Intraday Market Thoughts
ECB Rate Cut is Beyond Last Resort
by
Dec 5, 2013 16:42
Markets have reacted to NOT what the ECB said, but instead to what the ECB did NOT say. My analysis on the euro's jump to 1.3650s, the UK autumn statement and the US GDP. Full charts & analysis here
Click To Enlarge
Act | Exp | Prev | GMT |
---|---|---|---|
GDP (q/q) [P] | |||
3.6% | 3.0% | 2.8% | Dec 05 13:30 |
GDP Price Index (q/q) [P] | |||
2.0% | 1.9% | 1.9% | Dec 05 13:30 |
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