Higher US rates might come sooner than later – Danske Bank

FXStreet (Edinburgh) - Anders Fischer, Analyst at Danske Bank, assesses the recent speech by FOMC’s Bullard.

Key Quotes

“FOMC member Bullard (non-voter) said yesterday that 'if macroeconomic conditions continue to improve at the current pace, the normalisation process may need to begin sooner rather than later”.

“He thereby repeats a main point from the Yellen testimony from earlier this week, although his preference for a Q1 15 hike is significantly earlier than both Yellen and the FOMC median thinks”.

Jul 18, 2014

Pegging the timing of BoE's first rate hike increasingly difficult - TD Securities

Jacqui Douglas, Senior Global Strategist at TD Securities suggests that while UK’s inflation prospects seem to be getting murkier, pegging the timing of the first rate hike is becoming that much more difficult.

Spain's growth momentum picking up - Goldman Sachs

Andrew Benito from Goldman Sachs observes that Spain's economic performance has benefited from financial conditions easing more than expected at the turn of the year.