Feb 19, 2015 06:29 am UTC| Commentary
Quotes from RBC Capital Markets: -CAD: Has underperformed, in line with oils heavy price action. Today we get a speech from BoC Dep. Gov. Cté on Inflation Expectations and Monetary Policy, and judging from the...
Feb 19, 2015 06:28 am UTC| Commentary
Quotes from RBC Capital Markets: -EUR: The ECB reportedly increased the ELA funding for Greek banks to EUR68.3bn (up just 3.3bn from two weeks ago) and will meet again on March 4 to reconsider. There is no data on how...
Feb 19, 2015 06:27 am UTC| Commentary
Quotes from RBC Capital Markets: -USD: The full sentence from the FOMC Minutes that caught all the attention was: "Many participants indicated that their assessment of the balance of risks associated with the timing of...
The ECB reportedly increased the ELA funding for Greek banks to EUR68.3bn
Feb 19, 2015 00:43 am UTC| Commentary
The ECB reportedly increased the ELA funding for Greek banks to EUR68.3bn (up just 3.3bn from 2 weeks ago) and will meet again on March 4th to re-consider. There is no data on how much of the ELA is being used but reports...
Feb 19, 2015 00:41 am UTC| Commentary
"Many Fed officials inclined to stay at zero longer" is the main headline that caught the markets attention from the FOMC Minutes. While the full context of that phrase is a bit softer (see USD), our US strategists point...
Bar for raising US rates by June is higher than it was in Dec: Barclays
Feb 18, 2015 20:42 pm UTC| Commentary
Quotes from Barclays Capital:- Our main takeaway from the January FOMC minutes is that concern about downside risk to inflation has risen and, consequently, the bar for raising rates by June is higher than it was in...
The message FOMC officials want to convey is not entirely clear: Capital Economics
Feb 18, 2015 20:30 pm UTC| Commentary
Quotes from Capital Economics:- Markets have initially interpreted the minutes of the late January FOMC meeting as dovish, but it is not entirely clear that is the message FOMC officials want to convey.- Markets appear to...