Lower euro and oil prices starting to support EZ fundamentals: Societe Generale
Feb 20, 2015 19:23 pm UTC| Commentary
Quotes from Societe Generale:- Lower euro and lower oil prices are starting to support eurozone fundamentals, while cyclical indicators like PMIs are on the rise. This fundamental story adds to the liquidity (ECB QE) and...
ECB QE not priced in: BofA Merrill Lynch
Feb 20, 2015 18:57 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We have been arguing for a while that ECB QE is not priced in. 2Y1Y EONIA is trading at only around -3bp (wetarget -15bp). The periphery remains wider than on the day of the actual ECB...
Parallel currency not the solution for Greece: Capital Economics
Feb 20, 2015 18:37 pm UTC| Commentary
Quotes from Capital Economics:- The idea that Greece could introduce a parallel domestic currency to improve its competitiveness while still honouring its international debts is not the solution to the countrys problems.-...
Euro-zone recovery may have continued in Q1 of 2015: Capital Economics
Feb 20, 2015 18:05 pm UTC| Commentary
Quotes from Capital Economics:- Februarys small rise in the euro-zone composite PMI (released on Friday) provided some reassurance that the regions recovery may have continued in Q1 of 2015 despite the ongoing crisis in...
“Grexit” could boost gold: Capital Economics
Feb 20, 2015 17:39 pm UTC| Commentary
Quotes from Capital Economics:- Commodity markets are paying less attention to the risk that Greece might be forced out of the euro-zone. Most investors still view "Grexit" as unlikely, or at least have confidence in the...
Feb 20, 2015 17:32 pm UTC| Commentary
Quotes from Western Union:- The greenback moved toward the stronger end of its recent narrow range, benefiting from market risks related to Greece and still alive prospects for the Fed to boost interest rates as early as...
Feb 20, 2015 17:31 pm UTC| Commentary
Quotes from Western Union:- The biggest plunge in local retail spending in years weighed on the loonie and had it pennies away from recent six-year lows. Lower gas prices were mostly behind the 2 percent tumble in Canadian...
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