US 10yr yields' bullish view at risk: BofA Merrill Lynch
Feb 17, 2015 18:44 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain treasury bulls, looking for 10yr yields to make a push into 1.612%/1.540 (Lows of May13 through Sep12) before greater signs of a base emerge. This view is invalidated on a break...
Stay bullish ESH5: BofA Merrill Lynch
Feb 17, 2015 18:37 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- The ESH5 break of the Dec-29 high keeps the focus higher for new all-time highs. Upside targets are seen to 2136, before greater signs of topping emerge. Pullbacks should be limited to...
USD/JPY poised to resume its bull trend: BofA Merrill Lynch
Feb 17, 2015 18:09 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While the near-term swings in USD/JPY have been quite frustrating, the medium-term view remains bullish. Indeed, the 118.15 low could have marked the end of this 2m range trade.- Above...
EUR/USD correction higher continues: BofA Merrill Lynch
Feb 17, 2015 18:02 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- EUR/USD is correcting higher. Since the Jan-29 low at 1.1098, EUR/USD has been stuck in a choppy correction.- Within this correction, we look for one last push higher toward 1.1730, before...
USD/CAD could be in for a period of consolidation: BofA Merrill Lynch
Feb 17, 2015 17:39 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- USD/CAD has stabilized recently alongside oil prices while CAD has retraced its recent significant overvaluation- Low oil prices will likely make the BoC more aggressive contrasting with an...
Pace of growth in Germany will be more modest than the ZEW implies: Capital Economics
Feb 17, 2015 17:27 pm UTC| Commentary
Quotes from Capital Economics:- Februarys further improvement in ZEW investor sentiment provides some reassurance that confidence in the German economy is holding up despite the ongoing turmoil in Greece. The rise to...
BoE likely to hike rates at its August 2015 meeting: Danske Bank Markets
Feb 17, 2015 17:16 pm UTC| Commentary
Quotes from Danske Bank Markets:- In line with our expectations, UK CPI inflation declined by 0.2 percentage points to 0.3% in January 2015 from 0.5% in December 2014 (Danske Bank: 0.3%, consensus: 0.4%). This is the...