Obama held his year-end news conference and touched on a variety of subjects: USA will respond to Sony hack in time and manner we choose Hackers caused a lot of damage and we will respond Wants to fix provisions in … Continue reading
Economists at Barclays have issued inflation forecasts for the eurozone: See 0.5% inflation in 2015 See 0.8% inflation in 2016 versus 0.9% previously Weak labor cost pressures “will filter through consumer prices and ultimately, have lasting disinflationary effects” Low inflation … Continue reading
Speaking on Bloomberg Radio: Fed is getting closer to the time to consider normalizing Monetary policy is data dependent ‘Patient’ means no move in next couple meetings We will see inflation in 2015 well below 2% We are getting close … Continue reading
This market just can’t get enough US dollars. Cable just fell below the European low of 1.5617 and the euro’s wonky needs continue to give out. Buying the US Dollar Index on New Year’s Day 1999 was an incredible trade, … Continue reading
Someone’s got it in for the poor single currency. Hasn’t it had enough of a battering the last 6 months? Who knows, but the 200 mma is holding up so far but for how long? Here comes try number two … Continue reading
And everyone else right of the Atlantic. You yanks can wait until Adam clocks off Just a reminder that we’ll be half cut light coverage Monday and Tuesday and we wish that all those that are finishing for the weekend and the … Continue reading
1.2025 the low as what looks to be some last minute positioning going through in thinning liquidity kicks in. AUD/USD busts support at 0.8150 to 0.8130 with further support at 0.8120/15 There’s nothing in the news and we should expect … Continue reading
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