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Francesco Sgarbossa
Post pubblicati Weekly Overiew
The week was quite tense in the world because of the minute of the Fed last week. An economic downturn more and more eye-catching with consumer prices declining well in Britain only happy island of Europe...
Francesco Sgarbossa
Post pubblicati Bank of England may keep rates low for longer, says chief economist
BoE's Haldane says gloomier about economy than 3 months ago * Haldane says markets see risk of long-term stagnation * No guarantee wages and productivity will recover soon * Sterling falls against dollar on remarks (Adds market reaction, detail from speech) By David Milliken LONDON, Oct 17 (Reute...
Francesco Sgarbossa
Post pubblicati Morning Meeting
Yen is away from recent highs on the back of encouraging macroeconomic data from the United States. In favor of risk appetite, the head of the Federal Reserve Bank of St...
Francesco Sgarbossa
Post pubblicati Morning Meeting
Euro on weak during Asian markets, weighed down by signs of economic slowdown, while the dollar index on the major currency counterparts rises to a maximum of one week. Around 7.20 the single currency slipped to $ 1.2644 from 1.2658, while the closure is almost stable against the yen at 135...
Francesco Sgarbossa
Post pubblicati Goldman Sachs Cuts Its EUR/USD Forecasts
Goldman Sachs cuts its EUR/USD forecast and now expects the pair to trade at 1.23, 1.20 and 1.15, in 3, 6 and 12 months from 1.29, 1.25 and 1.20 previously. GS expects EUR/USD to fall to parity by the end of 2017...
Francesco Sgarbossa
Post pubblicati Weekly Macro
The economy and the trend in the coming months are worring the operators. The attitudes of the central banks and the timing of the reversal interest rates make the future totally uncertain. The macro that have come this week are not at all comfortable (Germani in contraction...
Francesco Sgarbossa
Post pubblicati Don't Buy The Dollar, Just Sell The Euro - SocGen
The dollar has rallied too far, too fast since July on the back of good data and a small change in the FOMC language but as long dollar positions became excessive, this week's FOMC minutes were a catalyst for a clear-out...
Francesco Sgarbossa
Post pubblicati Morning Meeting
Dollar steady against the euro and yen , although lower yields United States has limited its rebound after a decline due to the Fed's accommodative tone . Around 7.30 the euro is worth 1.2704 / 06 from Dollar 1.2690 and 136 , 83/89 yen from 136.84 yen. The dollar / yen stood at 107...
Francesco Sgarbossa
Post pubblicati Morning Meeting
This morning during the Asian markets, the dollar has hit a low of the last two months against a basket of foreign currencies after the minutes of the meeting of the Federal Reserve that have cooled expectations of a rate hike . The euro rose 0.1 % to dollar 1...
Francesco Sgarbossa
Post pubblicati U.S. 30-Year Yields at Almost 17-Month Low Before Fed Minutes
Treasury 30-year bond yields traded at almost the lowest level since May 2013 before the Federal Reserve releases minutes of its latest policy meeting...
Francesco Sgarbossa
Post pubblicati Morning Meeting Update
Rise in the yen as a safe haven currency, spurred by disappointing macro data Germans after the publication of the data on industrial production and after trimming the estimates of global growth by the IMF for the third time this year. Around 7.30 the euro is worth 1.2629 /32 dollar from 1...
Francesco Sgarbossa
Post pubblicati Macro results of the day
Industrial production in Germany reported in August, an annualized decline of 2.8%, worse than the 2.7% the previous month and down 0.5% expected. On a monthly basis seasonally adjusted variation shows a real collapse, -4% against the previous reading of 1.6% and -1.5% expected by the market...
Francesco Sgarbossa
Post pubblicati BOJ Keeps Policy Unchanged With Yen Near Six-Year Low
The Bank of Japan maintained its record stimulus as the yen traded near a six-year low and economists pushed back forecasts for further monetary easing...
Francesco Sgarbossa
Post pubblicati Morning Meeting Update
Asian markets further gains for the dollar after the break yesterday . Around the 7.40 Italian euro slipped 0.3 % against the dollar to 1.2620 after yesterday's recovery . At the same time , the dollar rises by 0.3 % against the yen to 109.11 . The euro / yen to 137.13 / 15...
Francesco Sgarbossa
Post pubblicati Japan’s Abe says there are positive and negative effects of weak yen
won’t comment on specific yen levels; in general weak yen pushes up import costs and hurts small companies while exporters; Japanese PM giving us a quick lesson in basic economics; export declines have stopped due to weak yen since Abenomics introduced; hopes firms are beginning to shift investme...
Francesco Sgarbossa
Post pubblicati Update Morning Meeting
The dollar opened the week showing an upward trend in the Asian markets after robust data on the labor market came from the United States Friday. The statistics have raised expectations that the Reserve Fedaral lift rates in mid- 2015 , if not before . At the 7.30 Italian euro / dollar is at 1...
Francesco Sgarbossa
Post pubblicati Update Morning Meeting
The euro / dollar takes on the values ​​of yesterday , after having risen slightly from the lows for two years in the wake of the ECB meeting and the lack of any indication of a possible QE program...
Francesco Sgarbossa
Post pubblicati http://www.bloomberg.com
The European Central Bank will buy assets for at least two years to boost inflation and economic growth in the euro area, President Mario Draghi said...
Francesco Sgarbossa
Post pubblicati EURJPY targhets
EURJPY, W1: the break of the resistance located at 141 would give the green light to the next target to 167...
Francesco Sgarbossa
Post pubblicati EUR/USD – Getting of a sense of high ground ahead of Draghi
EUR/USD has seen some excitement, with a rise to 1.2673 and a slide all the way back down to the previous range. A weak figure from the US already accumulated into a significant correction for the US dollar. Is the pair changing direction or is it just a correction? A lot depends on Mario Draghi...