Europe: Great uncertainty ahead - TDS

Sandeep Kanihama FXStreet Contributor

James Rossiter , senior global strategist at TD Securities, suggests that the power structures of Europe will look very different six months from now as new players will occupy the positions of UK Prime Minister, ECB President, European Council President, European Commission President, and European Parliament President.

Key Quotes

“A new Governor for the Bank of England will also be announced in the autumn. In addition, we see risks of elections later this year in the UK, Germany, and Italy, among others.”

“Throughout this transition of power, there will be great uncertainty. Politics will frequently be put ahead of rational choice, leaving outcomes at this stage almost completely unpredictable.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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