Mar 04, 2015 18:37 pm UTC| Commentary
Quotes from Western Union:- The market has brightened for GBP buyers as sterling has swung from multiweek highs to now multiweek lows. Political uncertainty is on the rise in Britain ahead of whats likely to be a too close...
Bank of Canada sees risks as balanced: TD Economics
Mar 04, 2015 18:27 pm UTC| Commentary
Quotes from TD Economics:- Following the surprise January interest rate cut, markets have been closely monitoring Bank of Canada communications. Todays decision to maintain the overnight rate at 0.75% is consistent with...
US nonfarm payrolls probably expanded by a healthy 280,000 in Feb: Societe Generale
Mar 04, 2015 18:12 pm UTC| Commentary
Quotes from Societe Generale:- The BLS report on the employment situation in Feb will provide a final update on hiring activity ahead of the March 17-18 FOMC meeting. Our analysis suggests that last months readings on...
WTI is completing a micro-term base: BofA Merrill Lynch
Mar 04, 2015 17:59 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While 16yr trendline support (now 46.24) has arrested the decline, WTI has failed to make any meaningful upside, particularly when compared to the price action in HO and RB.- In the...
Bearish US Treasuries and short TYM5: BofA Merrill Lynch
Mar 04, 2015 17:48 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain bearish US Treasuries and short TYM5. Now, watch the 100d in 10yr yields (now 2.119%) and 2.750% in 30yr yields. A close through both of these levels confirms a resumption of the...
ESH5 continues to correct lower: BofA Merrill Lynch
Mar 04, 2015 17:47 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...
Daily outlook for USD/JPY: BofA Merrill Lynch
Mar 04, 2015 17:37 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/JPY is on the verge of completing its 3m range trade and resuming its long term bull trend for 120.49.- A break of Triangle resistance (now 120.06) is the 1st sign that the bull trend...