10Goldman Sachs the pound in the next two months fell by more than five of the reasons for the 7%|Goldman Sachs the pound in the next two months fell by more than five of the reasons for the 7%6

Goldman: fell 7% pounds in the next two months of the five major reasons for the hot column capital flows thousand thousand shares of stock on the latest rating diagnosis simulated trading client Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! Huitong news network October 14th — with the British "hard off Europe" has gradually become a reality by the expected, is expected before the British "soft off Europe" is not even off the European investors gradually began to correct the previously expected, at the same time, the pound has relative to other currencies in the G10 for more than a week in the fall 5%. However, Goldman Sachs said that the pound against the U.S. dollar is still three months in 2016 than it expected in July to reach a target of 1.20 points higher than the target, therefore, Goldman Sachs believes there is room for further decline in the pound. Goldman Sachs has quantified the potential decline in the future. Goldman said, show the standard quantitative model based on the potential impact of British political uncertainty caused by the pound may cause the cumulative decline of 25% by the end of the year, this is the pound before the end of the year or current levels to step down 7%. Although this estimate may decline due to their own factors and model accuracy, and should be carefully treated, but the "negative" is indeed likely the pound fell further in the coming months. First of all, although from Europe during the negotiations between Britain and the EU "opposition" and negotiation difficulty to some extent in the past week has been market pricing, but the expected negative news is still not completely out of full disclosure. Second, the UK is expected next year, the economic data will further deteriorate, the degree of deterioration or market expectations, and will be much more serious than the current, so it will further suppress the pound down. Third, the expected future monetary and fiscal policy in Britain to put more emphasis on its economic growth rather than inflation problems; therefore, the expected future policy news in the UK for the best pound would be neutral, even may be bad. Fourth, the market for the fed to raise interest rates in December re pricing to provide further support for the dollar, but also will open further downward space for the pound. Finally, from the current point of view, although the UK’s current account trade deficit is huge, but it is not expected to occur in emerging countries, such as the international balance of payments crisis. As long as the British legal system and is expected to remain stable, and hold a friendly attitude to business activities, not because of capital inflows suddenly forced to pound more substantial devaluation of the pound, that is to say, even in no international payments crisis, will also be in less than a year or more time depreciation 25%. In addition, although in many cases, the exchange rate regime can be fixed or pegged system, but it is expected that the UK will not let the pound continued to depreciate, it will not be announced a one-time devaluation. Enter the Sina financial stocks] discussion