Mar 04, 2015 18:38 pm UTC| Commentary
Quotes from Western Union:- Polands currency, the zloty, flirted with six-year lows in the 3.74s against the greenback after the nations central bank cut rates by a deeper than expected 50 basis points to 1.50%, an...
Mar 04, 2015 18:38 pm UTC| Commentary
Quotes from Western Union:- The week so far has gone better than planned for Aussie bulls as the Down Under unit has successfully weathered a central bank decision and quarterly growth data today that were in line with...
Mar 04, 2015 18:37 pm UTC| Commentary
Quotes from Western Union:- The market has brightened for GBP buyers as sterling has swung from multiweek highs to now multiweek lows. Political uncertainty is on the rise in Britain ahead of whats likely to be a too close...
Bank of Canada sees risks as balanced: TD Economics
Mar 04, 2015 18:27 pm UTC| Commentary
Quotes from TD Economics:- Following the surprise January interest rate cut, markets have been closely monitoring Bank of Canada communications. Todays decision to maintain the overnight rate at 0.75% is consistent with...
US nonfarm payrolls probably expanded by a healthy 280,000 in Feb: Societe Generale
Mar 04, 2015 18:12 pm UTC| Commentary
Quotes from Societe Generale:- The BLS report on the employment situation in Feb will provide a final update on hiring activity ahead of the March 17-18 FOMC meeting. Our analysis suggests that last months readings on...
WTI is completing a micro-term base: BofA Merrill Lynch
Mar 04, 2015 17:59 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While 16yr trendline support (now 46.24) has arrested the decline, WTI has failed to make any meaningful upside, particularly when compared to the price action in HO and RB.- In the...
Bearish US Treasuries and short TYM5: BofA Merrill Lynch
Mar 04, 2015 17:48 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain bearish US Treasuries and short TYM5. Now, watch the 100d in 10yr yields (now 2.119%) and 2.750% in 30yr yields. A close through both of these levels confirms a resumption of the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight