UK borrowing to have fallen by a decent £9.5bn in Jan: Capital Economics
Feb 19, 2015 19:19 pm UTC| Commentary
Quotes from Capital Economics:- If we are about to see a turnaround in the public finances (09.30 GMT), then Jan is the key month. Borrowing on the new PSNB ex. measure was 2.9bn higher in Dec than a year earlier.-...
Feb 19, 2015 19:01 pm UTC| Commentary
Quotes from Capital Economics:- ECB minutes on Thur confirmed that support for the new QE programme was not unanimous, suggesting that its scale will remain limited. They also highlight discomfort with any policy that...
Euro-zone composite PMI may have risen further in Feb: Capital Economics
Feb 19, 2015 18:47 pm UTC| Commentary
Quotes from Capital Economics:- The euro-zone composite PMI (09.00 GMT)may have risen further in Feb. Jans rise in the headline composite index was the second in a row and left it at its highest level since last August....
Sterling’s gains unlikely to be sustained: Capital Economics
Feb 19, 2015 18:31 pm UTC| Commentary
Quotes from Capital Economics:- Sterling is one of the only major currencies to have appreciated against the US dollar over the past month. However, we doubt its renewed strength will last.- We forecast sterlings exchange...
Uptrend in Euro Stoxx 50 remains intact: BofA Merrill Lynch
Feb 19, 2015 18:06 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain bullish on European equities, with the Euro Stoxx futures (VGH5) on track to test upside targets at 3553 (measured move of the Jan/Feb Triangle). From a cash index perspective...
US 5s30s consolidate: BofA Merrill Lynch
Feb 19, 2015 17:49 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While yesterdays close above the 60d average (now 115.8bps) was the first since Oct-28 and only the second instance since Dec13, we maintain a flattening bias.- With daily momentum now...
US $ Index bull trend is about to resume: BofA Merrill Lynch
Feb 19, 2015 17:42 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- For the past 3 weeks the US $ Index has been caught in a well defined contracting range. Now that range is drawing to a close and the larger bull trend is about resume.- As such we...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects