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...
US-GER 10yr spread to widen: BofA Merrill Lynch
Mar 05, 2015 18:20 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Looking at that US-GER 10yr spread, we reiterate our widening view.It remains on track to test 2.7yr channel resistance at...
Daily outlook for USD/TRY: BofA Merrill Lynch
Mar 05, 2015 18:17 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/TRY continues to accelerate higher after its closing break of 15yr channel resistance at 2.5350.- Upside targets are seen to 2.6133 (YTD channel high) before 2.6597 (2yr channel high) ...