Coal prices to fall further over the next few years: Capital Economics
Mar 05, 2015 19:56 pm UTC| Commentary
Quotes from Capital Economics:- We expect global demand for coal to be subdued and prices to fall further over the next few years as China continues to turn its back on coal.- However, the downside should be limited by...
New ECB forecasts suggest a much-improved economic outlook and include QE impact: Societe Generale
Mar 05, 2015 19:45 pm UTC| Commentary
Quotes from Societe Generale:- Draghi claimed that the ECBs decisions have already had significant positive effects and that the transmission of its actions will strengthen in an environment of improving consumer and...
Mar 05, 2015 19:24 pm UTC| Commentary
Quotes from TD Economics:- Yesterday evening, China lowered its economic growth target for 2015 to "around 7.0%" as it heads for a "new normal" for growth. This is the first time since 2005 that the target falls below...
Second estimate of euro-zone Q4 GDP likely to confirm EZ expanded by 0.3% q/q: Capital Economics
Mar 05, 2015 18:56 pm UTC| Commentary
Quotes from Capital Economics:- Second estimate and breakdown of euro-zone Q4 GDP (10.00 GMT) is likely to confirm that the euro-zone expanded by 0.3% q/q.- The country breakdowns already published suggest that household...
ECB QE will in the most likely scenario stop in September 2016: UniCredit
Mar 05, 2015 18:39 pm UTC| Commentary
Quotes from UniCredit Research:- After Decembers flat reading, we see eurozone industrial production rebounding in January. Factory activity will continue to benefit from falling oil prices and a depreciating EUR. The...
Gold to base ahead of 1169: BofA Merrill Lynch
Mar 05, 2015 18:26 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain medium term gold bulls, targeting 1345 (Jul14 high) and potentially as far as 1433 (Aug13 high) before the long-term bear trend emerges.- Now, preliminary evidence says that that...
ESH5 probes the pivot: BofA Merrill Lynch
Mar 05, 2015 18:22 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- ESH5 continues to correct lower. The break of 2099.50 clears the way for 2082.50/62.50 before renewed basing potential.- Bigger picture, we remain bullish with a break of the Feb-09 low at...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects