One Message Across Asset Classes: Lower EUR/USD – BofA Merrill
21 May 2013 | No Comments »Across different asset classes, evidence is building for a lower EUR/USD, says Bank of America Merrill Lynch.
Are Treasurys Falling Out of Favor With China?
21 May 2013 | No Comments »Reports that China may step up the diversification of its huge foreign exchange reserves is not great news for U.S. Treasurys, already under pressure from talk about an easing in the Federal Reserve’s bond-buying program. But, the fall-out from such a move is likely to be limited, analysts say.
Falling petrol prices drive first drop in UK inflation since September
21 May 2013 | No Comments »British consumer price inflation fell last month for the first time since September, giving incoming Bank of England governor Mark Carney more leeway to support the economy should the recovery weaken.
UK House Price Index, March 2013
21 May 2013 | No Comments »•In the 12 months to March 2013 UK house prices increased by 2.7%, up from a 1.9% increase in the 12 months to February 2013.
•House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
•The year-on-year increase re…
UK Producer Price Inflation, April 2013
21 May 2013 | No Comments »•In the year to April the output price index for goods produced by UK manufacturers (factory gate prices) rose 1.1%, compared with a rise of 1.9% in the year to March.
•Between March and April factory gate prices fell 0.1%, compared with a rise of 0.2% between February and March.
•In the year to A…
