Feb 19, 2015 07:01 am UTC| Commentary
Quotes from Nordea Markets: -The GBP was the outperformer among the G10 currencies yesterday following a stellar UK labour market report. Wage growth picking up with the unemployment rate falling is a recipe for a rate...
Daily outlook for EUR/USD: Nordea
Feb 19, 2015 07:00 am UTC| Commentary
Quotes from Nordea Markets: -We see the EUR/USD helped in the short term on signs of a Euro-area recovery, while the Fed rate hike repricing could still help the USD - which will predominate? The result is a range between...
BoE to start hiking rates in Q4 this year: Nordea
Feb 19, 2015 06:59 am UTC| Commentary
Quotes from Nordea Markets: -The Bank of England is in no hurry to raise policy rates either. The minutes revealed a split in the Monetary Policy Committee on the policy stance longer out. -We expect the BoE to start...
Fed likely to hike rates in September: Nordea
Feb 19, 2015 06:58 am UTC| Commentary
Quotes from Nordea Markets: -The Fed is stepping up preparations to start normalising monetary policy later this year. However, the FOMC minutes gave no clear indication on the timing of lift-off in rates or how quickly...
Doubts on ability of PM Abe to repair Japan are on the rise: Societe Generale
Feb 19, 2015 06:52 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -Doubts on the ability of PM Abe to repair Japan are on the rise. Subdued growth is the central scenario: even after a 35% fall in the yen from its 75 high against the...
Impact of BoJ's QQE on asset liquidity is certainly becoming a concern: Societe Generale
Feb 19, 2015 06:50 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -The impact of the Bank of Japan QQE on asset liquidity is certainly becoming a concern. Indeed, buying up more than 90% of total new JGB issuance while already holding...
FOMC's fed funds rate projections will be lowered at March meeting: Danske Bank
Feb 19, 2015 06:46 am UTC| Commentary
Quotes from Danske Bank: -The minutes from the January FOMC meeting strongly suggest that the FOMCs fed funds rate projections will be lowered at the upcoming 18 March meeting and the minutes were in general more dovish...
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