economic uncertainty. Gbp usd rate today United Kingdom

Since June 23 and the EU referendum, the United Kingdom’s economy outlook has been driven by Brexit talks. Python example programs ”Brexit means Brexit” summarises the uncertainty around the agreement (if any) that will be reached between the European Union and the United Kingdom, and illustrates the threat to investments, competition and productivity Brexit has created. Currency conversion usd to aud Among the many issues pertaining to leaving the EU, UK businesses are likely to suffer from a fall in exports to the EU27 from 44% to as low as 30% if no free-trade deal is reached. Free quotes for car insurance Moreover, UK equities could lurch lower should confidence fade away if the prospect of a ‘Hard Brexit’ loomed nearer.

Despite this, the FTSE100 has been surging since the Brexit vote (and particularly over the last two weeks), which has sometimes been interpreted as a positive sign for the UK economy by Pro-Brexit commenters. Gbp to usd exchange rate forecast However, this is most likely explained by the depreciation of the British pound: in dollar-terms, the FTSE 100 was down 17.4% per cent since June 23. Usd to aud forecast Additionally, 77% of FTSE100 companies’ revenue was earned outside the UK in 2016, which translated into higher revenue in pound-terms, the reporting currency.

The fall of the British pound has made it the worst performing Group-of-10 (G10) currency. How does the commodity futures market work The 2017 forecast is rather bleak, with consensus betting on a slight decrease against the US dollar for Q1 and Q2, while HSBC even predicts a fall to thirty-year low US$1.10. Hkd usd peg Furthermore, the currency’s volatility should increase over the coming weeks owing of Theresa May’s conflicting declarations, and to the Supreme Court ruling on whether the UK Parliament should be consulted before triggering Article 50.

In contrast with the UK, the EU’s developed countries seem to have a more positive outlook. Nzd to usd chart The rising industrial production in Germany, bolstered by a 1.5 per cent surge in construction, illustrates the current European economic recovery.

In fact, in its autumn forecast, the European Commission expects GDP growth in the euro area at 1.5% in 2017. Chf usd This is likely to positively impact the major EU indices such as CAC40, which investors should favour for the coming months. Forex rates in pakistan Economic recovery in France, coupled with sales growth from a weakening euro, should drive French equities up.

While these positive signs are likely to strengthen the euro, too much uncertainty dampens the reasonableness of the forecast. Exchange rate of indian rupee to us dollar Indeed, the election of Donald Trump as the president of the US brings a great deal of risk as the future of Europe’s export situation is largely dependent on his future policies, namely whether he would seal off the country and limit free trade.

Moreover, EU countries’ performance will ultimately be dependent on the outcome of Brexit talks and of French elections. Msn news video If Marine Le Pen (the populist French far-right leader) were elected in May, the Eurozone would be strongly jeopardised. Eur usd exchange rate history Security, given the high terrorism threats, is also a concern for tourism and general consumer sentiment. 100 usd in euro US & Canada

The big question mark in Northern America is clearly the decisions Trump will make regarding monetary, fiscal and industrial policies. Cnbc stock futures market He has vowed to boost US spending on oil which has brought a positive outlook for oil (graph below), despite the uncertainty surrounding Saudi Arabia’s supply levels. Thb to usd The US economy as a whole should benefit from such policies with potential decreasing unemployment and increasing consumption levels.

Last, Canada’s economy should also grow this year, and so should its equities, boosted by the increase in oil price. Usd pound exchange rate The Toronto S&P/TSX composite index has rallied nearly 28 per cent since January last year, and is expected to reach 16,000 points by the end of 2017. Yen to usd conversion Oceania

The outlook in Oceania is more uncertain. Binary translation While Australia has typically been thought of as recession-proof for the past 25 years, things could change with the impending threat of a trade war between the US and China, which would hurt Australia’s economy by negatively affecting its largest trading partner. Usd to inr converter Restrictions, such as tariffs and quotas, by the US on Chinese goods could force China to ‘balance its books’ and import less of Australia’s mining production, which amounts for 4.5% of the GDP.

However, this should not impact the ASX200, which is predicted to hit 6,000 by the end of 2017 according to Credit Suisse, as current low trading multiples should drive Aussie equities up. 100 eur usd Trump’s Presidency and Brexit Negotiations

Much of the developed countries’ performances in 2017 will depend on what transpires from these two affairs. Asian pre market futures Most things are still in the air: Article 50, a potential US-China trade war and global oil production. Mini msci emerging markets index futures The rise of nationalism and protectionism in Europe could also threaten the European project. Euro conversion rate today Hence, because of the high volatility involved, we recommend a careful monitoring of the markets and of the relevant news, as well as a quick reaction to new information that transpires. Hkd to usd converter 2016 saw several shocks, and 2017 is sure not to disappoint.