Thoughts – Insights

"The Day Today" - 7 April 2015

* RBA unch but retain easing bias * Fed’s Lockhart on a rate hike “I would probably be biased toward the July or September dates as opposed to June…the first quarter was anomalous again” * Fed’s Dudley wonders if March employment data reflects “temporary factors . . . To read this article, please log in…

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"The (April Fools) Day Today," - 1st April 2015

* SNP-backed Labour Government Would Leave UK Looking Like ‘Pre-crisis Spain’, Says US Fund Manager BlackRock: “Whoever wins – and the result could take time to emerge – will lead a weak government likely to pass only watered-down legislation.” * Fed’s George: “it’s more a . . . To read this article, please log in…

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"The Day Today" - 24 Feb 2015

* San Fran Fed Williams: “I wouldn’t want to eliminate the possibility of a rate hike in June” * EU parliaments won’t hold up the Greek plan – Finland will put the vote to a 25 member legislative committee where it has a majority; Dutch say they won’t seek a parliamentary vote at all *…

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"The Day Today" - 23 Feb 2015

* BOJ Minutes: Further action will hinge on “inflation as a trend”. “Steady progress” is being made “in the conversion of the deflationary mindset” but a few members warned the “feasibility of continuing asset purchases…warranted attention, even though it seemed technically possible to continue…for some time” * Kuroda, responding to . . . To read…

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"The Day Today" - 20 Feb 2015

* ECB to tell Greek banks to reduce their holdings of Greek bonds if talks break down so they are not left holding illiquid assets, ‘sources’ told Bloomberg * German deputy FinMin: “The examples of Spain, Ireland and Portugal…show that it’s possible to pursue far-reaching structural reforms and, at the same time, cut public ….

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