Euro hits $1.10 as ECB kicks off QE

by Ashraf Laidi | 05 Mar, 2015
The euro currency had short-lived rally off its latest 11-year lows when the ECB revised its 2015 GDP forecasts to 1.5% from December's 1.0% and upgrading its 2016 growth view to 1.9% from the... More...

  • UK jobs, earnings fire up sterling

    by Ashraf Laidi | Feb 18, 2015 14:03
    The positives of the UK jobs figures are broad-based as the unemployment rate –measured by the ILO– dropped for the 3rd straight month to reaching 5.7%–its lowest since August...
  • Beware of Back-to-back January declines in stocks

    by Ashraf Laidi | Jan 30, 2015 16:32
    January will most likely be negative for US stock indices (S&P500), and will be the 2nd consecutive year of negative January performance.
  • SNB miscalculates by dropping currency ceiling

    by Ashraf Laidi | Jan 15, 2015 14:12
    The Swiss National Bank's decision to abandon its four-year-old EUR/CHF peg at 1.2000 is a stark reminder that in today's deflation-bound, zero interest rate world, capital appreciation exceeds...
  • Copper growth stopper – Another 15% decline?

    by Ashraf Laidi | Jan 14, 2015 16:11
    Today's 4.3% slump in copper is the ninth consecutive daily decline in the metal, a pattern last seen 11 months ago during the peak of China's financing shenanigans — when Chinese...

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