How Low Will The ECB Go?
How Low Will The ECB Go?
After cutting interest rates less than expected at the last meeting, the European Central Bank’s leading members appear to be giving a clear signal over what the bank should do next.
In the latest interview, the governor of the Austrian central bank Ewald Nowotny said that the key interest rate […]
All Quiet
All Quiet
The Usd was mixed in the Asian session, despite the recovery in equity markets. The EurUsd traded sharply lower from 1.3281 to 1.3091, while the UsdJpy was range bound between 100.70 and 100.21.. With European and US markets closed for a long weekend, we expect trading to be light and continued consolidation in the […]
Earnings Season Is About To Start. Will The Gains From March 9th Dissipate?
Wakeup Call: Earnings Season Is About To Start. Will The Gains From March 9th Dissipate?
Earnings season is about to start this week and expectations are that it is a throwaway quarter. However most will be focused on the guidance that companies provide for the rest of 2009.
CalendarEconomic Data ReleasesCountryNameTime (GMT)ExpectationPriorCommentEC09:00E-Z PPI YoY (FEB)-1.5%-0.5%EC09:00E-Z Retail […]