Daragh Maher
Daragh Maher
bank concerns early ease england loss momentum months nervous none outlook
None of this will ease concerns for those at the Bank of England nervous about the outlook for consumption in the months ahead, particularly after the loss of momentum early this year.
comments commitment keeping mistake period prolonged rates recent rise unchanged
In the end, rates are set to rise and it would be a mistake to see recent comments as a commitment to keeping rates unchanged for a prolonged period -- low, yes, but not unchanged.
associated catalyst creating deliver exit itself market move political recovery strategy stretched
If the BOJ can deliver an exit strategy without creating undue political friction, it could be the catalyst for some associated recovery in the yen, a move that will only be amplified, the more stretched the speculative market allows itself to become.
euro generally holding improving inflation percent zone
We will probably see inflation holding around 2.4 percent and it is still benign. Things are generally improving in the euro zone and I don't think this story will be derailed by the PMI.
business concerns confidence driven euro external keeps revival zone
There are concerns that the revival in euro zone business confidence has been driven by the external sector, which could be undermined if the euro keeps on rising.
euro finance france higher ministers pressure push raise reluctance riots zone
There is a reluctance to push the euro/dollar higher because of riots in France and pressure from euro zone finance ministers not to raise rates.