Reuters logo
BRIEF-Blackrock’s strategist Richard Turnill says we see a modestly higher U.S. dollar ahead‍​
November 6, 2017 / 6:48 PM / in a month

BRIEF-Blackrock’s strategist Richard Turnill says we see a modestly higher U.S. dollar ahead‍​

Nov 6 (Reuters) - Blackrock Inc

* Blackrock’s strategist Richard Turnill says we see a modestly higher U.S. dollar ahead‍​

* Blackrock’s Turnill says see stronger U.S. dollar as Fed normalizes ahead of its developed market peers & U.S. economic growth shows upside potential‍​‍​

* ‍Blackrock’s Turnill says commodities have rallied, emerging market equities outperformed developed market counterparts over past month despite stronger usd​

* Blackrock’s Turnill says “believe a modestly higher usd ahead supports the case for favoring eurozone and Japanese equities”

* Blackrock’s Turnill says “within currencies, we favor the usd to the Euro and Yen amid monetary policy divergence”

* ‍Blackrock’s Turnill says see EM equities able to withstand a modestly higher USD amid improving economic conditions, earnings growth, investor sentiment​

* ‍Blackrock’s Turnill says we see a stronger usd versus the euro and yen supporting equities in the Eurozone and Japan

* ‍Blackrock's Turnill says deficit-financed tax cuts could boost U.S. treasury issuance & growth, leading to higher interest rates, rapid dollar rise​ Source text : [ID:bit.ly/2ya68M8] Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below