Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
action economy fighting looking losing otherwise plans putting reform talk tax together
This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle.
argument cuts tax
If there are no tax cuts (planned for the budget) then that may be used an argument to cut rates,
tough
We think it is unlikely, but it's a tough call.
basis fifty markets points
Fifty basis points is most likely; that's factored into the markets already.
company dutch market selling
There is speculation in the market that a Dutch company is selling euros.
bodies call groups industry policy research
Politicians, industry groups and research bodies are all uniting to call on the ECB for policy action.
bit clearly data dependent dollar expect fed hence starting view volatile
But clearly any view on the Fed now is dependent on how the data comes through and hence we can expect the dollar to be a bit more volatile on data releases, starting with Friday's payrolls.
against australia countries currency dollar weakness
There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar - Australia for one.
earlier economy far fed general good help indicator key number seen selling strength
We've seen some selling earlier this week, but a good number will show the general strength of the U.S. economy and help the dollar. Payrolls will be the key indicator as far as the Fed is concerned.
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.
chance entry euro markets nervous next outlook pricing remote
Markets are nervous about the outlook for euro entry. The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
chance entry euro markets nervous next outlook pricing remote
Markets are nervous about the outlook for euro entry, ... The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
against australia comment countries currency dollar offer people supportive weakness
People are clutching at straws if they think that the G20 will offer some kind of supportive comment for the euro. There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar -- Australia for one.
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.