US economy in good shape for rate hikes: UniCredit
Feb 26, 2015 18:54 pm UTC| Commentary
Quotes from UniCredit Research:- As the Fed approaches its first rate hike, FOMC members are still debating whether the US economy is ready to cope with some policy normalization. Our findings suggest that labor market...
ECB will continue to take a hard line on Greece: Capital Economics
Feb 26, 2015 18:34 pm UTC| Commentary
Quotes from Capital Economics:- The ECB is unlikely to announce any new policies after its meeting next week as it prepares to implement the quantitative easing programme unveiled in January.- President Draghi will claim...
Looking for a copper top: BofA Merrill Lynch
Feb 26, 2015 18:26 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Since late Jan, Copper has been correcting higher. Now, with daily RSI approaching overbought, we look for a top in the confluence of resistance between 5864/6051and a resumption of the...
Daily outlook for USD/CAD: BofA Merrill Lynch
Feb 26, 2015 18:13 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/CAD looks to be completing its 3wk range trade with todays reversal higher.- Indeed, a close above 1.2487 would complete a Bullish Engulfing Candle on daily charts, adding to the...
Sell TYM5 at market: BofA Merrill Lynch
Feb 26, 2015 18:01 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- Sell TYM5 at market (128-00), risk 129-02, target 124-15, potentially 124-15- We turned bearish on Treasuries last week, looking for 10yr yields to break the 100d at 2.131% ahead of a push...
BoC likely to leave rates unchanged for the remainder of the year: TD Economics
Feb 26, 2015 17:43 pm UTC| Commentary
Quotes from TD Economics- While Canadas headline inflation has slowed dramatically, it remains slightly higher than the Bank of Canadas forecast of 0.5% for Q1. And while core inflation is holding just above to the Banks...
US headline inflation is under pressure from external influences: TD Economics
Feb 26, 2015 17:30 pm UTC| Commentary
Quotes from TD Economics- Todays inflation report continued to emphasize the theme that has been developing for several months now, whereby headline inflation is under pressure from external influences while core prices...