Weekly Fundamentals - Oil Declined on Concerns over Trump's Policies

12 November 2016 12 November 2016

RubyePeoples

Financial markets had a roller-coaster week as Donald Trump surprisingly won the US presidential election. However, after his victory was confirmed, risk appetite soon returned amidst hopes that Trump's pro-growth policy is bullish to the financial market. Trump proposes a looser fiscal policy, which could lead to higher growth and inflation risk premia.