5 Mar 2014
Flash: A sense of calm for markets - Investec
FXStreet (Guatemala) -Jonathan Pryor, Corporate Treasury Analyst at Investec noted the sense of calm around markets again.
Key Quotes
"If you were busy reading the news about the confrontation in Ukraine yesterday you might have missed the fact that equity markets in the US are again back at all-time highs, having shrugged off losses, as immediate tensions eased yesterday in the region. Russia's Putin called troops back from military exercises and distanced himself from Russian troops surrounding Ukrainian bases."
"As a result markets have regained a sense of calm and focus turns for now back to a busy end to the week for data and policy meetings, with Bank of England and ECB decisions out tomorrow and the release of Non-Farm Payrolls in the US on Friday. Speculation abounds as to whether then ECB has any policy bullets left in its armoury to battle the subdued economic and inflationary picture, and if indeed it is willing to use them."
Key Quotes
"If you were busy reading the news about the confrontation in Ukraine yesterday you might have missed the fact that equity markets in the US are again back at all-time highs, having shrugged off losses, as immediate tensions eased yesterday in the region. Russia's Putin called troops back from military exercises and distanced himself from Russian troops surrounding Ukrainian bases."
"As a result markets have regained a sense of calm and focus turns for now back to a busy end to the week for data and policy meetings, with Bank of England and ECB decisions out tomorrow and the release of Non-Farm Payrolls in the US on Friday. Speculation abounds as to whether then ECB has any policy bullets left in its armoury to battle the subdued economic and inflationary picture, and if indeed it is willing to use them."