Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
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.
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.
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.
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.
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.
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.
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.
agreement coalition compromise grand obviously
Under the grand coalition agreement, some compromise will obviously have to take place for things to work,
comments economy european growth helped improving inflation raised rate requires thinks
They've raised their inflation and growth forecasts, which suggests that the ECB thinks the European economy is improving and requires more rate hikes. These comments have helped the euro.
biggest dollar factor gold negative oil pressure prices putting rise sentiment turning
The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.
backdrop comments dollar focus foreign issue negative reserves term
The backdrop for the dollar is negative. G-7 comments were negative while the foreign reserves issue has come back into focus and is going to be a long term negative factor.
impact katrina message officials
The message from officials is that the impact from Katrina will be limited.
adjustment believe dollar event further minutes peak putting rates seen suggesting
The minutes are a very important event today, with any adjustment suggesting that the peak in rates is close, as we believe it is, seen putting the dollar under further pressure.