Global Perspectives: Final Currency Thoughts for 2019 Part 1
Weekly commentary on international finance and economics including global events and how world issues affect our domestic issues.
Final Currency Thoughts for 2019 Part 1
Share this story:
As we wind down 2018, we wanted to summarize our thoughts for major currencies in 2019. Currency forecasting is never easy. It is made all the more difficult by an ever more volatile geopolitical environment. And it is even more complicated when there are so many developments in the world that turn out to be more black and white than expected.
The first of these is Brexit. British Prime Minister Theresa May told parliament this week that debate on her Brexit plan will take place the week of January 7, with the vote the following week.
We expect the plan to pass. But if the vote fails there are alternatives, including a possible second referendum or an extension of the deadline for the United Kingdom to leave the EU.
Want to learn more about international finance, economics, and global events? Sign up for our other Foreign Exchange emails and videos!
Follow City National Bank on social media:
Investment and Insurance Products:
Are Not insured by the FDIC or any other federal government agency
Are Not deposits of or guaranteed by a Bank or any Bank Affiliate
May Lose Value
This report is for general information and education only and was compiled from data and sources believed to be reliable. City National Bank does not warrant that it is accurate or complete. Opinions expressed and estimates or projections given are those of the authors as of the date of the report with no obligation to update or notify of inaccuracy or change. This report is not a recommendation or an offer or solicitation to buy or sell any financial instrument discussed. It is not specific investment advice. Financial instruments discussed may not be suitable for the reader. Readers must make independent investment decisions based on their own investment objectives and financial situations. Prices and financial instruments discussed are subject to change without notice. Instruments denominated in a foreign currency are subject to exchange rate and other risks. The Bank (and its clients or associated persons) may engage in transactions inconsistent with this report and may buy from or sell to clients or others the financial instruments discussed on a principal basis. Past performance is not an indication of future results. This report may not be reproduced, distributed or further published by any person without the written consent of City National Bank. Please cite source when quoting.
Now accepting scholarship apps Celebrating 40 years of service -- A loan to an innovative company -- Affording your dream home -- Mergers and a new branch in Raleigh View this email in your browser Forward to a friend
Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update