More pressure for the ECB after Paris attacks
Following the atrocious attacks in Paris this weekend, Saxo Capital Markets Asia Macro Strategist Kay Van-Petersen says that while "Parisians will emerge out of this stronger and more united than before, unfortunately politics will be something very different". Van-Petersen believes the latest terrorist episode claimed by ISIS will put even more weight and pressure on monetary policy in the Eurozone, as greater bipolarization is expected to come. And "the greater the bipolarization of the European governments, the lower the probability of any significant reform". Saxo's strategist says that "whilst country leaders will claim solidarity, offer support and grandiose headlines, the workings of individual country's politics will continue to fall in disarray". To read more visit: (VIEW LINK)
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