Euro 'Fairly Close to $1.30' at End of 2019, Says Investec's Shaw

The video provides a top-down analysis of global currencies, focusing on the impact of global economic concerns, particularly the potential US-China tariff war. It discusses the likelihood of a resolution to trade tensions and the expected outcomes for global GDP growth. The video also covers the European Central Bank's monetary policy, predicting a cessation of its QE program and a subsequent interest rate rise, which could support the euro. Additionally, it explores how trade war threats might ironically support the US dollar as investors seek safe havens like US Treasurys.

What is the primary concern of markets regarding global growth?

• Increasing unemployment rates

• Rising inflation rates

• Potential tariff wars

• Decreasing oil prices

What is the European Central Bank expected to do at the end of the year?

• Cease its QE program

• Lower interest rates

• Increase quantitative easing

• Introduce new currency

How might the euro be supported according to the discussion?

• By a decrease in global oil prices

• By an increase in US tariffs

• Through a rise in global inflation

• Through ECB's tightening of monetary policy

Why might the US dollar be supported during trade war threats?

• Due to increased global trade

• Because of its role as a safe haven

• Due to rising US inflation

• Because of decreasing US interest rates

What is considered the largest safe haven market?

• Gold

• US Treasurys

• Euro

• Japanese Yen