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Flash: US headed to war? – Deutsche Bank

FXstreet.com (New York) – Markets have had another choppy week driven by geopolitical tensions, emerging markets weakness and thin liquidity, note Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank.

Key quotes

“On the geopolitical side, President Obama is reportedly prepared to move ahead with a limited military strike on Assad forces even without the support of its key allies. This comes after the rejection by the UK House of Commons of Prime Minister Cameron’s motion urging an international response to the Assad regime.”

“Although the vote is non-binding, Cameron has said that he will be respecting the will of the …read more