Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
bit correction market overnight points quite stronger
It's just a little bit of a correction on the yen front. The Nikkei (stock market average) was down quite sharply overnight but everything points to a stronger yen still developing.
economy higher interest keeping moving outlook rates
The outlook for interest rates is still positive. Canada's economy is still moving ahead, keeping expectations of higher rates alive.
coming factors few holding namely renewed supportive ultimately
Ultimately we will see sterling coming under renewed pressure. There are few supportive factors which are just holding it in place at the moment, namely M&A activity.
mandate outright reform strong victory
The reform mandate is probably not going to be as strong as it would have been under an outright victory by Merkel.
against dollar increasing issues scope starting structural work
There is increasing scope for the dollar to come under pressure. Once again, we see structural issues starting to work against the dollar.
extremely hike looking looks main market meeting next rate strong time
The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
extremely hike looking market meeting next rate strong time
The PCE deflator will be extremely important today. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
asian bit dollar hints
As well as hints from Asian authorities that they are going to diversify, we now have the U.S. acknowledging it. It's going to put the dollar under a bit of pressure.
against confidence consumer dollar keeping losses number recent strong
The yen has retraced some of its recent losses against the dollar, but expectations of a strong U.S. consumer confidence number are keeping the dollar broadly supported.
clear coalition difficult drag either form grand hostility looks months outcome possible seems side weeks worst
This is the worst outcome possible for the euro. Not only is there no clear winner, it will be difficult for either side to form a coalition and there seems to be hostility to the idea of a grand coalition. It looks as if it could drag on for weeks if not months and that uncertainty is the worst thing for markets,
adds allow asian banks central impression interest prepared raise strength ultimately
This adds to the impression that Asian central banks are going to be prepared to raise interest rates, and ultimately allow more strength in their currencies.
building coming comments euro hike likely rate regarding seeing start top
Speculation regarding a ECB rate hike is likely to start building further, especially coming on top of the more hawkish comments we have been seeing from the ECB officials, so that will be euro supportive,
assets coming data market months performing period quite softness
During that (November) period the U.S. assets market was performing quite strongly. But I think in the coming months we are going to see some softness in that data as well.
couple easy low next solution testing weeks
I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.