euro | The Property Chronicle

Europe faces macro storm clouds this autumn

by Matein Khalid | Jul 10, 2017 | The Macro View

European equities were the classic ‘pain trade’ of 2017, the bull market’s wall of worry was scalable, even a slam dunk. Geert Wilders and Marine Le Pen were defeated in the Dutch and French election, reducing political risk in Europe. Greece got its...

Wall Street: a hawkish Federal Reserve and the US dollar comeback

by Matein Khalid | Jun 19, 2017 | The Macro View

Dr Janet Yellen surprised the financial markets with her hawkish take on interest rate policy and inflation even as the FOMC raised the Fed Funds rate for the fourth time since December 2015. Despite successive weak CPI and auto/retail sales data, Dr Yellen asserted...

Can UAE emerge as an aircraft leasing hub?

by Matein Khalid | Jun 5, 2017 | The Macro View

I was stunned to read a Boeing report that forecasts that the global passenger jet fleet will more than double to 45,250 by 2035. Given that almost 20,000 of the world’s in-service aircraft will be retired or converted to freighters in the next decade, Boeing...

What next for G-10 currencies and crude oil?

by Matein Khalid | May 6, 2017 | The Macro View

The euro, the French stock market, OAT-German debt interest rates spreads, the Volatility Index (VIX) and the ghosts of Vichy, Oradour and Algérie française convince me that Emmanuel Macron will be the next President of France on Sunday. So I see no reason to abandon...

France’s election and global financial risks

by Matein Khalid | May 1, 2017 | The Macro View

The French election is a game changer for global financial markets for multiple reasons. One: the worst case scenario of far right (Le Pen) and far left (Melenchon) as second round candidates for the Elysee Palace on May 7th is no longer a systemic risk. This was the...