Financial News

Tough for weak JPY to offset oil price drop: Barclays

Quotes from Barclays Capital:

- JPY depreciation of 20% versus the USD (size of the y/y decline in mid-2015 if USD/JPY stays at 120) would boost the CPI by 0.38% in Year 1.

Read more ...

UK private consumption likely to accelerate this year: Barclays

Quotes from Barclays Capital:

- The latest national accounts released on Dec 23 showed UK Q3 14 GDP down 0.5%, due to lower growth between Q2 13 and Q2 14: in the year to Q3 14, growth has been revised down from 3.0% to 2.6%.

Read more ...

Political uncertainty on Greece unlikely to delay the launch of ECB QE: Barclays

Quotes from Barclays Capital:

- We don't think that the political uncertainty on Greece will delay the launch of QE, but it will impose conditions on the purchase of GGBs similar to those in the ABSPP and CBPP3

Read more ...

EUR/USD downtrend picks up steam: Rabobank

Quotes from Rabobank:

- EUR/USD pushed below the 1.18 level this week for the first time since late 2005. The downward trend has been in place since the middle of 2014 fuelled by the anticipated divergent trends between Federal Reserve and ECB policy this year, but the recent drop in EUR/USD has been attributed to two additional factors - the renewed political uncertainties in Greece and last week's news that the percentage of global reserve holdings of the EUR fell to its lowest level in Q3 since 2002.

Read more ...

Export-led growth path will not translate into a surge in Canadian employment: TD Economics

Quotes from TD Economics:

- Today's Canadian employment report closes the book on 2014, with the economy adding 141K net new jobs on average annual basis. This marks the weakest annual job creation outside of a recession since 1996.

Read more ...
We Accept: Visa Card Payment Master Card Payment Skrill Payment Bank Wire Payment