US-GER 10yr spread to widen: BofA Merrill Lynch
Mar 05, 2015 18:20 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Looking at that US-GER 10yr spread, we reiterate our widening view.It remains on track to test 2.7yr channel resistance at...
Daily outlook for USD/TRY: BofA Merrill Lynch
Mar 05, 2015 18:17 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/TRY continues to accelerate higher after its closing break of 15yr channel resistance at 2.5350.- Upside targets are seen to 2.6133 (YTD channel high) before 2.6597 (2yr channel high) ...
Daily outlook for GBP/USD: BofA Merrill Lynch
Mar 05, 2015 18:16 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- GBP/USD is finally falling in with the US $ bull trend after its close below the 1.5322 pivot.- This confirms a resumption of its larger bear trend and clears the way a test of the Jul13...
ECB's QE unlikely to prompt a meaningful economic recovery in EZ: Capital Economics
Mar 05, 2015 18:11 pm UTC| Commentary
Quotes from Capital Economics:- While ECB President Mario Draghi struck a cautiously optimistic tone today, we doubt that the Banks quantitative easing programme will prompt a meaningful economic recovery or eradicate the...
ECB continued to take a pretty tough line on Greece: Capital Economics
Mar 05, 2015 17:58 pm UTC| Commentary
Quotes from Capital Economics:- Draghi confirmed that the ECB had agreed for the Greek Central Bank to increase Emergency Liquidity Assistance from 68.3bn to 68.8bn. But this drip-feed of liquidity will do little to...
US non-farm payrolls probably increased by a slightly more modest 230,000 in Feb: Capital Economics
Mar 05, 2015 17:51 pm UTC| Commentary
Quotes from Capital Economics:- Our econometric model indicates that non-farm payrolls increased by a slightly more modest 230,000 in Feb, following some much stronger gains over the preceding few months.- We anticipate...
Japan unlikely to mimic Switzerland and abandon its currency strategy: HSBC
Mar 05, 2015 17:03 pm UTC| Commentary
Quotes from HSBC:- Japan is not about to mimic Switzerland and abandon its currency strategy. The JPY strengthened earlier this year on signs of growing policymaker concern about the potentially damaging effect of a weak...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects