Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
against believe cents danish euro joining referendum slide
We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro.
bad driven imports largely news oil reflects rise slide strong underlying
However, it is not all bad news as the slide was largely driven by a strong 27.3% rise in imports. While this reflects oil prices, to some extent, underlying imports are rising, which bodes well for the economy.
doubt economy german interest needs raise rates slide slow stop
The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.
doubt economy german interest needs raise rates slide slow stop
The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.
tough
We think it is unlikely, but it's a tough call.
buying data fed inflation opportunity saying speakers vigilant
Fed speakers are saying they are going to be vigilant on inflation and if the data suggests they haven't done enough, they will do more. It's a short-term buying opportunity for the dollar.
comments looks recent remain sights stumbling
Our sights remain on a plunge to 80 cents. If Duisenberg's most recent comments are correct, it looks as if intervention is stumbling already.
economy evidence recovery strong
Do we think it's going to happened? Not in the U.S., so then not in Europe, ... But then there's no evidence that the economy is going to show strong recovery either.
believe definitely market next push time year
Will the market push on for $1.05 this year and $1.10 by this time next year? We definitely believe that it will be the latter.
change convinced cut expect market
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result.
deliver euro fact hike hikes pull rate skeptical whether year
I'm still skeptical whether we will see a hike from the ECB this year. The fact the ECB won't deliver on rate hikes this year will probably pull the euro back.
care data hardly market meeting tomorrow
With the FOMC meeting tomorrow the market is hardly going to care too much for the US data today.
cautious corporate decide ditch far happening investors maybe rally recovery stocks takes throw trust
I don't trust this rally as far as I could throw it. It maybe takes a while for investors to decide to ditch even more stocks and become even more cautious about corporate debt. I don't see what's happening here as a harbinger of recovery for the market.
bad danish denmark fallout huge stays
I don't think it's necessarily that bad if Denmark stays out. I don't think there will be a huge fallout in Danish markets,