
Japan's prime minister Shinzo Abe
Mouhammed Choukeir, the chief investment officer of Kleinwort Hambros,
Bloomberg's Matt Miller also noted that Trump is giving a similar "shot in the arm" for Europe's economy. However, Choukeir jumped in and pointed out that the uncertainty surrounding the U.S. election is over, but now Europe will face similar election uncertainties as people across Germany, Italy, France and Netherlands will head to the polls.
Don't Forget About China
Choukeir also discussed the drastic reversals in the Chinese yuan, which has given up all of its gains of the past eight years. The foreign exchange expert noted that China's currency is very controlled, and when Trump says China is a currency manipulator this statement is very accurate.
Choukeir further noted that Trump's administration doesn't need to target China's currency directly and can focus on tariffs to combat China's currency manipulation.
Image Credit: By 内閣官房内閣広報室 (平成28年11月17日 トランプ次期米国大統領との会談) [CC BY 4.0], via
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.