Recovery in eurozone activity likely from March onwards: UniCredit
Mar 02, 2015 18:59 pm UTC| Commentary
Quotes from UniCredit Research:- February manufacturing PMIs showed weaker growth in Central Europe and extended the contraction of industrial production in Russia and Turkey. However, the picture is better than painted by...
Decline in inflation a concern for PBOC: Danske Bank
Mar 02, 2015 18:43 pm UTC| Commentary
Quotes from Danske Bank:- The Peoples Bank of China Saturday cut both its 1-year lending rate and 1-year deposit rate by 25bp to 5.35% and 2.50% respectively. Interestingly the PBoCs main argument for cutting interest...
Bank of Canada to hold rates at the March meeting: UniCreditBofA Merrill Lynch
Mar 02, 2015 18:28 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Following Governor Polozs recent speech, we expect the BoC to forgo rate cuts in March.- We see risks that the BoC cuts again due to downside risks to GDP and oil prices. We see April as...
Mar 02, 2015 18:22 pm UTC| Commentary
Quotes from UniCredit Research:- We regard the recent NZD appreciation as exaggerated and recommend going long EUR-NZD at 1.4896 with a target of 1.5375, stop loss at 1.4680.- Our bearish view for the kiwi is based on our...
Mar 02, 2015 18:02 pm UTC| Commentary
Quotes from Western Union:- A big week for the U.S. economy got off to a constructive start on Monday which helped the dollar pare early declines against the euro. January readings on personal income and spending and...
Mar 02, 2015 18:01 pm UTC| Commentary
Quotes from Western Union:- The Japanese yen has seen a relatively quiet session despite the various event risks that were seen in Asian trade. Traditionally safe haven flows into the yen would pick up if geopolitical...
Mar 02, 2015 18:00 pm UTC| Commentary
Quotes from Western Union:- Sterling remains at 7-year highs against the euro. European importers might not get a break.- Todays CIPS PMI manufacturing survey is forecast to show the sector expanding at a faster pace,...
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