Current low oil scenario is not a blip: Voya Global Perspectives
Mar 03, 2015 18:28 pm UTC| Commentary
Quotes from Voya Global Perspectives:- US auto sales are up in February but are coming in shy of expectations. Surely the harsh winter weather is a factor, especially in the Northeast. But consumers generally still dont...
Gains in Copper are corrective and temporary: BofA Merrill Lynch
Mar 03, 2015 18:21 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Since late Jan, Copper has been correcting higher. Now, with daily RSI rolling over from overbought, we look for a top in the confluence of resistance between 5864/6051and a resumption of...
Euro Stoxx is near-term vulnerable: BofA Merrill Lynch
Mar 03, 2015 18:15 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While price action has exceeded our upside target of 3553, evidence says that this is a very late stage advance at very high risk of a correction.- The completing impulsive advance from the...
Bearish US Treasuries: BofA Merrill Lynch
Mar 03, 2015 18:10 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We are bearish US Treasuries and short TYM5 for 124-15/124-00. Now its time to lower the TYM5 trailing stop to 127-29 from 129-02. Key near term support is the 100d in 10yr yields (now...
EM FX vulnerable as US yields rise: BofA Merrill Lynch
Mar 03, 2015 18:02 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- With US yields poised to rise further, we remain bearish much of EM FX. TRY, BRL, ZAR, and COP are all particularly vulnerable.- Of these three, USD/TRY is particularly exposed following...
Danmarks Nationalbank to keep EUR/DKK in 7.4440-7.4700 range in 1M-12M: Danske Bank
Mar 03, 2015 17:33 pm UTC| Commentary
Quotes from Danske Bank: - Danmarks Nationalbank (DN) made FX intervention purchases for DKK168.7bn in February. In the latter part of February, DN did not intervene in the FX market. - Despite the surge in the Danish FX...
Mar 03, 2015 17:28 pm UTC| Commentary
Quotes from Western Union:- The dollar pared gains after soaring overnight to new 11-year highs on a trade-weighted basis. The rise to new highs, coupled with uncertainty ahead of Fridays crucial U.S. jobs report, leaves...
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