Access to Coinfloor's spot exchange will allow investors to convert bitcoin to fiat currency post-physical delivery, providing opportunities for longer -
term currency appreciation or through meeting bitcoin - denominated obligations.
Not exact matches
Over the longer
term, we expect increasing productivity should also result in a broad
appreciation in emerging - market
currencies.
Bank of America Merrill Lunch says that a 10 %
appreciation of the
currency removes 40 - 50 basis points from medium -
term inflation forecasts.
«From a long -
term view, the renminbi remains a strong
currency,» Ms. Zhang said, adding that «in the future, the renminbi will be back on the
appreciation track.»
Domestic inflationary pressures, associated with higher wages and incomes, will lead to higher inflation for non-tradable goods and services but, at the same time, the gradual pass through of the initial exchange rate
appreciation will lead to lower inflation for tradable goods and services (whose prices in foreign
currency terms depend to a significant extent on global considerations).
In addition, their risk - to - reward profile is enhanced by declining
currency volatility and a positive long -
term outlook for
currency appreciation.
Based on current positioning, we expect the All Asset strategies to benefit from the following return tailwinds: a stable to rising breakeven inflation rate, appreciating EM
currencies, convergence of EM - to - U.S. cyclically adjusted price / earnings (CAPE) ratios toward longer -
term averages, and
appreciation of global value stocks from today's elevated discounts toward longer -
term norms.
-- the
term of investment (in years)-- annual returns —
Currency - hedged fund tracking error — Currency conversion cost — size of currency appreciation / depreciation over the investm
Currency - hedged fund tracking error —
Currency conversion cost — size of currency appreciation / depreciation over the investm
Currency conversion cost — size of
currency appreciation / depreciation over the investm
currency appreciation / depreciation over the investment
term
Even if we see a major correction in the BTC price in the short
term, price
appreciation in the long run seems almost inevitable as this digital
currency gradually secures worldwide government acceptance, regulatory approval, and mass adoption.
Adding to the property argument, the ability to sensibly gear the asset at interest rates below the long
term appreciation rates makes for exciting investing in a global
currency.