Structural concerns have faded into the background (during 2005) as markets have been placated by the strength of capital inflows into US portfolio assets.
Structural concerns ... faded into the background (during 2005) as markets have been placated by the strength of capital inflows into U.S. portfolio assets.
The dollar may find some relief from the data, but this could be short-lived.
It will be interesting to see how upbeat the Fed will be on growth prospects and how U.S. asset markets will react. Pre-Fed trading means we are likely to see tight ranges today.
Overall, this week's data releases will help to continue to paint a picture of strengthening growth in the euro zone, but will hardly point to any acceleration.
Overall, he is opening the door to further rate hikes. It could also suggest that rates could go higher than currently priced in.
Overall, a disappointing number, but growth is set to bounce back strongly in the first quarter, with government consumption set to provide a positive contribution and consumer spending also likely to strengthen.
The whole China effect is fading. We are moving back to trading in familiar ranges and the market is realizing it was not a big move.
Volatilities have also been bid up across the curve and with the yen having breached key technical levels, it now appears to be preparing for an attempt at testing its September 1998 low of 129.03 against the dollar,
It is difficult to see the dollar succumbing to another bout of weakness prior to year-end, especially with (US) data releases likely to remain upbeat.
