Results for: Commerzbank

A Commerzbank strategist warns that Donald Trump’s proposal to enforce dollar dominance in global trade could lead to economic disruption and potentially weaken the U.S. currency. Ulrich Leuchtmann, head of foreign exchange research at Commerzbank, suggests that Trump’s threat to impose 100% tariffs on countries that avoid the dollar could backfire, causing countries to move away from the dollar, potentially jeopardizing the safe-haven status of Treasuries and triggering a significant weakening of the dollar.

Energy stocks are expected to see a decline as the opening bell approaches on Wednesday, with analysts noting that geopolitical tensions continue to weigh on the market. Commerzbank analysts have observed that the risk premium will likely remain elevated due to these ongoing concerns.

Energy stocks declined in the lead-up to Wednesday’s market open, with Commerzbank observing that geopolitical developments continue to influence risk premiums. The oil market’s subdued response to Iran’s attack on Israel was also noted as a factor.