Euro-zone money growth likely to have picked up slightly in Feb
Mar 25, 2015 17:57 pm UTC| Commentary
Capital Economics notes ..... Euro-zone money growth probably picked up slightly in February (09.00 GMT), as the availability of, and demand for, credit seems to have improved. The pace of broad money (M3) growth rose...
Mar 25, 2015 17:30 pm UTC| Commentary
BofA Merrill Lynch notes ..... While we remain bullish ESM5, targeting 2109/2136 resistance, and have no interest in fighting the tape, we remain concerned about near-term seasonality and the VXV/VIX ratio. Both warn of...
US 30yr yields risk a near-term bounce
Mar 25, 2015 17:25 pm UTC| Commentary
BofA Merrill Lynch notes ..... We are bullish US Treasuries from 5yrs and out, with evidence saying that the back end of the curve should lead the way lower (in yield). While we target the Jan-30 lows of 1.150% (5s),...
Mar 25, 2015 17:20 pm UTC| Commentary
BofA Merrill Lynch notes ..... We remain bullish on the AUD/USD. With the 50d avg (now 0.7825) turning from medium term resistance to new support, we look for further gains towards 0.8264/0.8296 before renewed...
Mar 25, 2015 17:18 pm UTC| Commentary
BofA Merrill Lynch notes ..... EUR/GBP continues its stair step higher towards 0.7405/0.7429. Into here we look for signs of topping But it would take an impulsive break of 0.7304/0.7295 before we could say that the...
Mar 25, 2015 17:17 pm UTC| Commentary
BofA Merrill Lynch notes ..... While the immediate picture for EUR/USD is not exactly clear, we could pull back to 2wk trendline support at 1.0763 before resuming upwards to 1.1098/1.1188 before forming a larger top and...
EIA data shows clear disconnect between stocks of crude oil and gasoline
Mar 25, 2015 17:06 pm UTC| Commentary
The EIAs weekly US Petroleum Report, released earlier today, shows that stocks of oil continued to rise last week.There is now a clear disconnect between stocks of crude oil, which continue to surge, and those of gasoline,...
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