Trump contagion is only just starting, strategist says

While Donald Trump's win is expected to have a positive impact on the US economy, it may boost populism in Europe

Donald Trump
Trump effect: his presidency will have a mixed impact in other parts of the world

While the election of Donald Trump to the US presidency may have surprised financial markets at the onset, Nikolaos Panigirtzoglou, managing director of global market strategy at JP Morgan, says the effects are only just starting to be felt and the so-called Trump trade is in its early stages.

Speaking at the 2016 FX Week Europe conference in London, Panigirtzoglou says that despite the dollar having gained 20% in value over the past two years, Trump's win is likely to strengthen the US currency

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