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Discussing the Canadian Loonie, Brexit and the Federal Reserve on BNN


In Richard Perry’s latest appearance on Canadian business channel, BNN, he discussed a range of topics from Canadian monetary policy, to Brexit and the Federal Reserve. The strength of the Canadian Loonie has been driven by upbeat comments on economic growth from the Bank of Canada’s Carolyn Wilkins, but what could it mean for monetary policy? The legacy of a hung parliament in the UK General Election is wide-reaching, however the impact on Brexit could be crucial. Will it be a hard or soft Brexit and what about the impact on sterling? How will the Federal Reserve start to seriously communicate the process of its balance sheet reduction and how will this impact the delivery of monetary tightening?

Richard Perry on BNN

The video below shows Richard’s interview with BNN’s Paul Bagnell.

 


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At Hantec Markets Ltd we provide an execution only service. Any opinions expressed by analyst Richard Perry should not be construed as investment advice or an investment recommendation. This report does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Forex and CFDs are leveraged products which can result in losses greater than your initial deposit. Therefore you should only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions.