Draghi unlikely to jump on the taper bandwagon - GKFX

Mar 09, 2017, 11:03 AM

GKFX Chief Market Analyst James Hughes believes Draghi is unlikely jump on the Taper bandwagon as the ultra easy policies are finally working as expected and there are lingering issues like the Greek crisis and political uncertainty ahead.

Also discussed is the price action in gold and oil. Do losses in gold represent Trump fatigue or heightened odds of faster Fed rate hikes?

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