US 10yr yields turn medium term bearish: BofA Merrill Lynch
Feb 18, 2015 18:20 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- US 10yr yields have turned medium term bearish. The break of 2.150% (the Dec-01 low) says that the trend has turned bearish, pointing to further yield gains in the weeks and months to...
Gold weakness remains corrective: BofA Merrill Lynch
Feb 18, 2015 18:09 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- The weakness in gold has been much greater than anticipated. However, our view remains unchanged. We are in a medium to longer term uptrend, targeting 1345 (Jul14 high) and potentially as...
Daily outlook for USD/KRW: BofA Merrill Lynch
Feb 18, 2015 17:58 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/KRW continues on its upward trend. In the sessions ahead we expect a test and break of the Dec-05 high at 1122.6 ahead of 1157 and eventually 1186/1187.- Pullbacks should be limited to...
Daily outlook for GBP/USD: BofA Merrill Lynch
Feb 18, 2015 17:56 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- With the US $ index stuck in a 3wk contracting range between 94.94 93.85, we look for GBP/USD to continue its upward correction into 1.5605/1.5791 before greater signs of topping emerge.-...
French reform package unlikely to generate a meaningful economic recovery: Capital Economics
Feb 18, 2015 17:46 pm UTC| Commentary
Quotes from Capital Economics:- The French Governments decision yesterday to force its reform package through the lower house of Parliament showed a welcome political commitment to implement growth-boosting measures. But...
NBH could intervene with other measures to lower medium and long-term rates: UniCredit
Feb 18, 2015 17:36 pm UTC| Commentary
Quotes from UniCredit Research:- National Bank of Hungary (NBH) expanded the Funding for Growth Scheme (FGS) by HUF 500bn (1.6% of GDP). The most likely outcome of the FGS expansion is a slight boost to growth and very...
US housing starts likely to end 2015 at 1.4 million units: TD Economics
Feb 18, 2015 17:24 pm UTC| Commentary
Quotes from TD Economics:- Housing starts come in a touch weaker than expected in January. Despite the headline number coming in weaker than expected, the blow was somewhat softened by the fact that the majority of the...