Deutsche Bank's Thoughts On Greenland: Europe Owns $8 Trillion Of US Bonds And Equities
This weekend President Trump renewed trade threats on Europe with the aim of acquiring Greenland. And while the euro dipped in early trade, DB's chief FX strategist George Saravelos is not so sure the impact on the euro will be as negative as is commonly assumed. He explains why in a note posted earlier on Sunday (and available to pro subs).
We excerpt the highlights from the note below:
