Sterling’s gains unlikely to be sustained: Capital Economics
Feb 19, 2015 18:31 pm UTC| Commentary
Quotes from Capital Economics:- Sterling is one of the only major currencies to have appreciated against the US dollar over the past month. However, we doubt its renewed strength will last.- We forecast sterlings exchange...
Uptrend in Euro Stoxx 50 remains intact: BofA Merrill Lynch
Feb 19, 2015 18:06 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain bullish on European equities, with the Euro Stoxx futures (VGH5) on track to test upside targets at 3553 (measured move of the Jan/Feb Triangle). From a cash index perspective...
US 5s30s consolidate: BofA Merrill Lynch
Feb 19, 2015 17:49 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While yesterdays close above the 60d average (now 115.8bps) was the first since Oct-28 and only the second instance since Dec13, we maintain a flattening bias.- With daily momentum now...
US $ Index bull trend is about to resume: BofA Merrill Lynch
Feb 19, 2015 17:42 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- For the past 3 weeks the US $ Index has been caught in a well defined contracting range. Now that range is drawing to a close and the larger bull trend is about resume.- As such we...
Buy 3M 1X2 EUR Call-ZAR Put Spread: UniCredit
Feb 19, 2015 17:37 pm UTC| Commentary
Quotes from UniCredit Research:- Buy 3M (22 May) 1X2 13.50/14.50 EUR call -ZAR put spread for 1.19% EUR notional (spot reference 13.25).- From mid-Dec until early Feb, ZAR performed well both against the EUR and even...
Feb 19, 2015 16:35 pm UTC| Commentary
Quotes from Western Union:- A decent set of weekly jobless claims figures helped the dollar recover further from Wednesdays dovish Fed minutes. Another sub- 300,000 print (283K officially) of weekly jobless claims...
Feb 19, 2015 16:34 pm UTC| Commentary
Quotes from Western Union:- The loonie flirted with one-week lows against its U.S. counterpart, still held hostage to the oil trade. The market seems to think the recent rebound in oil has been excessive. Consequently,...