More wasting of time in Greece
Mar 10, 2015 08:02 am UTC| Commentary
Yesterdays Eurogroup meeting did not really make progress on Greece. It concluded the discussions between Greece and the three institutions, the IMF, Commission and the ECB, would begin on Wednesday.Eurogroup head...
Mar 10, 2015 07:56 am UTC| Commentary
Euro-area yields saw big declines yesterday, as the ECB finally started buying. The EUR/USD, in turn, has continued to tumble, and has plummeted below 1.08 this morning.Yesterdays Eurogroup meeting did not really make...
Danish inflation likely to remain above euro-area inflation for the rest of 2015
Mar 10, 2015 07:03 am UTC| Commentary
Fuel prices are up and base effects are also pulling upwards. February is where we get the annual rent index update, which accounts for 20.4% of total CPI, so the potential for surprise is large.Danske Bank notes in a...
EGB market to continue to focus on the ECB purchases
Mar 10, 2015 06:58 am UTC| Commentary
Yesterday, a strong performance in core fixed income markets was seen as the ECB initiated its purchases. Besides the QE programme finally being started there were no apparent drivers for the rebound in bond...
U.S Fed likely to increase interest rates in June
Mar 10, 2015 06:49 am UTC| Commentary
The USD rally gained further tailwind yesterday and EUR/USD dropped below 1.08 overnight supported by some hawkish comments from Dallas Fed president Richard Fischer (non-voter, Hawk) saying that the Fed should increase...
Mar 10, 2015 06:27 am UTC| Commentary
Uncertainty over the optimal interest rate policy has increased in the run-up to the March meeting (13 March) of the CBR Board of Directors, which will be devoted to reaching a decision on whether or not to cut the key...
French industrial production set to improve
Mar 10, 2015 06:12 am UTC| Commentary
In Europe, French industrial production is set to improve for the second month in a row, rising by another 0.5% mom in January.The Eurogroup did not make any material decision on Greece on Monday but announced that the...
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